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Sunday, October 12, 2008, 5:23PM ET - U.S. Markets Closed. Dow Down 1.49% Nasdaq Up 0.27%
Paychex Inc. (PAYX)On Oct 10: 28.34  Up 0.88 (3.20%)  
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Paychex Inc.
911 Panorama Trail South
Rochester, NY 14625-0397
United States - Map
Phone: 585-385-6666
Fax: 585-383-3428
Web Site: http://www.paychex.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Nasdaq 100
Sector:Services
Industry:Staffing & Outsourcing Services
Full Time Employees:12,500

BUSINESS SUMMARY 
Paychex, Inc., together with its subsidiaries, provides payroll, and integrated human resource and employee benefits outsourcing solutions for small- to medium-sized businesses in the United States. It offers payroll processing services, which include the calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients’ payroll obligations. The company also provides payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing services. Its human resource outsourcing services include payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative. In addition, the company offers retirement services administration; workers’ compensation insurance services; health and benefits services; time and attendance solutions; and other human resource services and products. It also operates a professional employer organization. As of May 31, 2008, the company served approximately 572,000 clients in the United States; and 1,200 clients in Germany. Paychex was founded in 1971 and is headquartered in Rochester, New York.
Key Statistics

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    CORPORATE GOVERNANCE 
    Paychex Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Oct-08 is better than 74.2% of S&P 500 companies and 98.4% of Software & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. B. Thomas Golisano , 66
    Founder, Chairman and Member of Exec. Committee
    N/A N/A
    Mr. Jonathan J. Judge , 54
    Chief Exec. Officer, Pres, Director and Chairman of Exec. Committee
    N/A N/A
    Mr. John M. Morphy , 60
    Chief Financial Officer, Principal Accounting Officer, Sr. VP and Sec.
    $ 708.00K $ 333.00K
    Mr. Martin Mucci , 48
    Sr. VP of Operations
    $ 684.00K $ 374.00K
    Mr. Walter Turek , 56
    Sr. VP of Sales and Marketing
    $ 652.00K $ 1.48M
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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