What is Paychex's business focus and history?

Paychex, Inc. is a publicly traded company based in Rochester, New York, founded in 1971 by B. Thomas Golisano. It operates as a leading provider of human capital management solutions, offering payroll, human resources, and benefits outsourcing services for small to medium-sized businesses. Paychex has approximately 19,000 employees and serves nearly 800,000 clients in the U.S. and Europe. The company reported a revenue of $5.57 billion in 2025. Its top competitors include companies like ADP, Gusto, and TriNet.

Paychex Corporate Details & Core Services

Paychex, Inc. is a leading provider of human capital management solutions, offering payroll, human resources, and benefits outsourcing services for small to medium-sized businesses in the United States and Europe.

Paychex Contact Information & Official Links

Website https://www.paychex.com/
Social        
Phone number +1 585-385-6666
Head office address Rochester, New York, United States
Tags Human Capital Management Payroll Services HR Solutions Employee Benefits

What are Paychex's Key Business Metrics & Stats?

No of employees 19000
Founded year 1971
Type public
SAICS CODE 7389
NAICS Code 561499
Industry Human Capital Management
Location Rochester, New York, United States
Subsidiary Company paycor.com
Stock Name PAYX (NASDAQ)
Other website paychex.com
Pricing Strategy Paychex Flex Pro, Paychex Flex Select, Paychex Flex Enterprise, Paychex Flex Express
Paychex PAYX (NASDAQ) Firmographic Snapshot 2026 1971 Founded Year 19000 Global Employees United States Headquarters HumanCapitalManagement Industry Public Type Verified by DexterAgent.ai

How much funding has Paychex raised to date?

Name Description
Latest Valuation (USD)

What are Paychex's Core Products?

Name Description
Payroll Services Efficient payroll processing and tax administration.
Human Resources HR and compliance guidance.
Talent Management Recruiting, hiring, and employee development solutions.
Workforce Planning Time tracking and analytics.
Employee Benefits 401(k) plans, health insurance, and other benefits administration.

What are the latest developments at Paychex?

Date Type Description
January, 2025 acquisition Paychex completed the acquisition of Paycor HCM, Inc. for approximately $4.1 billion.
September, 2025 award Paychex named one of America's Greatest Companies 2025 by Newsweek.

What industry awards and recognitions has Paychex received?

Date Type Description
September, 2025 award Named one of America's Greatest Companies 2025 by Newsweek.
September, 2025 award Recognized among America's Most Admired Workplaces by Newsweek.

Paychex VS ADP VS Gusto VS TriNet : 2026 Comparison

Feature Paychex ADP Gusto TriNet
Core Strengths Payroll Services, Human Resources, Talent Management, Workforce Planning, Employee Benefits ADP Workforce Now, RUN Powered by ADP, ADP Vantage HCM Payroll, Time and Attendance, Employee Benefits, Hiring and Onboarding, HR TriNet PEO, HR Platform, HR Plus
Founded Year 1971 1949 2011 1988
Stock Name/Ticker PAYX (NASDAQ) ADP (NASDAQ) TNET (NYSE)
Type public public private public
Global Employees 19000 67000 4008 3622
Revenue (Annual) $5.6 Billion(2025) $20.6 Billion(2025) $735.5 Million(2024) $4 Billion(2023)
Headquarters Rochester, New York, United States Roseland, New Jersey, United States San Francisco, California, United States Dublin, California, United States
Latest Valuation   $122 Billion $9.5 Billion  
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS ADP 20.6 | 67000 Gusto 735.5 | 4008 TriNet 4 | 3622 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Paychex, Inc.
Cin number
GST number
Registration number

Who is in Paychex's executive leadership team?

Name Designation
CEO John Gibson
CFO Robert Schrader
COO Elizabeth Roaldsen

Where are Paychex's primary office locations?

City Country
Rochester United States
Cincinnati United States
Copenhagen Denmark
Berlin Germany

What are the current business signals and market intelligence for Paychex?

Spending next 3 months Integration of Paycor acquisition, Expansion of AI-driven HR products
Pain points Complex payroll processing, HR compliance challenges, Employee benefits administration
Sales motion Direct sales force
Buyer Persona Small business owners, HR managers
Type of customer Small to medium-sized businesses
Key customer domain smallbusiness.com, mediumbusiness.com
Annual ACV $10,000 - $50,000

What is Paychex's annual revenue history?

Year Revenue (USD)
2025 5.6 Billion

What are Paychex's risk management and compliance ratings?

GDPR RIsk Yes
Privacy Risk Yes
Company Ratings 4
Glassdoor Rating 3.8

What are Paychex's business model and service classifications?

Saas Yes
Offline Stores No
Service Yes
Ecommerce No
Exporter No
Mobile App Yes
Retail No
B2B Yes
B2C No
Manufacturing No
Wholesale No
Importer No
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