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
Why Paychex (PAYX) is a Top Growth Stock for the Long-Term
Stable Employment Levels Continue for U.S. Small Businesses in August
WISE at Work: Early Results Show Paychex AI Is Reducing Payroll Errors and Improving Service Efficiency at Scale
Archer Investment Corp Buys Shares of 6,675 Paychex, Inc. $PAYX
Paychex Expands Award-Winning Lifestyle Benefits to 2M+ Employees on the Paycor® Platform
Ally Financial Inc. Makes New $2.95 Million Investment in Paychex, Inc. $PAYX
Callan Family Office LLC Makes New $2.93 Million Investment in Paychex, Inc. $PAYX
Allworth Financial LP Makes New Investment in Paychex, Inc. $PAYX
Here's Why You Should Hold PAYX Stock in Your Portfolio Now
BlackRock Inc. Acquires Shares of 27,753,178 Paychex, Inc. $PAYX
Aurora Investment Counsel Invests $2.29 Million in Paychex, Inc. $PAYX
AssuredPartners Investment Advisors LLC Buys Shares of 6,237 Paychex, Inc. $PAYX
Paychex, Inc. (NASDAQ:PAYX) Receives Average Rating of “Hold” from Analysts
ManpowerGroup Elects John B. Gibson Jr. to Board of Directors
U.S. Small Business Employment Landscape Remains Steady
Paychex Expands WISE to Deliver Workforce Intelligence Across Business Tools
Paychex, Inc. $PAYX Shares Sold by Cozad Asset Management Inc.
Farmers National Bank Purchases New Stake in Paychex, Inc. $PAYX
Bradley Foster & Sargent Inc. CT Buys 6,361 Shares of Paychex, Inc. $PAYX
Paychex, Inc. $PAYX Holdings Raised by Cetera Investment Advisers