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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 ]
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On June 12, 2013, Gusto announced support for paying contract workers, including making sure of tax compliance (by filing the relevant Form 1099 and other paperwork). This was touted by some technology writers as giving the company an advantage over competitors such as ADP and Paychex , whose payroll software was claimed to lack the flexibility ...
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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In May 1990, at age 28, Coughlin founded Paycor, Inc. to provide payroll services to the Cincinnati market. [2] Upon Coughlin's retirement in 2019, Paycor served 30,000 clients and had 1,700 employees. [3] Coughlin remained as chairman until fully retiring in 2020. On January 7, 2025, Paychex, Inc. announced a deal to acquire Paycor for $4.1 ...
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