Paychex, Inc.

Paychex, Inc. is an American company that provides integrated human capital management (HCM) solutions, including human resources, payroll, and employee benefits outsourcing services. Founded in 1971 by B. Thomas Golisano, the company is headquartered in Rochester, New York, specifically at 911 Panorama Trail S. Its mission is to simplify and deliver human capital management solutions that help small and midsized businesses thrive, aiming to be a leading provider and essential partner for businesses.

Paychex offers a comprehensive suite of products and services delivered primarily through its cloud-based platform, Paychex Flex. These offerings include payroll processing, HR services and consulting, time and attendance tracking, employee benefits administration (such as 401(k) and health insurance), full-service Professional Employer Organization (PEO) solutions, and business insurance. The company primarily targets small to medium-sized businesses (SMBs) with 1 to 1,000 employees, with a significant client base among smaller firms (1-49 employees) and a growing presence in the mid-market segment and PEO clients.

John Gibson serves as the President and CEO, having assumed the role in October 2022. Paychex continues to innovate, with recent advancements including new AI-driven workforce management solutions unveiled in February 2026. The company reported strong financial results for Q2 fiscal year 2026 (ending November 2025), with revenue increasing 18% year-over-year, partly driven by the acquisition and integration of Paycor. Paychex has also raised its adjusted EPS growth outlook for fiscal 2026 to 10-11% and was recognized with two 2026 Lighthouse Tech Awards for its platforms. The company serves approximately 800,000 payroll clients across the U.S. and Europe, processing pay for 1 in 11 U.S. private sector workers.