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Paychex, Inc. is an American company that provides human resources, payroll, and employee benefits outsourcing services for small- to medium-sized businesses. [1] Founded in 1971 and headquartered in Rochester, New York , the company has more than 100 offices serving approximately 740,000 payroll clients in the U.S. and Europe. [ 1 ]
Paychex will pay $22.50 for each Paycor share, representing about a 21.4% premium to the stock's last close on Friday, before the news was reported. "The acquisition of Paycor is highly complementary.
Gusto, Inc. is a company that provides payroll, benefits, and human resource management software for businesses based in the United States.Gusto handles payments to employees and contractors and also handles paperwork necessary to help client companies comply with tax, labor, and immigration laws.
The company was founded as Ameripay Payroll Ltd. by Steve Sarowitz in 1997. [3] It was renamed Paylocity in December 2005. [ 3 ] [ 4 ] It relocated from Franklin Park, Illinois to Elk Grove Village , and later to Arlington Heights .
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Dayforce, formerly Ceridian, [3] is a descendant of Control Data Corporation (CDC). In 1992, Ceridian Corporation was founded as an information services company from the restructuring of CDC, a computer services and manufacturing company founded in 1957.
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