Paychex Inc
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Information Technology : IT Services | Large Cap Blend
Company profile

Paychex, Inc. is a provider of integrated human capital management (HCM) solutions for payroll, human resource (HR), retirement and insurance services for small- to medium-sized businesses in the United States. The Company also has operations in Germany. The Company offers services, including Payroll processing, Human Resource Services, and Accounting and Financial Services. As of May 31, 2016, the Company serviced approximately 605,000 payroll clients. It offers a portfolio of HCM services and products that allows its clients to meet their payroll and HR needs. Its payroll-related ancillary services and human resource service (HRS) offerings often leverage the information gathered in the base payroll processing service, allowing it to provide outsourcing services covering the HCM spectrum. The Company, through its HCM software-as-a-service platform, Paychex Flex, provides an integrated product suite that covers the employee life cycle from recruiting and hiring to retirement.

Closing Price
Day's Change
-0.93 (-1.17%)
B/A Size
Day's High
Day's Low
(Heavy Day)

10-day average volume:



6 providers
September 15, 2020
Self Service Technology Provides Instant Access to Pay for Remote Workers

More than 84 percent of employees have instant access to their pay and benefits information no matter where they are currently working, according to results from the 2020 "Getting Paid In America" survey conducted by the American Payroll Association...(PR Newswire)

September 01, 2020
Growth in Hours Worked Contributing to Wage Gains for Employees of Small Businesses

The latest Paychex |IHS Markit Small Business Employment Watch shows that despite hiring remaining flat since its drop-off in April, employees of small business are seeing the benefits of solid wage growth. Hourly earnings growth was steady at 3.28...(PR Newswire)

August 13, 2020
Paychex Flex(R) Wins Lighthouse Research & Advisory HR Tech Award for Best Small and Medium Business Core HR/Workforce Solution

Paychex, Inc., a leading provider of HR, payroll, benefits, and insurance solutions, has earned industry recognition for its cloud-based HR technology application, Paychex Flex(R). The platform was recognized with an HR Tech Award for Best Small and...(PR Newswire)

August 04, 2020
Small Business Employment Rebound Moderates in July

The latest Paychex | IHS Markit Small Business Employment Watch shows that employment growth moderated as new COVID-19 hot spots emerged in the South and West regions of the U.S. The national jobs index slipped 0.24 percent in July to 94.59. Hourly...(PR Newswire)

August 03, 2020
Study: HR Professionals Focus on Strategy, Productivity, and Technology Amid New Challenges

The 2020 Paychex Pulse of HR Survey, released today, found that 88 percent of HR leaders feel they are a strategic partner within their organization, particularly as they play a vital role in navigating new regulatory challenges compounded by the...(PR Newswire)

Paychex Ranks as Largest Provider of 401(k) Recordkeeping Plans for 10th Consecutive Year

For the tenth consecutive year, Paychex, Inc., one of the nation's leading providers in 401(k) recordkeeping services, has earned the distinction of being the retirement industry's leader in total number of 401(k) plans, serving more than 90,000...(PR Newswire)

July 23, 2020
Paychex Enhances PPP Loan Forgiveness Solution to Produce Signature-Ready Application

As businesses across the U.S. continue to adapt to meet the challenges of the COVID-19 pandemic, financial stability and getting back to work remain top of mind. Today, Paychex, Inc., a leading provider of HR, payroll, benefits, and insurance...(PR Newswire)

July 10, 2020
Paychex Named to Selling Power's Annual "50 Best Companies to Sell For" List in 2020

For the eighth consecutive year, Paychex, Inc. has been named to the Selling Power 50 Best Companies to Sell For 2020 list. Each year, the corporate research team at Selling Power magazine assembles and publishes this list, which is now in its 20th...(PR Newswire)

July 09, 2020
Paychex Declares Quarterly Dividend

Today the Board of Directors of Paychex, Inc. (NASDAQ'PAYX) declared a regular quarterly dividend of $.62 per share payable August 27, 2020 to shareholders of record August 3, 2020. About Paychex Paychex, Inc. (NASDAQ:PAYX) is a leading provider of...(BusinessWire)

July 07, 2020
Paychex, Inc. Reports Fourth Quarter and Fiscal 2020 Results

--Fourth Quarter Fiscal 2020 Highlights --(1) Adjusted net income and adjusted diluted earnings per share are not United States ("U.S.") generally accepted accounting principles ("GAAP") measures. Please refer to the "Non-GAAP Financial Measures...(BusinessWire)

July 06, 2020
New Paychex Products Address Evolving Workplace Norms Due to COVID-19

Over the course of the last quarter, Paychex, Inc., a leading provider of HR, payroll, benefits, and insurance solutions, has released several new Paychex Flex(R) features and functions to its customers to address the ongoing business challenges and...(PR Newswire)

June 30, 2020
Biz2Credit to Host Forum with U.S. Senator Susan Collins on PPP Successes and Lessons Learned on Thursday, July 2

Biz2Credit, Paychex, Inc., and today announced that they will co-host an online forum featuring U.S. Senator Susan Collins (R-ME), the co-author of the Paycheck Protection Program (PPP) and a leading advocate in the U.S. Senate for small...(Globe Newswire)

Small Business Reopenings Contribute to Improvements in Hours Worked

The latest Paychex | IHS Markit Small Business Employment Watch shows that employment growth held steady in June, with the jobs index moderating just 0.06 percent to 94.81. However, increases in weekly earnings signify an upward trend as more...(PR Newswire)

June 23, 2020
Paychex, Inc. Schedules Fourth Quarter Fiscal 2020 Earnings Release Conference Call for July 7, 2020

Paychex, Inc. (Nasdaq:PAYX) is scheduled to release financial results for the fiscal 2020 fourth quarter and full year ended May 31, 2020 via Business Wire before the financial markets open on Tuesday, July 7, 2020. (BusinessWire)

June 22, 2020
New Paychex Study Shares Insights on the Impact of the Paycheck Protection Program Flexibility Act

According to new research from Paychex, Inc., a leading provider of human resources, payroll, benefits, and insurance solutions for 670,000 small- and medium-sized businesses, 90 percent of business owners say the Paycheck Protection Program...(PR Newswire)

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