Paychex overview

Industry
Human Resources
Revenue
Headquarters
Employees
14,300
Founded In
Website
Organization Type
Public
Social Media
Paychex, Inc., together with its subsidiaries, provides payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses in the United States and Germany.Go to http://www.enrollpaychex.com and sign up today. It offers payroll processing services, which include calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients' payroll obligations. The company also provides payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. Its human resource outsourcing services include payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative. In addition, the company offers retirement services administration; workers' compensation insurance services; health and benefits services; time and attendance solutions; and other human resource services and products. It also operates a professional employer organization. As of May 31, 2009, the company served approximately 554,000 clients in the United States; and 1,600 clients in Germany. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.
The staff at Paychex come from unusually diverse demographic backgrounds. The company is 53.3% female and 37.9% ethnic minorities. Paychex employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 62.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Paychex seem to be happy. The company has great employee retention with staff members usually staying for 5.1 years.The average employee at Paychex makes $46,654 per year. Pay at Paychex is significantly lower than some of its highest paying competitors, like Workday, Square, and Intuit, which pay $125,723, $119,615, and $106,118, respectively.
Based in Rochester, NY, Paychex is an industry leader with 14,300 employees and an annual revenue of $5.0B.

Paychex's Mission Statement

We will be the leading provider of payroll, human resource, and employee benefit services by being an essential partner with america's businesses.

3.5/5

Paychex employee reviews

Based on 8 ratings

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Job openings at Paychex
475 Positions
Average salary at Paychex
$46,654 yearly

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Paychex employee reviews

Paychex employee reviews
3.5/5

Based On 8 Ratings

Work At Paychex? Share your experience.
Employee Reviews
profile
2.0
A zippia user wrote a review on Dec 2022
Pros of working at Paychex

Team environment

Cons of working at Paychex

Undervalued, low pay, aggressive clients. Statistically 20-30% of calls not intended for your department. Poor communication between departments

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3.0
A zippia user wrote a review on Apr 2022
Pros of working at Paychex

Good culture

Cons of working at Paychex

The interdepartmental communication is non-existent making it very hard to conduct effective presentations to prospects.

Paychex Benefits

Unlimited PTO but with low base pay

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2.0
A zippia user wrote a review on Jan 2022
Pros of working at Paychex

My colleagues on my sales team and manager were awesome to work with.

Cons of working at Paychex

Operations, post sale, paperwork to submit post sale to be discounted by our operations team.

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4.0
A zippia user wrote a review on Aug 2021
Pros of working at Paychex

Company good to employees in need

Cons of working at Paychex

Company requires more and more with no extra pay

Paychex Benefits

Understanding at times

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5.0
A zippia user wrote a review on Mar 2019
Pros of working at Paychex

Great leadership and focus on employees. Culture is fantastic and a main focus within the organization.

Paychex Benefits

Development opportunities, work/life balance, great pay and benefits, culture

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3.0
A zippia user wrote a review on Mar 2019
Pros of working at Paychex

Great benefits. The products & services on the surface are great.

Cons of working at Paychex

Major operations issues.

Paychex Benefits

Flexibility with schedule

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5.0
A zippia user wrote a review on Feb 2019
Pros of working at Paychex

The company is very flexible, the supervisors are very supportive of career growth, and the atmosphere is very team oriented.

Cons of working at Paychex

I don't have any complaints.

Paychex Benefits

The flexibility with a college schedule has been the best part. Also, the career development aspect has been key in my growth.

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The team at Paychex

  • The founders of Paychex is Blase Thomas Golisano.
  • The key people at Paychex are Martin Mucci and Blase Thomas Golisano.
Key People
Martin Mucci
Blase Thomas Golisano

Paychex Rankings

Paychex is ranked #18 on the Best Companies to Work For in Rochester, NY list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Paychex salaries

The average a Paychex salary in the United States is $46,654 per year. Paychex employees in the top 10 percent can make over $77,000 per year, while Paychex employees at the bottom 10 percent earn less than $28,000 per year.
Average Paychex Salary
$46,654
yearly
$22.43 hourly
Updated March 14, 2024

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Paychex diversity

9.7
Diversity Score
We calculated Paychex’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Paychex’s workforce.
Paychex diversity summary. Zippia estimates Paychex's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Paychex's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Paychex's workforce.
  • Paychex has 14,300 employees.
  • 53% of Paychex employees are women, while 47% are men.
  • The most common ethnicity at Paychex is White (62%).
  • 15% of Paychex employees are Hispanic or Latino.
  • 11% of Paychex employees are Black or African American.
  • The average employee at Paychex makes $46,654 per year.
  • Paychex employees are most likely to be members of the democratic party.
  • Employees at Paychex stay with the company for 5.1 years on average.

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Paychex Financial Performance

9.8
Performance Score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Paychex currently has 5.0B in revenue. Paychex's most recent quarter produced 1.3b (q1'2024).

Paychex annual revenue

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Highest paying Paychex competitors

Compare Paychex salaries to competitors, including Workday, Square, and Intuit. Employees at Workday earn the highest average yearly salary of $125,723. The salaries at Square average $119,615 per year, and the salaries at Intuit come in at $106,118 per year.

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Zippia gives an in-depth look into the details of Paychex, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Paychex. The employee data is based on information from people who have self-reported their past or current employments at Paychex. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Paychex. The data presented on this page does not represent the view of Paychex and its employees or that of Zippia.

Paychex may also be known as or be related to Paychex, Paychex Inc and Paychex, Inc.