Paychex, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- John Gibson Jr.
- Full Time Employees
- 17,600
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- Address
- 911 Panorama Trail South Rochester NY United States of America 14625-2396
- IPO Date
- Aug 26, 1983
- CIK
- 0000723531
- Website
- paychex.com
- Similar Companies
- Business
- Paychex, Inc. Paychex, Inc. (Nasdaq: PAYX) provides integrated payroll, human resources, benefits outsourcing, and human capital management solutions to small- and medium-sized businesses across the United States and Europe. The company offers comprehensive services including payroll processing, tax administration, employee payment options such as direct deposit and check signing, time and attendance tracking, HR outsourcing with compliance monitoring, 401(k) plan recordkeeping, workers' compensation administration, section 125 cafeteria plans, professional employer organization support, business insurance products through Paychex Insurance Agency, retirement services, financial wellness tools via partnerships like SoFi at Work, and payment processing; its flagship Paychex Flex platform delivers cloud-based, all-in-one functionality for payroll, HR, benefits, and financial management, enhanced by a recent solution powered by BILL for streamlined bill pay and SMB payments. Founded in 1971 by B. Thomas Golisano and headquartered at 911 Panorama Trail South in Rochester, New York, Paychex serves approximately 800,000 clients, pays one in 11 U.S. private-sector workers, and operates over 100 offices with subsidiaries extending reach in Germany and Denmark. In 2025, Paychex completed its $4.1 billion all-cash acquisition of Paycor in April, creating one of the industry's most comprehensive HCM portfolios with expanded AI-driven capabilities, upmarket presence, and revenue synergies exceeding $650 million annually; it also launched a new financial management solution in September and formed a partnership with SoFi in July to bolster employee financial well-being resources within Paychex Flex Perks.
Company News
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