Paychex Inc. (PAYX)
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 |
IPO Date | Aug 26, 1983 |
Industry | Staffing & Employment Services |
Sector | Industrials |
Employees | 16,500 |
CEO | John B. Gibson Jr. |
Contact Details
Address: 911 Panorama Trail South Rochester, New York United States | |
Website | https://www.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 & Director |
Prabha Sipi Bhandari | Senior Vice President, Chief Legal Officer, Chief Ethics Officer & Secretary |
Robert Lewis Schrader | Chief Financial Officer |
B. Thomas Golisano | Founder & Director |
Bradley J. Schaufenbuel J.D., L.L.M. | Vice President & Chief Information Security Officer |
Dave Wilson | Vice President of Platform & Technology Services |
Elizabeth Roaldsen | Senior Vice President of Operations & Customer Experience |
Frank Fiorille | Vice President of Risk & Compliance |
Mark A. Bottini | Senior Vice President of Sales |
Michael E. Gioja | Senior Vice President of Product Development & Information Technology |
Latest SEC Filings
Date | Type | Title |
---|---|---|
Mar 31, 2025 | S-3ASR | Automatic shelf registration statement of securiti... |
Mar 26, 2025 | 10-Q | Quarterly Report |
Mar 26, 2025 | 8-K | Current Report |
Mar 05, 2025 | 4 | Filing |
Feb 27, 2025 | 8-K | Current Report |
Feb 04, 2025 | 4 | Filing |
Jan 17, 2025 | 4 | Filing |
Jan 16, 2025 | 4 | Filing |
Jan 14, 2025 | 4 | Filing |
Jan 07, 2025 | 8-K | Current Report |