Paychex Employees 2024

Paychex Employees

15,800

Paychex Dividend yield

Ticker

PAYX

ISIN

US7043261079

WKN

868284

In 2024, Paychex employed 15,800 people, a 0% change from the 15,800 number of employees in the previous year.

Paychex Aktienanalyse

What does Paychex do?

Paychex Inc is a leading provider of payroll and HR services for small, medium, and large businesses in America. The company was founded in 1971 by Tom Golisano in Rochester, New York. Originally called Payroll and Accounting Services, Inc., the name was later changed to Paychex Inc. Paychex Inc offers a wide range of services focused on managing employee data, payroll processing, associated tax payments, and employee administration. The company's goal is to help businesses and entrepreneurs take care of their operations by taking on numerous other responsibilities. Today, Paychex Inc is a publicly traded company listed on the NASDAQ stock exchange. The company is headquartered in Rochester, New York and has over 100 offices across the United States. Paychex Inc employs around 16,000 employees who specialize in various areas to provide these services. Paychex specializes in managing employee data and payroll processing. The core services include: 1. Payroll: Paychex offers services to assist companies in creating, processing, and issuing payroll to their employees. Payroll also includes tax payments, withholding taxes, and reserves in accordance with federal and state regulations. 2. HR Administration: Paychex offers various HR administration services to help businesses organize their workforce structure. This includes services such as employee data recordkeeping, timekeeping, and scheduling. 3. Compliance: Compliance with employee regulations and legal requirements is important to avoid wage disputes and legal issues. Paychex supports companies with a variety of compliance services, including tax compliance services, labor standards, insurance, and performance evaluations. 4. Retirement Planning: Paychex offers assistance to companies in planning and developing retirement plans. This includes services such as setting up retirement plans, managing contribution plans, and complying with tax regulations. Paychex Inc also offers a range of specialty services to meet specific business requirements. These services may include: 5. Accounting: Paychex supports businesses in creating and managing business books and complying with tax regulations. 6. Payment Processing: Businesses can take advantage of Paychex's payment processing services, which include processing payments to vendors as well as managing payments to customers and creditors. 7. Benefits Administration: Paychex provides support in setting up and managing employee benefit programs and plans. 8. Human Resources: Paychex offers specialized HR services such as hiring consulting, employee development and training, and employee reviews. These services are designed to help businesses focus on their core operations while outsourcing the management of payroll and HR. By outsourcing these tasks, businesses can save time and resources and focus on growing their operations. In summary, Paychex Inc is a company that offers services for managing employee data, payroll processing, compliance, retirement planning, and specialty services. These services aim to help businesses focus on their core operations by outsourcing the management of payroll and HR. This saves businesses time and resources and allows them to concentrate on further growing their business productivity Paychex ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Paychex revenue by segment

In the annual report of the Paychex share (US7043261079, 868284, PAYX), it breaks down its revenues into 3 segments: 1. Managements Solutions, 2. Professional Employer Organization & Insurance Solutions, 3. Interest on Funds Held for Clients. The Paychex stock (WKN: 868284, ISIN: US7043261079, Ticker Symbol: PAYX) is a leading investment for investors interested in participating in the Information Technology sector.

Employees Details

Examining Paychex's Employee Base

Paychex's employees are a pivotal aspect of its operations, driving innovation, productivity, and growth. The size and composition of the workforce offer insights into the company's scale, diversity, and investment in human capital. Analyzing employee trends and data is essential for understanding Paychex's operational capacity and future potential.

Year-to-Year Comparison

Assessing Paychex's employee numbers year-over-year helps in identifying growth patterns, expansions, or contractions. An increasing employee count can indicate scaling operations and investment in talent, while a decrease may signal efficiency improvements, automation, or business challenges.

Impact on Investments

Paychex's employee data impacts investment decisions by shedding light on the company’s operational efficiency, innovation capability, and sustainability. Investors assess workforce data to gauge the firm's potential to execute strategies, innovate, and adapt to market changes effectively.

Interpreting Employee Trends

Fluctuations in Paychex’s employee numbers indicate changes in business strategy, operational demands, and market dynamics. Investors and analysts scrutinize these trends to evaluate the company’s strategic positioning, adaptability, and potential for sustainable growth.

Frequently Asked Questions about Paychex Stock

How many employees does Paychex have this year?

Paychex has 15,800 undefined employees this year.

How many employees did Paychex have compared to the previous year?

Compared to the previous year, Paychex had 0% more employees.

What impact did the number of employees have on the company Paychex?

The number of employees has a direct impact on the efficiency and productivity of Paychex. A higher number of employees can indicate that the company is growing and has more resources to achieve its goals, while a lower number of employees may suggest that the company is saving costs or facing difficulties in recruiting new employees.

What impact did the number of employees have on investors of Paychex?

The number of employees can also have an impact on investors of Paychex, as it can be an indicator of the company's growth and financial health. A higher number of employees can promise investors, while a lower number of employees may raise concerns.

How does an increase in equity capital of Paychex affect the company?

An increase in equity of Paychex can improve the financial strength of the company and increase its ability to make future investments and fulfill obligations.

How does a reduction in Paychex's equity affect the company?

A reduction in equity of Paychex can impair its financial stability and decrease its ability to fulfill future investments and obligations.

What are some factors that influence the equity of Paychex?

Some factors that can influence the equity of Paychex include, among others, revenue development, profit and loss statement, dividend payments, and investments.

Why is the equity of Paychex so important for investors?

The equity of Paychex is important for investors as it is an indicator of the company's financial stability and provides investors with information on the amount of financial backing the company has in terms of obligations and future investments.

How does the number of employees at Paychex influence the company?

The number of employees at Paychex can directly impact the growth and performance of the company. A higher number of employees can lead to increased capacity and productivity, while a lower number of employees may result in reduced efficiency and limitations.

How has the number of employees at Paychex evolved in recent years?

In recent years, the number of employees at Paychex has changed by 0.

How many employees does Paychex currently have?

Paychex currently has 15,800 undefined employees.

Why is the number of employees important for investors of Paychex?

The number of employees is important for investors of Paychex as it is an indicator of the growth potential and performance of the company. It also provides information on how the company is able to manage and recruit its workforce.

What strategic measures can Paychex take to change the number of employees?

To change the number of employees, Paychex can take various measures such as adjusting compensation packages, improving working conditions, conducting recruitment campaigns, and promoting a positive corporate culture. It is important for the company to conduct a thorough assessment of its situation to determine the best strategic actions to change its number of employees.

How much dividend does Paychex pay?

Over the past 12 months, Paychex paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Paychex is expected to pay a dividend of 3.76 USD.

What is the dividend yield of Paychex?

The current dividend yield of Paychex is .

When does Paychex pay dividends?

Paychex pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Paychex?

Paychex paid dividends every year for the past 27 years.

What is the dividend of Paychex?

For the upcoming 12 months, dividends amounting to 3.76 USD are expected. This corresponds to a dividend yield of 3.1 %.

In which sector is Paychex located?

Paychex is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Paychex kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Paychex from 5/30/2024 amounting to 0.98 USD, you needed to have the stock in your portfolio before the ex-date on 5/9/2024.

When did Paychex pay the last dividend?

The last dividend was paid out on 5/30/2024.

What was the dividend of Paychex in the year 2023?

In the year 2023, Paychex distributed 3.03 USD as dividends.

In which currency does Paychex pay out the dividend?

The dividends of Paychex are distributed in USD.

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Andere Kennzahlen von Paychex

Our stock analysis for Paychex Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Paychex Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.