Paychex

PAYX · NASDAQ

$112.62+$1.87 (+1.69%)TodayMarket closed ·
Prev close $110.75

About PAYX

Paychex, Inc. engages in the provision of human capital management solutions for payroll, human resources, insurance, and retirement for small and medium-sized businesses. The company is headquartered in Rochester, New York and currently employs 19,000 full-time employees. The firm is engaged in delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. The company is a provider of integrated HCM solutions for human resources (HR), payroll, benefits, and insurance for small- to medium-sized businesses in the United States (U.S.) and parts of Europe. The company supports its small-business clients by utilizing its proprietary, software as a service (SaaS) Paychex Flex platform and the Company’s SurePayroll SaaS-based solutions. Its HR solutions include HR packages, HR consulting, employee onboarding, hiring services, and artificial intelligence -assisted recruiting. Its payroll services include payroll packages, small business payroll, midsize to enterprise payroll, switch payroll companies, and payroll tax services. Its employee benefits services include Group health insurance, retirement services, and benefits administration services.

Employees
19,000
Headquarters
Rochester, New York
Listed
Aug 26, 1983
Sector
Industrials
Industry
Professional Services

Leadership

Paychex executives
NameTitleSince
Martin Mucci—2002
John Gibson—2013
Robert Schrader——
Mason Argiropoulos——
Jason Rose——
Adam Ante——
Chad Parodi——
Elizabeth Roaldsen——
Beaumont Vance——
Christopher Simmons——
Ryan Bergstrom——
Sipi Bhandari——
Joseph Tucci——
Thomas Bonadio——
Joseph Doody——
J. Michael Hansen——
Pamela Joseph——
Theresa Payton——
Kevin Price——
Joseph Velli——
Kara Wilson——
Rachel White—2025

Revenue by product and region

Fiscal year ended May 31, 2023: $4.91B total revenue

By product

  • Management Solutions [Member]$3.73B76.0%
  • PEO And Insurance Solutions [Member]$1.18B24.0%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Paychex suppliers and customers
CompanyRelationshipCorrelation
transcosmosSupplier0.75
Cvent, Inc. CVTSupplier0.34
Fiserv, Inc. FISVCustomer0.26
Upland Software, Inc. UPLDSupplier-0.70
transcosmos inc. TRCLFSupplier—
Red Hat, Inc. RHTSupplier—

Similar companies

Companies in the same industry as Paychex

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