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Paychex, Inc. history, profile and corporate video

Paychex, Inc. provides payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses. The company offers payroll processing, payroll tax administration services, employee payment services, regulatory compliance services, Paychex HR Solutions, retirement services administration, insurance services, and eServices and other human resource services and products. It also provides comprehensive outsourcing services that allow employers to expand their employee benefits offerings at an affordable cost. It also offers a variety of business insurance products, including group health and workers’ compensation through Paychex Insurance Agency, Inc. Paychex was founded by Blase Thomas Golisano in 1971 and is headquartered in Rochester, NY.

“Paychex History

Paychex was founded by Tom Golisano in 1971. Golisano started the company with $3,000.

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.

*Information from Forbes.com and Wikipedia.org

**Video published on YouTube by “Paychex