Company Description
Paychex, Inc., together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), 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 integrated HCM technology solutions and HR advisory services through both virtual and on-site availability of a professionally trained HR representative, as well as HR support to non-payroll clients through its HR Partner Plus solution; and retirement services administration, such as 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.
| Country | United States |
| Founded | 1979 |
| Industry | Software - Application |
| Sector | Technology |
| Employees | 16,600 |
| CEO | John Gibson |
Contact Details
Address: 911 Panorama Trail South Rochester, New York 14625-2396 United States | |
| Phone | 585 385 6666 |
| Website | paychex.com |
Stock Details
| Ticker Symbol | PAYX |
| Exchange | NASDAQ |
| Fiscal Year | June - May |
| Reporting Currency | USD |
| CIK Code | 0000723531 |
| CUSIP Number | 704326107 |
| ISIN Number | US7043261079 |
| Employer ID | 16-1124166 |
| SIC Code | 8700 |
Key Executives
| Name | Position |
|---|---|
| John B. Gibson Jr. | President, Chief Executive Officer and Director |
| B. Thomas Golisano | Founder and Director |
| Robert Lewis Schrader | Chief Financial Officer |
| Elizabeth Roaldsen | Senior Vice President of Operations and Customer Experience |
| Mark A. Bottini | Senior Vice President of Sales |
| Michael E. Gioja | Senior Vice President of Product Development and Information Technology |
| Dave Wilson | Vice President of Platform and Technology Services |
| Bradley J. Schaufenbuel J.D., L.L.M. | Vice President and Chief Information Security Officer |
| Frank Fiorille | Vice President of Risk and Compliance |
| Prabha Sipi Bhandari | Senior Vice President, Chief Legal Officer, Chief Ethics Officer and Secretary |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Dec 19, 2024 | 10-Q | Quarterly Report |
| Dec 19, 2024 | 8-K | Current Report |
| Nov 14, 2024 | 144 | Filing |
| Nov 13, 2024 | 144 | Filing |
| Nov 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 12, 2024 | 144 | Filing |
| Oct 30, 2024 | 144/A | Filing |
| Oct 29, 2024 | 144 | Filing |
| Oct 28, 2024 | 144 | Filing |
| Oct 21, 2024 | 144 | Filing |