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Paychex

12 days ago
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Key facts

Classified as: organization

Summary

Paychex is a company. It is located in Rochester, the United States and was founded in 1971. The company is part of the Industrials sector, specifically in the Professional Services industry.

Business

  • Assets: 9.6B $
  • Debt: 906.3M $
  • Employees: 16,000 people
  • Free cash flow: 1.6B $
  • Market cap: 44.8B $
  • Profits: 1.4B $
  • Revenues: 4.6B $

Stocks from Paychex

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Talking Points:

  • Payroll & HR solutions | Paychex
  • Paychex has HR solutions to fit the needs of any size business. From do-it-yourself payroll to human capital management, Paychex has exactly what you need to take your business where it needs to go.
  • Supporting business owners and HR professionals to help make the complex simple. License information: https://t.co/mRDUSibOEh
  • The Power of Simplicity | The workplace as we know it is changing. Paychex leads the way by making complex HR, payroll, and benefits simple. Our innovative HR outsourcing technology and the expertise of our highly trained HR consultants meet the evolving needs of our clients and their employees.
  • Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.
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