ROCHESTER, N.Y., Aug. 22, 2017 /PRNewswire/ -- Paychex, Inc.,
a leading provider of integrated human capital management solutions
for small- to medium-sized businesses, today announced the addition
of 625 new jobs over the next five years and the creation of a
multi-building campus in Rochester, New
York in support of the company's growth in its human capital
management (HCM) product offerings and technology-enabled
service.
"Paychex is growing, and this investment in our products,
people, and technology reflects our commitment to continuing our
track record of growth," says Martin Mucci, Paychex president and
CEO. "As we expand our human capital management product set
and our investment in technology, we will also expand our
workforce, giving more talented people an opportunity to join
Paychex and be part of our growth."
As part of the project, Paychex will purchase five buildings and
renovate more than 300,000 square feet of existing space in the
Rochester, New York suburb of
Henrietta. The five parcels are in addition to six locations
Paychex currently owns in the Rochester area, including the company's
headquarters. When completed, more than 2,000 of the 5,000
Rochester-based Paychex employees
will work at the new campus, including the 625 who will be added as
part of the project.
New York Governor Andrew M. Cuomo today joined Paychex's president
and CEO, and hundreds of Paychex employees and invited guests, to
announce the project. To encourage Paychex to create the new jobs
and campus in Rochester, New
York's Empire State Development organization offered up to
$14 million in incentives related to
job creation and renovation expenses. The total cost of the
project is approximately $60
million.
"This project will help ensure Paychex remains a major economic
driver for Monroe County and the
surrounding communities and provides quality jobs for hard-working
New Yorkers throughout the region," Governor Cuomo said. "By
supporting the company's expansion and growth in the Finger Lakes,
we will help create hundreds of job opportunities and continue
moving the region forward."
The new positions added over the next five years will largely be
in the areas of technology, product development, and sales. Paychex
currently employs approximately 14,000 people companywide.
About Paychex
Paychex, Inc. (NASDAQ: PAYX) is a
leading provider of integrated human capital management solutions
for payroll, HR, retirement, and insurance services. By combining
its innovative software-as-a-service technology and mobility
platform with dedicated, personal service, Paychex empowers small
and medium-sized business owners to focus on the growth and
management of their business. Backed by 45 years of industry
expertise, Paychex serves approximately 605,000 payroll clients as
of May 31, 2017 across more than 100
locations and pays one out of every 12 American private sector
employees. Learn more about Paychex by visiting www.paychex.com,
and stay connected on Twitter and LinkedIn.
Media Contact:
Laura Saxby
Lynch
Director, Corporate Communications
Paychex, Inc.
Office: 585-383-3074
Mobile: 585-354-3756
lsaxbylynch@paychex.com
@PaychexNews
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SOURCE Paychex, Inc.