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Paychex Overview

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 53.2% female and 37.8% ethnic minorities. Paychex employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 63.0% 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 4.9 years. The average employee at Paychex makes $53,609 per year. Pay at Paychex is significantly lower than some of its highest paying competitors, like Square, Workday, and Morgan Stanley, which pay $128,972, $127,093, and $117,587, respectively.
Based in Rochester, NY, Paychex is an industry leader with 14,300 employees and an annual revenue of $4.0B.

Industry

Human Resources

Revenue

$4.0B

Employees

14,300

Founded in

1971

Headquarters

Rochester, NY

Website

www.paychex.com

Organization Type

Public

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Paychex Employee Reviews

Zippia Official Logo

3.0

Zippia UserApril 2022

3.0

Zippia Official LogoZippia UserApril 2022

What Do You Like About Working There?

Good culture

What DON'T You Like About Working There?

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

What Are Your Favorite Benefits/Perks?

Unlimited PTO but with low base pay
Zippia Official Logo

2.0

Zippia UserJanuary 2022

2.0

Zippia Official LogoZippia UserJanuary 2022

What Do You Like About Working There?

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

What DON'T You Like About Working There?

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

4.0

Zippia UserAugust 2021

4.0

Zippia Official LogoZippia UserAugust 2021

What Do You Like About Working There?

Company good to employees in need

What DON'T You Like About Working There?

Company requires more and more with no extra pay

What Are Your Favorite Benefits/Perks?

Understanding at times
Zippia Official Logo

5.0

Zippia UserMarch 2019

5.0

Zippia Official LogoZippia UserMarch 2019

What Do You Like About Working There?

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

What Are Your Favorite Benefits/Perks?

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

3.0

Zippia UserMarch 2019

3.0

Zippia Official LogoZippia UserMarch 2019

What Do You Like About Working There?

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

What DON'T You Like About Working There?

Major operations issues.

What Are Your Favorite Benefits/Perks?

Flexibility with schedule
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The Team At Paychex

Key People

Martin Mucci

Blase Thomas Golisano

Paychex Company Rankings

Paychex is ranked #16 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

How much does Paychex pay?
The national average salary for a Paychex employee in the United States is $53,609 per year. Employees in the top 10 percent can make over $90,000 per year, while employees at the bottom 10 percent earn less than $31,000 per year.
7.0
Salary Score
Average Paychex Salary
$53,609 yearly
$25.77 hourly
Updated May 26, 2022
$31,000
10 %
$53,000
Median
$90,000
90 %

Highest Paying Jobs At Paychex

RankJob TitleAvg. SalaryHourly Rate
1Developer$112,227$54
2Product Manager$103,091$50
3Middleware Engineer$100,935$49
4Project Manager$79,875$38
5Sales Consultant$79,835$38
6Software Test Engineer$78,691$38
7Human Resources Consultant$72,608$35
8Account Executive$69,889$34
9Partner$59,147$28
10Implementation Coordinator$57,922$28
11Sales Representative$57,599$28
12Client Service Supervisor$50,494$24
13Payroll Administrator$45,363$22
14Payroll Specialist$43,991$21
15Human Resources Coordinator$41,048$20
16Client Services Advisor$40,292$19
17Administrative Assistant$38,038$18
18Accounting Clerk$36,169$17
19Office Assistant$35,324$17
20Service Representative$34,558$17

Paychex Demographics Summary

9.6
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.

Paychex Gender Distribution

Male
Male
47%
Female
Female
53%

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%), followed by Hispanic or Latino (15%) and Black or African American (11%).

  • Paychex employees are most likely to be members of the Democratic Party.

  • On average, employees at Paychex stay with the company for 4.9 years.

  • The average employee at Paychex makes $53,609 per year.

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Paychex Employee Political Affiliation

Paychex employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Paychex employee was by John Sebo. John Sebo donated $18,650 to the Republican Party.

Parties

Democratic Party

64.0 %
-

Republican Party

34.9 %
-

Other

1.2 %
-

Employee Political Donations

NameJob TitlePartyDonation
John SeboRetiredRepublican Party$18,650
Thomas GolisanoChief Executive OfficerOther$4,800
Bob SeboRetiredRepublican Party$2,500
Tawnya PostAccounting SupervisorDemocratic Party$1,960
William FrankAccount ExecutiveRepublican Party$1,900
Louis KwasniewskiDirectorDemocratic Party$1,750
Thaddeus IngeAttorneyDemocratic Party$1,750
Jeff FisherSupport SpecialistDemocratic Party$1,268
Scott BowlesOperations TechnicianDemocratic Party$1,158
Chris BauerSoftware DeveloperDemocratic Party$1,013
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Paychex Employment Videos

Paychex Financial Performance

9.7
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1971

Organization type

Public

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Paychex Subsidiaries

Subsidiaries to Paychex include Benetrac, Administrative Resources, and Chase, Mozzicato & Patz. Employees at the parent company, Paychex, earn $53,609. In comparison, the salaries at Benetrac, Administrative Resources, and Chase, Mozzicato & Patz are $75,245, $66,741, and $55,253.
Company
ascdesc
Average Salarydesc

Benetrac

Salary Range55k - 101k$75k$75,245

Administrative Resources

Salary Range47k - 93k$67k$66,741

Chase, Mozzicato & Patz

Salary Range37k - 81k$55k$55,253

Advance Partners

Salary Range39k - 75k$55k$54,912

Hr Co

Salary Range37k - 75k$53k$53,127
$37k
$101k

Paychex Competitors

Based on our research, similar companies to Paychex are Square, Workday, and Morgan Stanley. Employees at Square earn more than most of the competition, with an average yearly salary of $128,972. The employees at Workday earn an average yearly salary of $127,093 per year, and the salaries at Morgan Stanley average $117,587 per year.
Companydesc
Average Salarydesc
Square
Salary Range102k - 162k$129k$128,972
Workday
Salary Range111k - 145k$127k$127,093
Morgan Stanley
Salary Range88k - 155k$118k$117,587
Intuit
Salary Range85k - 139k$109k$109,304
Kronos
Salary Range78k - 119k$97k$97,014
MicroStrategy
Salary Range80k - 111k$95k$94,714
Broadridge Financial Solutions
Salary Range58k - 105k$79k$78,619
Insperity
Salary Range56k - 101k$76k$76,046
Paycom
Salary Range51k - 93k$69k$69,393
Administrative Resources
Salary Range47k - 93k$67k$66,741
$35k
$162k

Frequently Asked Questions about Paychex

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 $4.0B in revenue.

What industry is Paychex in?

Paychex is in the human resources industry.

What type of company is Paychex?

Paychex is a public company.

Who are Paychex's competitors?

Paychex competitors include Intuit, Fiserv, Morgan Stanley, Square, Broadridge Financial Solutions, Kronos, Aetna, MicroStrategy, Workday, Vonage, Ceridian, Advance Partners, Insperity, ADP, Administrative Resources, Paycom, Oasis Outsourcing, PrimePay, Chase, Mozzicato & Patz, BenefitMall.

Who works at Paychex?

Martin Mucci (CEO / President)

Blase Thomas Golisano (Chairman)

Where is Paychex's headquarters?

Paychex's headquarters is in Rochester, NY.

Are You An Executive, HR Leader, Or Brand Manager At Paychex?

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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.