# Paychex

> Paychex is a Rochester, New York-based provider of payroll, human resources, retirement and insurance services for small and medium-sized businesses. Founded in 1971 by Tom Golisano with $3,000, it has grown into a Fortune 500 company that pays roughly 1 in 11 U.S. private-sector workers and now embeds AI across its platforms following its 2025 acquisition of Paycor.

- **Founded:** 1971
- **Headquarters:** Rochester, New York, USA
- **Founders:** B. Thomas Golisano (Founder)
- **Team size:** Approximately 19,000+ employees (pre-Paycor; larger post-acquisition)
- **Products:** Paychex Flex, Paychex PEO / HR Outsourcing, SurePayroll by Paychex, Paycor (Paychex), Retirement Services
- **Notable:** Fortune 500 company (ranked ~681st by revenue)., Pays roughly 1 in 11 U.S. private-sector workers., One of the largest 401(k) recordkeepers in the U.S. by number of plans.

## Products & services

- **Paychex Flex** — Cloud-based platform integrating payroll, HR, time and attendance, and benefits administration for small and mid-sized businesses.
- **Paychex PEO / HR Outsourcing** — Professional employer organization and HR outsourcing that serves millions of worksite employees.
- **SurePayroll by Paychex** — Self-service online payroll aimed at very small businesses and household employers.
- **Paycor (Paychex)** — Mid-market human capital management platform acquired in 2025 to move Paychex up-market.
- **Retirement Services** — 401(k) plan administration and recordkeeping; among the largest 401(k) recordkeepers by number of plans in the U.S.
- **Paychex Insurance Agency** — Business insurance including workers' compensation, health and benefits coverage.
- **WISE AI Platform** — AI intelligence layer spanning Paychex Flex, Paycor and SurePayroll, with agents, embedded intelligence and personal assistants.

## Achievements

- Fortune 500 company (ranked ~681st by revenue).
- Pays roughly 1 in 11 U.S. private-sector workers.
- One of the largest 401(k) recordkeepers in the U.S. by number of plans.
- Repeatedly named to Ethisphere's World's Most Ethical Companies list.
- Grew from $3,000 in startup capital to over $6.5B in annual revenue.
- Completed the $4.1B acquisition of Paycor in 2025.

## Latest updates

- **2026-06** — Reported full-year fiscal 2026 revenue of $6.51B, up ~17%, with Q4 revenue of $1.61B and adjusted EPS of $1.32.
- **2026-05** — Launched the WISE AI platform for an agentic digital workforce, spanning Paychex Flex, Paycor and SurePayroll with 600+ AI-powered features.
- **2026-06** — Issued fiscal 2027 outlook of 5-6% total revenue growth and 7-9% adjusted EPS growth.
- **2025-04** — Closed the ~$4.1B acquisition of Paycor HCM, expanding into the mid-market HCM segment.

## Links

- Website: https://www.paychex.com
- LinkedIn: https://www.linkedin.com/company/paychex
- Twitter/X: https://x.com/Paychex
- YouTube: https://www.youtube.com/user/Paychex
- Instagram: https://www.instagram.com/paychexinc/
- Facebook: https://www.facebook.com/Paychex/

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Profile page: https://yespress.io/paychex
Published by YesPress — https://yespress.io
Last updated: 2026-07-16