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  September 5, 2001
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Home > Company Index > Diversified Services > Miscellaneous Business Services > Paychex, Inc.

Paychex, Inc.
Nasdaq: PAYX
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 NEWS FROM THE WIRES
RPT-Fund tracker Morningstar says it now rates stocks
Aug 08 2001 01:40 PM PDT

Fund tracker Morningstar says it now rates stocks
Aug 08 2001 01:30 PM PDT

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 NEWS FROM THE STANDARD
When Goldman Quits on Tech, Can Capitulation Be Far Behind?
Mar 01 2001 12:49 PM PST

HR Outsourcerers
May 01 2000 12:00 AM PDT

 PROFILE
If Johnny Paycheck had founded Paychex, his song might have been, "Take This Job and . . . Let Us Do Your Payroll." The company processes the payrolls of more than 350,000 clients, making it the second-largest payroll accounting firm in the US after Automatic Data Processing. Paychex also provides automatic tax payment, direct deposit, and digital check-signing services. Its Human Resource Services-Professional Employer Organization unit offers services ranging from 401(k) record-keeping and employee handbooks to group insurance management. Paychex focuses on small and midsized businesses (ones with fewer than 100 employees). Founder Thomas Golisano owns about 11% of the company.

 COMPETITION
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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: May
2001 Sales (mil.): 869.90
1-Yr. Sales Growth: 19.5%
Employees: 6,200
Revenue per employee: $140,306.45

 KEY PEOPLE
• B. Thomas Golisano
    CEO
• John M. Morphy
    CFO

 CONTACT INFO
911 Panorama Trail South
Rochester, NY 14625
US
Phone: 716-385-6666
Fax: 716-383-3428
Online: Web Site

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