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Working At Paychex

Zippia Score 4.4
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Paychex Overview

Industry
Human Resources
Revenue
$4.6B
Headquarters
Rochester, NY
Employees
14,300
Founded In
1971
Website
www.paychex.com
Organization Type
Public
CEO
Martin Mucci
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 $4.6B.

The Organization’s Mission

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

3.4/5

Employee Reviews

Based On 7 Ratings

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Job Openings
387 Positions
Average Salary
$46,654 yearly

On This Page

Paychex Employee Reviews

Employee Reviews
3.4/5

Based On 7 Ratings

Work At Paychex? Share Your Experience
Employee Reviews
2.0
Dec 2022
Pros

Team environment

Cons

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

3.0
Apr 2022
Pros

Good culture

Cons

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

Benefits

Unlimited PTO but with low base pay

2.0
Jan 2022
Pros

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

Cons

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

More Reviews

Work at Paychex? Share your Experience

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Salary and Benefits
Management
Work Environment
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The Team At Paychex

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

7.2
Salary Score
The national average salary for a Paychex employee in the United States is $46,654 per year. Employees in the top 10 percent can make over $77,000 per year, while employees at the bottom 10 percent earn less than $28,000 per year.
Average Paychex Salary
$46,654
yearly
$22.43 hourly
Updated March 16, 2023

Paychex Diversity

9.7
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Paychex. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • 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.

  • On average, employees at Paychex stay with the company for 5.1 years.

Videos About Working At Paychex

Paychex: So Much More
Sales Careers At Paychex
Inside the offices of Paychex
Find out why Paychex is IT

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 Annual Revenue

$5B
$4B
$3B
$2B
$922M
$0
2017
2018
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Highest Paying Paychex Competitors

Based on our research, similar companies to Paychex are Workday, Square, and Intuit. Employees at Workday earn more than most of the competition, with an average yearly salary of $125,723. The employees at Square earn an average yearly salary of $119,615 per year, and the salaries at Intuit average $106,118 per year.
RankCompanyAverage SalaryJobs
1Workday$125,723449
2Square$119,6156
3Intuit$106,118354
4Kronos Incorporated$104,19812
5Morgan Stanley$103,933904
6MicroStrategy$90,5876
7Broadridge$87,981383
8TriNet$83,87934
9Paycom$72,8363,097
10Morningstar$72,80879
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Paychex FAQs

When Was Paychex Founded?

Paychex was founded in 1971.

How Many Employees Does Paychex Have?

Paychex has 14,300 employees.

How Much Money Does Paychex Make?

Paychex generates $4.6B in revenue.

What Industry Is Paychex In?

Paychex is in the human resources industry.

What Is Paychex's Mission?

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

What Type Of Company Is Paychex?

Paychex is a public company.

Who Are Paychex's Competitors?

Paychex competitors include Intuit, Fiserv, Morningstar, Morgan Stanley, Square, Broadridge, Kronos Incorporated, Aetna, MicroStrategy, Workday, Vonage, Ceridian, Insperity, Employer Solutions Group, ADP, Administrative Resources, Paycom, TriNet, Oasis Staffing, BenefitMall.

Who Works At Paychex?

Martin Mucci (CEO)

Blase Thomas Golisano (Chairman of The Board)

Have more questions? See all answers to common company questions.

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Updated March 16, 2023

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.