Caring for Our Employees
Our employees power our business through their deep commitment to their clients, colleagues, and communities. Every day, they work to create a world where people are the most important part of every business. Through a spirit of partnership and innovation, they work together to deliver solutions that make business simple for our customers. And they do it all with a passion for service, respect, and integrity. In return, we proudly support our employees with an unwavering commitment to well-being, diverse professional growth opportunities, a strong corporate community, and a workplace culture where everyone can feel that they belong.
Robust Benefits
Paychex is committed to offering our employees with a comprehensive and competitive benefit package to help keep our employees well and manage life’s twists and turns. In the U.S., benefits and well-being programs include medical/Rx, dental, vision, telemedicine, short- and long-term disability, Employee Assistance Program (EAP), paid family leave, transgender inclusive benefits, stress management, mindfulness training, resiliency training, and programs for weight loss and vaping and tobacco cessation.
Financial Well-Being
To support the financial security of our employees, we regularly review salaries to ensure we’re staying competitive in the industry, and offer financial benefits to full-and part-time employees:
- 401(k) with a company match
- Employee stock purchase plan
- Health Savings Account (HSA)
- Scholarships for children of employees
- Personal financial education and coaching
- No-fee banking
- Tuition assistance
Approach to Benefits
Paychex benefit and well-being programs are designed to help us achieve our strategic objectives by:
- Maintaining programs that are affordable for employees and the company.
- Meeting the changing needs of a diverse workforce.
- Ensuring our programs make a positive difference in attracting, retaining, and engaging our workforce.
We also strive to provide comprehensive benefits at our international locations. In Germany, most benefits are determined by the government, and we offer a supplemental defined contribution pension program to full- and part-time employees. In Denmark, most benefits are also socialized. In India, while benefits like health and dental insurance aren’t typically required by law, Paychex employees and their dependents are eligible for coverage under the Paychex plan, with the company covering 50% of the total premium.
World Class Training
Throughout our Company’s more than 50-year history, we’ve been committed to providing our employees with the training needed to excel at their jobs. From functional training for payroll specialists and sales roles, to personal and professional development, to leadership development programs, our world-class training has earned us recognition.
Training Apex Award 2024
Paychex ranked among the Top Five for the 2024 Training Apex Awards, marking the company’s 22nd consecutive appearance on the list presented by Training magazine. The qualitative and quantitative assessment found that Paychex demonstrated peak performance in innovation and financial investment in employee training and development and organizational success.
The Right Way Training
The Right Way Training includes modules on Ethics, and Security and Internal Controls. The annual training is scenario-based eLearning that puts the learner in the driver’s seat to identify and troubleshoot realistic scenarios that are customized based on sales or non-sales, and manager or individual contributor job roles. The training is completed by all employees including full-time, part-time and contract employees. Throughout the training program, the learner is provided with information on company policies: both within the training content itself, as well as in a downloadable PDF, with links to the site where all policies are located. The learner is recommended to reference the links to obtain the most current policy information. The training also calls out the Paychex values associated with each area.
Security and Internal Controls Module of the Right Way Training
In the Security and Internal Controls section, learners dive deep into data security issues, including identifying and reporting security incidents, as well as the dangers of phishing emails and business email compromise (BEC). There are also specialized security modules assigned to employees with specific functions, such as privileged user access, the handling of PHI, and even executive-level security training that are assigned in addition to the general security topics that address areas of security risk to the company. In addition, employees recognize the importance of identifying protected information including:
- HIPAA (Health Insurance Portability and Accountability Act)
- HITECH (Health Information Technology for Economic and Clinical Health Act)
- PHI (Protected Health Information)
- NACHA (National Automated Clearing House Association)
- PII (Personally Identifiable Information)
- PCI (Payment Card Information)
Ethics Module of the Right Way Training
In the Ethics section, learners explore scenarios and policy-specific details related to anticorruption, conflict of interest, time reporting, and expense reimbursement. There is also a sales-specific scenario related to sales policies and procedures that are viewed by sales and sales support employees. As the learner is involved in making decisions based on the scenarios presented, they are also being provided feedback on when and how to use the Problem-Solving Policy. The Paychex Problem-Solving Policy outlines the steps employees follow to bring problems, concerns, or suggestions to management’s attention. There is an employee acknowledgment required for the Paychex Business Code of Ethics and Conduct and Conflict of Interest as well as resources for reporting unethical issues or concerns.
Policies Referenced in the Right Way Training
Policies referenced in the Right Way Training modules, which include a link to the policy and require employees to acknowledge that they have received, reviewed, and understand the policy:
- Paychex Code of Business Ethics and Conduct
- Conflict of Interest
- Problem-Solving Policy
- Anti-corruption
- Human Rights Policy
Policies referenced in the Right Way Training with a link to the policy included:
- HR4U site which includes many company policies
- Conflict of Interest
Policies referenced in the Right Way Training with no link included:
- Sales Policies—Market Segmentation
- Time reporting Policy
Policy Content from these policies are referenced, however the policies are not listed within the training:
- Public Security Statement
- Personal Named User Accounts
- Personal Named User Accounts—Passwords
Workplace Non-Harassment Training
The Workplace Non-Harassment training provides learners with the essentials for understanding, preventing, and responding to harassment. Learners are guided on how to identify the different types of harassment (verbal, physical, sexual, and visual), as well as protected characteristics and respect for others. Topics covered include key definitions of Retaliation, Discrimination, and a Hostile Work Environment as they relate to protected characteristics. It includes behaviors to look out for, best practices for respectful interactions, and the importance of speaking up. The training also references key federal and state law information about harassment, reporting options, legal protections, and external remedies available to employees. The learner views multiple scenarios and is reminded how to use the Paychex Problem-Solving Policy. In addition, they view the Paychex Non-Harassment and Sexual Harassment Prevention policies. The Paychex Problem-Solving Policy outlines the steps employees follow to bring problems, concerns, or suggestions to management’s attention. The training also includes descriptions of Diversity, Inclusion, and Equity.
Performance Review
Performance Review is conducted annually using a formal online process that allows for collaborative reflection of the fiscal year performance, celebrating and highlighting achievements and opportunities for growth. Paychex refers to it as the Performance Enablement Process. It is an approach that leverages ongoing performance discussions and actions throughout the fiscal year. It is about enabling collaborative and business-driven performance discussions and actions while living out our values, recognizing achievements, and making an impact.
Career Counseling
Finding and retaining top talent is a priority and a key component of our company strategic plan. In this current economic environment of low unemployment and “war for talent”, it’s critical we have career path opportunities for our talent and ensure our employees know we value and encourage their development. Employees are looking for what’s next in their career and promoting career development plans and providing opportunities for upward movement makes the difference in our employees’ perception of career development. We are leveraging a new talent management program that helps us track and promote career mobility across the organization.
Paychex has implemented a cloud-based talent management platform that helps organizations attract, engage, hire, onboard, and advance top talent. The tool utilizes internal and external portals to find and connect candidates with Paychex. In addition, our new internal career site allows employees to create job searches based on preferences. When a new opportunity becomes available, employees are notified via email.
Leadership Development
Paychex leadership development solutions align to experiences and competencies determined by executive leadership that are critical to delivering current and future outcomes and improving our leadership bench strength. Our Leadership Competency Model focuses on developing leadership behaviors and modern skillsets required to drive and achieve our company objective to build and retain an engaged and high-performing team.
Our programs consider the aspiring leader, the new leader, the front-line leader, the top talent leaders, and the established leader. In addition to our development programs, leaders can find training and resources easily and self-select their learning needs from a central webpage, to build and maintain career development plans. The site also offers a library of dynamically updated online resources (courses, books, videos, summaries, etc.) on a broad spectrum of topics.
Non-Discrimination Policies & Practices
Paychex is committed to a work environment in which all individuals are treated with respect and dignity. Each employee has the right to work in a professional atmosphere that promotes equal employment opportunities and prohibits unlawful discriminatory practices, including harassment. Therefore, Paychex expects that all relationships among persons in the office will be business-like and free of bias, prejudice, and harassment.
Paychex has developed this policy to ensure that all its employees can work in an environment free from unlawful harassment, discrimination, and retaliation. Paychex makes every reasonable effort to ensure that all concerned are familiar with these policies and are aware that any complaint in violation of such policies will be investigated and resolved appropriately.
Any employee who has questions or concerns about these policies is encouraged to talk with a member of their leadership team and/or human resources. These policies should not, and may not, be used as a basis for excluding or separating individuals of a particular gender, or any other protected characteristic, from participating in business or work-related social activities or discussions. In other words, no one should make the mistake of engaging in discrimination or exclusion to avoid allegations of harassment. The law and the policies of Paychex prohibit disparate treatment on the basis of sex or any other protected characteristic, with regard to terms, conditions, privileges, and perquisites of employment. The prohibitions against harassment, discrimination, and retaliation are intended to complement and further those policies, not to form the basis of an exception to them.
Non-discrimination Policy Components
Harassment
Harassment on the basis of any protected characteristic is strictly prohibited. Under this policy, harassment is verbal, written, or physical conduct that denigrates or shows hostility or aversion toward an individual because of his or her race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, marital status, citizenship, genetic information, or any other characteristic protected by law, or that of his or her relatives, friends, or associates, and that: a) has the purpose or effect of creating an intimidating, hostile, or offensive work environment, b) has the purpose or effect of unreasonably interfering with an individual’s work performance, or c) otherwise adversely affects an individual’s employment opportunities. Harassing conduct includes epithets, slurs, or negative stereotyping; threatening, intimidating, or hostile acts; denigrating jokes; and written or graphic material that denigrates or shows hostility or aversion toward an individual or group that is placed on walls or elsewhere on the employer’s premises or circulated in the workplace, on company time, or using company equipment by email, phone (including voice messages), text messages, social networking sites, or other means.
Retaliation
Paychex encourages reporting of all perceived incidents of discrimination or harassment. It is the policy of Paychex to investigate such reports promptly and thoroughly. Paychex prohibits retaliation against any individual who reports discrimination or harassment or participates in an investigation of such reports.
Reporting an Incident of Harassment, Discrimination, or Retaliation
Paychex encourages reporting of all perceived incidents of discrimination, harassment, or retaliation, regardless of the offender’s identity or position. Individuals who believe that they have been the victim of such conduct should discuss their concerns with their immediate supervisor or human resources. In addition, Paychex encourages individuals who believe they are being subjected to such conduct to promptly advise the offender that his or her behavior is unwelcome and to request that it be discontinued. Often this action alone will resolve the problem. Paychex recognizes, however, that an individual may prefer to pursue the matter through the Problem-Solving Policy.
Equity Policies
Equal Employment Opportunity
It is the policy of Paychex to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, citizenship, national origin, genetic information, or any other characteristic protected by law. Paychex prohibits any such discrimination or harassment.
Pay Equity
Paychex continues its commitment to ensuring pay equity for all employees.
Emotional Well-being
Through the Paychex Employee Assistance Program (EAP), Paychex employees (along with their spouse and immediate family members) can get help through the whole continuum of behavioral health–related needs, including social determinants, managing stress, dealing with claims issues, finding providers, getting connected with digital tools, finding in-network facility options, and getting connected to clinical support if and when members need a higher level of care. All employees in our offices in the U.S. and India have access to the EAP. We also partner with the Give an Hour campaign. The goal of Give an Hour is to change the culture of mental health so that all of those in need receive the care and support they deserve.
Treatment of mental health disorders by behavioral healthcare providers is covered by the healthcare insurance plans offered to Paychex employees.
Leadership and Emotional Well-Being Learning Series
Leaders at Paychex have access to this three-part training designed to help them support their employees as well as their own emotional well-being. Specifically, the training provides:
- Ways to recognize the signs of emotional discomfort and distress
- Practice scenarios for planning quality employee discussions
- Questions that can be incorporated into 1:1 or team meetings to allow leaders to appropriately check in with their employees
Helping Employees Achieve All Dimensions of Well Being
The Paychex voluntary well-being program supports employees for making their health a priority and addresses the environmental and cultural factors that influence all dimensions of well-being, including physical, emotional, financial, community, and career.
Paychex takes every opportunity to cross-promote programs by creating partnerships with leaders and informal leaders (such as our pool of volunteer wellness champions) across the organization and leveraging communication vehicles such as email, newsletters, social media, home mailers, and mobile applications.
The Paychex Voluntary Well-Being Program Includes:
- Ergonomics
- Financial well-being
- Financial workplace consulting
- Socially based, multi-week wellness challenges
- Subsidized wearable devices
- Workforce engagement, productivity, motivation, and satisfaction
- Flu shots
- Health coaching
- Best-in-class vaping and tobacco cessation options
- Full coverage of annual routine screening exams built into medical plans
- Virtual meditation and yoga classes
- Treadmill workstations
- Blood pressure kiosks
- Wondr Health weight-loss program
- Healthy, delicious, favorably priced food in company cafeterias and vending machines
- Mindfulness-based stress-reduction programs
Protecting Employees’ Personal Health Information
The Paychex employee wellness program is a voluntary program available to all full-time employees. Part-time employees, employee spouses, and dependents are eligible to participate in some aspects of the program. The program is administered according to federal rules permitting employer sponsored wellness programs that seek to improve employee health or prevent disease. Paychex is required by law to assure the privacy and security of our workers’ personally identifiable health information. Paychex does not collect or receive personally identifiable health information through the wellness program. Paychex may receive aggregate information about the wellness program in order to enhance the program based on identified health risks in the workplace, and third-party vendors contracted by Paychex will never disclose any worker's personally identifiable health information either publicly or to Paychex. Employees’ health information is not sold, exchanged, transferred, or otherwise disclosed. Any third-party representative who handles employee information for purposes of providing employee services as part of the wellness program must abide by the same confidentiality requirements. Employees will not be discriminated against in employment because of the medical information they provide as part of participating in the wellness program, nor may the employees be subjected to retaliation if they choose not to participate.
Taking Time to Take Care
Paychex offers employees paid time off during the work day for activities that promote well-being, community involvement, physical activity, and mindfulness.
Community Involvement
Time is given to employees for the express purpose of volunteering for a charitable organization in their community. Volunteer activity may be done individually or as part of a group, within or outside of Paychex.
Self-Directed Coaching
Individualized online coaching based on health risk or personal interest. All employees are given 10–60 minutes as needed, with their manager’s approval.
Telephonic Coaching
One-on-one session on a single behavioral intervention (such as vaping and tobacco cessation support) that addresses health risks. All employees are given 10–60 minutes as needed, with their manager’s approval.
Mindfulness and Yoga
All employees are given 10–60 minutes as needed to practice with a live instructor with their manager’s approval.
On-site Flu Clinics
A convenient way for employees to receive vaccines administered by licensed medical professionals.
Stress Management and Resilience Training
Individual resilience training through meQuilibrium with 10- to 30-minute sessions to learn how to better respond to moments of change or transformation.
Developing a Resilient Workforce
Through a partnership with meQuilibrium, Paychex delivers a scientifically proven system of training, content, analytics and services, proven to develop resilience throughout our workforce.
