Company Description
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.
| Country | United States |
| Founded | 1979 |
| Industry | Staffing & Employment Services |
| Sector | Industrials |
| Employees | 16,600 |
| CEO | John B. Gibson Jr. |
Contact Details
Address: 911 Panorama Trail S Rochester, New York 14625-0397 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 |
| Stephanie L. Schaeffer | Vice President, Chief Legal and Ethics Officer and Corporate Secretary |
| Mark A. Bottini | Senior Vice President of Sales |
| Michael E. Gioja | Senior Vice President of Product Development and Information Technology |
| Robert Lewis Schrader | Senior Vice President and Chief Financial Officer |
| Elizabeth Roaldsen | Senior Vice President of Operations and Customer Experience |
| Christopher Simmons | Vice President, Controller, Treasurer and Principal Accounting Officer |
| Dave Wilson | Vice President of Platform and Technology Services |
| Bradley J. Schaufenbuel J.D., L.L.M. | Vice President and Chief Information Security Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 16, 2024 | 8-K | Current Report |
| Apr 2, 2024 | 10-Q | Quarterly Report |
| Apr 2, 2024 | 8-K | Current Report |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Feb 7, 2024 | 144 | Filing |
| Jan 29, 2024 | 144 | Filing |
| Jan 26, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Jan 25, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Jan 19, 2024 | 8-K | Current Report |