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Paychex Company Overview
Paychex, Inc. is a public human capital management (HCM) company founded in 1971 and headquartered in Rochester, New York. It provides payroll processing, human resources, benefits administration, insurance, time tracking, retirement, and related services primarily to small and medium-sized businesses in the United States and Europe. The company serves approximately 745,000 to 800,000 payroll clients via more than 100 offices, employing around 16,500 individuals. Over its history, Paychex has grown through strategic acquisitions—including Oasis Outsourcing and Paycor—and continues to expand its service suite aligned with changing workforce demands. In recent years, Paychex has maintained steady financial performance, with quarterly revenue growth and profit expectations for fiscal 2025 remaining in the mid-single-digit range. It is a component of both the Nasdaq-100 and S&P 500 indices.