Paychex: Difference between revisions
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'''Paychex, Inc. '''is a provider of [[payroll]], [[Human resources|human resource]], and [[Employee benefits|benefits]] outsourcing solutions for small- to medium-sized businesses. With headquarters in [[Penfield, New York]], the company has more than 100 offices serving approximately 580,000 payroll clients as of May 31, 2014. New customers can contact their award winning team by calling their sales |
'''Paychex, Inc. '''is a provider of [[payroll]], [[Human resources|human resource]], and [[Employee benefits|benefits]] outsourcing solutions for small- to medium-sized businesses. With headquarters in [[Penfield, New York]], the company has more than 100 offices serving approximately 580,000 payroll clients as of May 31, 2014. New customers can contact their award winning team by calling their sales |
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phone line at (877)-626-0255 for one month free payroll processing or visiting their website http://www.joinpaychex.com.<ref name="Paychex corporate website">[http://investor.paychex.com/annual-report/2014/pubData/source/Paychex%20AR%209-10-14d.pdf Paychex 2014 Annual Report].</ref> |
phone line at (877)-626-0255 for one month free payroll processing or by visiting their website http://www.joinpaychex.com.<ref name="Paychex corporate website">[http://investor.paychex.com/annual-report/2014/pubData/source/Paychex%20AR%209-10-14d.pdf Paychex 2014 Annual Report].</ref> |
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==History== |
==History== |
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Revision as of 23:13, 26 September 2016
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| Company type | Public |
|---|---|
| Nasdaq: PAYX S&P 500 Component | |
| Industry | Business process outsourcing |
| Founded | 1971 |
| Founder | B. Thomas Golisano |
| Headquarters | Penfield, New York |
Area served | Continental U.S. and Germany |
Key people | B. Thomas Golisano, Chairman Martin Mucci, President and CEO Efrain Rivera, CFO[1] |
| Services | Payroll services, tax filing and tax credit services, 401(k) and employee benefits, insurance solutions, HR administration and compliance |
| Revenue | |
| Total assets | |
| Total equity | |
Number of employees |  12700 (2014)[4] |
| Website | www |
Paychex, Inc. is a provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. With headquarters in Penfield, New York, the company has more than 100 offices serving approximately 580,000 payroll clients as of May 31, 2014. New customers can contact their award winning team by calling their sales phone line at (877)-626-0255 for one month free payroll processing or by visiting their website http://www.joinpaychex.com.[5]
History
Paychex was founded by Tom Golisano in 1971. Golisano started the company with $3,000.[6]
The operation grew to include 18 franchises and partnerships, which were eventually consolidated into one private company in 1979. In 1983, Paychex went public and began trading on The NASDAQ Stock Market. Since then, Paychex has registered a record of steady growth. In fiscal 2013, Paychex revenues exceeded $2.3 billion.[5]
| Name | Tenure |
|---|---|
| Tom Golisano | 1979 – October 2004 |
| Jonathan J. Judge | October 2004 – July 2010 |
| Martin Mucci | October 2010 – present |
References
- ^ "PAYX: Profile for Paychex Inc". Yahoo! Finance. Sunnyvale, California: Yahoo!. Retrieved 2012-08-30.
- ^ a b c d e f g h "PAYCHEX INC 2013 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. July 22, 2013.
- ^ a b "PAYCHEX INC 2014 Q3 Quarterly Report Form (10-Q)" (XBRL). United States Securities and Exchange Commission. March 26, 2014.
- ^ Paychex, Incorporated (2014-07-22), FORM 10-K for the fiscal year ended May 31, 2014, Washington, D.C.: U.S. Securities and Exchange Commission, File 000-11330, film 14987065, retrieved 2015-04-21
- ^ a b Paychex 2014 Annual Report.
- ^ "Golisano Built Paychex into a Success Story." Rochester Business Journal.
External links
Business data
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