Paychex

Thursday, 17 January 2013

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Payroll by Paychex: Payroll Tax Services, Human Resources, 401(k) and Benefit Administration

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F5 Networks
F5 Networks, Inc. (NASDAQ: FFIV) is a networking appliances company. It is headquartered in Seattle, Washington and has development and marketing offices worldwide. It originally manufactured and sold some of the very first load balancing products. In 2010, F5 Networks featured in Fortune's 100 Fastest-Growing Companies list.
F5 Networks' flagship product, the BIG-IP network appliance, was originally a network load balancer but today also offers other functionality such as access control and application security. Add-on modules to F5's BIG-IP family of products offer email filtering and intelligent compression to allow for lower bandwidth and faster downloads in addition to load balancing and local traffic management capabilities.
F5 offers products in various segments of the Application Delivery Controller market. According to Gartner, F5 has "a continued market-leading position" in the Application Delivery Controller market. Gartner cites the most significant competitors (in terms of market share) as Cisco Systems and Citrix Systems. Other competitors include A10 Networks, Armorlogic, Array Networks, Barracuda Networks, Brocade, Coyote Point Systems, Crescendo Networks, KEMP Technologies, Radware and Zeus Technology.

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Germany
Germany (ⁱ/ˈdʒɜrməni/), officially the Federal Republic of Germany (German: Bundesrepublik Deutschland, pronounced [ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant] ( listen)), is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km² and has a largely temperate seasonal climate. With 81.8 million inhabitants, it is the most populous member state and the largest economy in the European Union. It is one of the major political powers of the European continent and a technological leader in many fields.
A region named Germania, inhabited by several Germanic peoples, was documented before AD 100. During the Migration Period, the Germanic tribes expanded southward, and established successor kingdoms throughout much of Europe. Beginning in the 10th century, German territories formed a central part of the Holy Roman Empire. During the 16th century, northern German regions became the centre of the Protestant Reformation while southern and western parts remained dominated by Roman Catholic denominations, with the two factions clashing in the Thirty Years' War, marking the beginning of the Catholic–Protestant divide that has characterized German society ever since. Occupied during the Napoleonic Wars, the rise of Pan-Germanism inside the German Confederation resulted in the unification of most of the German states into the German Empire in 1871 which was Prussian dominated. After the German Revolution of 1918–1919 and the subsequent military surrender in World War I, the Empire was replaced by the Weimar Republic in 1918, and partitioned in the Treaty of Versailles. Amidst the Great Depression, the Third Reich was proclaimed in 1933. The latter period was marked by Fascism and World War II. After 1945, Germany was divided by allied occupation, and evolved into two states, East Germany and West Germany. In 1990 Germany was reunified.

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Intuit
Intuit Inc. is an American software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. It is incorporated in Delaware and headquartered in Mountain View, California.
The company was founded in 1983 by Scott Cook and Tom Proulx in Palo Alto, California.
Intuit makes the personal finance programs Quicken and TurboTax (and its Canadian counterpart, QuickTax), as well as the small business accounting program QuickBooks. In addition, they produce QuickBooks Point of Sale solution for small retailers, professional tax solutions ProSeries and Lacerte, and the Web-based corporate workgroup productivity solution QuickBase.
The company maintains a number of foreign sales offices. It has R&D activity in Intuit Canada headquartered in Mississauga, Ontario and Intuit India headquartered in Bangalore, India. International product versions are now predominantly produced by third-party localizers or licensees.
Intuit was conceived by Scott Cook, whose prior work at Procter & Gamble helped him realize that personal computers would lend themselves as replacements for paper-and-pencil based personal accounting. On his quest to find a programmer he ended up running into Tom Proulx at Stanford. The two started Intuit, which initially operated out of a modest room on University Avenue in Palo Alto. The first version of Quicken was coded in Microsoft's BASIC programming language for the IBM PC and UCSD Pascal for the Apple II by Tom Proulx and had to contend with a dozen serious competitors. Intuit struggled financially until they found their formula for success, which revolved around direct marketing campaigns, favorable reviews in industry and consumer magazines and word of mouth from satisfied customers^{[citation needed]}.

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Microsoft
Coordinates: 47°38′22.55″N 122°7′42.42″W / 47.6395972°N 122.12845°W / 47.6395972; -122.12845
Microsoft Corporation (NASDAQ: MSFT) is an American multinational corporation headquartered in Redmond, Washington, United States that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions. Established on April 4, 1975 to develop and sell BASIC interpreters for the Altair 8800, Microsoft rose to dominate the home computer operating system market with MS-DOS in the mid-1980s, followed by the Microsoft Windows line of operating systems. Microsoft is one of the largest software corporations in the world.
Microsoft would also come to dominate the office suite market with Microsoft Office. The company has diversified into the video game industry with the Xbox and Xbox 360 consoles and the consumer electronics and digital services market MSN, the Zune and the Windows Phone OS. The ensuing rise of stock in the company's 1986 initial public offering (IPO) made an estimated three billionaires and 12,000 millionaires from Microsoft employees (Forbes 400 list revealed that in March 2011 both Jon Shipley and Nathan Myhrvold lost their billionaire status). In May 2011, Microsoft Corporation acquired Skype Communications for $8.5 billion.

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Nvidia
Coordinates: 37°22′14.62″N 121°57′49.46″W / 37.3707278°N 121.9637389°W / 37.3707278; -121.9637389
Nvidia (NASDAQ: NVDA; /ɪnˈvɪdiə/ in-VID-ee-ə) is an American global technology company based in Santa Clara, California. Nvidia is best known for its graphics processing units (GPUs). Nvidia and chief rival AMD Graphics Technologies (formerly ATI Technologies) have dominated the high performance GPU market, pushing other manufacturers to smaller, niche roles. Nvidia's best known GPU product line labeled "GeForce" is in direct competition with AMD's "Radeon" products.
In addition to GPU manufacturing, Nvidia provides parallel processing capabilities, to researchers and scientists, that allow them to efficiently run high-performance applications. They are deployed in supercomputing sites around the world. More recently, Nvidia has moved into the mobile computing market, where its Tegra processors powered phones and tablets, as well as auto infotainment systems. In addition to AMD, its other competitors include Intel and Qualcomm.

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Qualcomm
Qualcomm (NASDAQ: QCOM) is an American global telecommunications equipment corporation that designs, manufactures and markets digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology and other technologies. Headquartered in San Diego, CA, USA. The company operates through four segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); Qualcomm Wireless & Internet (QWI), and Qualcomm Strategic Initiatives (QSI).
Qualcomm was founded in 1985 by MIT Alumnus and UC San Diego Professor Irwin Jacobs, MIT and USC Alumnus Andrew Viterbi, Harvey White, Adelia Coffman, Andrew Cohen, Klein Gilhousen, and Franklin Antonio. Jacobs and Viterbi had previously founded Linkabit. Qualcomm's first products and services included the OmniTRACS satellite locating and messaging service, used by long-haul trucking companies, developed from a product called Omninet owned by Parviz Nazarian and Neil Kadisha, and specialized integrated circuits for digital radio communications such as a Viterbi decoder.

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Texas Instruments
Coordinates: 32°54′33″N 96°45′04″W / 32.909256°N 96.751054°W / 32.909256; -96.751054
Texas Instruments Inc. (NASDAQ: TXN), known as TI, is an American company based in Dallas, Texas, United States, which develops and commercializes semiconductor and computer technology. TI is the third largest manufacturer of semiconductors worldwide after Intel and Samsung, the second largest supplier of chips for cellular handsets after Qualcomm, and the largest producer of digital signal processors (DSPs) and analog semiconductors, among a wide range of other semiconductor products, including calculators, microcontrollers and multi-core processors.
Texas Instruments was founded in 1951. It emerged after a reorganization of Geophysical Service. This company manufactured equipment for use in the seismic industry as well as defense electronics. TI researched infrared technology in the late 1950s and later made transistors, including the world's first workable silicon transistor, radar systems, guidance and control systems for both missiles and bombs. In 1954, Texas Instruments designed and manufactured the first transistor radio and Jack Kilby invented the integrated circuit in 1958 while working at TI's Central Research Labs. The company produced the first integrated circuit-based computer for the U.S. Air Force in 1961. The hand-held calculator was introduced to the world by TI in 1967.

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United States
The United States of America (commonly abbreviated to the United States, the U.S., the USA, America, and the States) is a federal constitutional republic comprising fifty states and a federal district. The country is situated mostly in central North America, where its forty-eight contiguous states and Washington, D.C., the capital district, lie between the Pacific and Atlantic Oceans, bordered by Canada to the north and Mexico to the south. The state of Alaska is in the northwest of the continent, with Canada to the east and Russia to the west, across the Bering Strait. The state of Hawaii is an archipelago in the mid-Pacific. The country also possesses several territories in the Pacific and Caribbean.
At 3.79 million square miles (9.83 million km²) and with over 312 million people, the United States is the third or fourth largest country by total area, and the third largest by both land area and population. It is one of the world's most ethnically diverse and multicultural nations, the product of large-scale immigration from many countries. The U.S. economy is the world's largest national economy, with an estimated 2011 GDP of $15.1 trillion (22% of nominal global GDP and over 19% of global GDP at purchasing-power parity). Per capita income is the world's sixth-highest.

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Tom Golisano
Blase Thomas Golisano (born November 14, 1941) is an American businessman and philanthropist. He is the founder of Paychex, the second-largest payroll processor in the United States and former co-owner (along with real estate developer Larry Quinn) of the Buffalo Sabres hockey team and of the Buffalo Bandits lacrosse team. He sold the team and its assets to multi-billionaire Terrence Pegula in February 2011. Golisano made a bid for the bankrupt Los Angeles Dodgers franchise in early 2012; his group was eventually outbid by a consortium led by Magic Johnson and Guggenheim Partners. Golisano has an associate's degree from Alfred State College.
He is a founding member of the Independence Party of New York, and ran on its ticket for governor of New York in 1994, 1998 and 2002. Although never elected, his percentage of the vote increased with each election. He spent a combined $93 million on the three campaigns. By receiving more than 50,000 votes each time, Golisano brought the Independence Party an automatic ballot line for the succeeding four years. There was speculation that he would run for governor again on the Republican ticket, but announced on May 15, 2009 that he was moving to Florida to escape New York state taxes.

wn.com/Tom_Golisano

Paychex One-Source Solutions Overview

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Mark Grugnale Paychex Singing Telegram

Mark Grugnale from Paychex gets a singing telegram for his birthday....

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Wallstrip - Paychex, Inc. (PAYX)

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photo: AP / Adj Nicolas-Nelson Richard, ECPAD

This Sunday Jan.13, 2013 photo provided by the French Army Monday Jan.14, 2013 shows a French Rafale jetfighter landing after a mission to Mali in N'Djamena, Chad.

France strikes Mali rebels

Independent online (SA)

14 Jan 2013

Bamako/Paris - French fighter jets pounded Islamist rebel strongholds deep in northern Mali on Sunday as Paris poured more troops into the capital, Bamako, awaiting a West African force to dislodge al-Qaeda-linked insurgents from the country’s north ... Defence Minister Jean-Yves le Drian said France’s intervention on Friday prevented the advancing rebels from seizing Bamako and vowed air strikes would continue ... – ... Doubt....(size: 6.6Kb)

photo: Creative Commons / INABA Tomoaki

Emergency landing grounds Boeing 787 jets in Japan

The Guardian

16 Jan 2013

YURI KAGEYAMA. AP Business Writers= TOKYO (AP) — Boeing Co.'s 787 planes were grounded for safety checks Wednesday by two major Japanese airlines after one was forced to make an emergency landing in the latest blow for the new jet ... The 787, known as the Dreamliner, is Boeing's newest and most technologically advanced jet, and the company is counting heavily on its success ... The grounding was done voluntarily by the airlines ... The U.S ... U.S....(size: 11.1Kb)

photo: AP / BP

In this undated image released Wednesday Jan. 16, 2013, by BP petroleum company, showing the Amenas natural gas field in the eastern central region of Algeria, where Islamist militants raided and took hostages Wednesday Jan. 16, 2013.

Hostages taken at BP plant in Algeria

The Australian

16 Jan 2013

IN what could be the first spillover from France's intervention in Mali, Islamist militants attacked and occupied a natural gas complex partly operated by energy company BP in southern Algeria. Two foreigners were killed and dozens of others, including Americans, were taken hostage ... It said it was holding 41 foreigners, including seven Americans ... Recommended Coverage. Al-Qaeda seize hostages in Algeria. End of sidebar ...  . ....(size: 7.4Kb)

photo: AP / Carolyn Kaster

President Barack Obama speaks in the East Room of the White House in Washington, Monday, Jan. 14, 2013

Obama unveils $500 million gun violence package

The Guardian

16 Jan 2013

JULIE PACE. Associated Press= WASHINGTON (AP) — Braced for a fight, President Barack Obama on Wednesday unveiled the most sweeping proposals for curbing gun violence in two decades, pressing a reluctant Congress to pass universal background checks and bans on military-style assault weapons and high-capacity ammunition magazines like the ones used in the Newtown, Conn., school shooting ... "And Congress must act soon." ... World news....(size: 9.2Kb)

photo: WN / Jamal Penjweny

US military in side hummer on the Ramadia road and an the duty in Ramadia present

2012 military suicides hit a record high of 349

Ohio

15 Jan 2013

WASHINGTON. Suicides in the U.S. military surged to a record 349 last year, far exceeding American combat deaths in Afghanistan, and some private experts are predicting the dark trend will grow worse this year. The Pentagon has struggled to deal with the suicides, which Defense Secretary Leon Panetta and others have called an epidemic ... Last year’s total is the highest since the Pentagon began closely tracking suicides in 2001 ... ....(size: 5.0Kb)

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Automatic Data Processing: A Strong Position

Seeking Alpha

16 Jan 2013

Automatic Data Processing (ADP) is a conservatively managed, diversified company that has increased its dividend every year for over 3 decades. -Seven Year Revenue Growth Rate. 3.3%. -Seven Year EPS Growth Rate. 6.7%. -Seven Year Dividend Growth Rate. 14.2%. -Current Dividend Yield. 2.94%. -Balance Sheet Strength. Extremely Strong ... Overview ... They perform hiring services ... 21 ... is Paychex (PAYX), which has revenue of approximately one-fifth of ADP ... ....(size: 10.3Kb)

Paychex Now #265 Largest Company, Surpassing Starwood Hotels & Resorts Worldwide

Forbes

15 Jan 2013

In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Paychex Inc (NASD ... HOT), according to The Online Investor ... In the case of Paychex Inc (NASD ... HOT) at $11.67 billion ... Below is a chart of Paychex Inc versus Starwood Hotels & Resorts Worldwide Inc plotting their respective size rank within the S&P 500 over time (PAYX plotted in blue; HOT plotted in green). ... HOT. ... ....(size: 3.0Kb)

Why Paychex's Dividend Is Solid, Despite High Payout Ratio

Seeking Alpha

13 Jan 2013

In this article, let's evaluate the investment merits of Paychex (PAYX), as well as its dividend under this unique but yet very straightforward framework ... • Paychex earns a ValueCreation™ rating of EXCELLENT, the highest possible mark on our scale ... • Paychex is a leader in the payroll, human resource, and benefits outsourcing industry ... • Paychex has an excellent combination of strong free cash flow generation and low financial leverage....(size: 5.3Kb)

Small businesses basing pay more on performance

Springfield News-Sun

09 Jan 2013

According to an analysis done by the payroll company Paychex, the average monthly paycheck at small businesses in November was 1 percent larger than it was a year earlier ... Paychex bases its numbers on pay at more than 500,000 companies ... was frozen or cut during the recession, says Frank Fiorelle, the senior director of risk management at Paychex....(size: 7.5Kb)

4 Safe Dividend Stocks With High ROE

Seeking Alpha

09 Jan 2013

By Serkan Unal ... Debt-free companies may be safer than heavily leveraged firms during periods of economic and financial stress or rising interest rates that increase the cost of capital ... Most of these companies also have a high proportion of cash relative to total assets. Here is a closer look at each of these four dividend stocks ... ADP is somewhat pricey at 19.9x forward earnings, which puts it almost on par with major rival Paychex Inc ... ....(size: 6.1Kb)

Paychex Q1 revenue misses

Stockhouse

08 Jan 2013

Paychex (NASDAQ. PAYX) reported a 3% rise in its first-quarter net income. Paychex's quarterly earnings surged to $153.1 million, or $0.42 per share, up from $148.9 ......(size: 1.1Kb)

Why the Street Should Love Paychex's Earnings

MSNBC

07 Jan 2013

Today, we're checking in on Paychex, whose recent revenue and earnings are plotted below ... Over the past 12 months, Paychex generated $635.4 million cash while it booked net income of $559.7 million ... So how does the cash flow at Paychex look? Take a peek at the chart below, which flags questionable cash flow sources with a red bar ... Can your retirement portfolio provide you with enough income to last? You'll need more than Paychex....(size: 5.3Kb)

Earnings Season Starts Tuesday — Here Are 5 Questions Everyone Wants Answered

Business Insider

07 Jan 2013

FactSet analyst John Butters is out with a report previewing the Q4 2012 earnings season, which unofficially kicks off tomorrow when Alcoa reports earnings after the closing bell ... In the report, Butters discusses five key concerns headed into the upcoming reporting period ... in Q4 ... Butters says companies will usually put a specific dollar amount on Sandy's impact, as FedEx, Paychex, and Bed Bath & Beyond all did in late December ... Tags....(size: 3.1Kb)

Paychex Explains Key Highlights of Fiscal Cliff Deal for America’s Small Businesses and Wage Earners

Business Wire

04 Jan 2013

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses, today outlined the essential elements of the American Taxpayer Relief Act of 2012 on behalf of America’s small businesses and all wage earners ... For more information, visit http.//www.paychex.com/articles/payroll/what-is-the-fiscal-cliff. About Paychex . Paychex, Inc....(size: 9.0Kb)

Hot Topics Recap: Fiscal Cliff

Business Wire

04 Jan 2013

NEW YORK--(BUSINESS WIRE)--The following releases focus on the Fiscal Cliff. ALL TIME-OFFS ARE IN EASTERN TIME . ROCHESTER, N.Y.--The Paychex Top 13 in ’13. Potential Regulatory Changes Every Small Business Needs to Know About in the New Year Source. Paychex . FRAMINGHAM, Mass.--IDC Forecasts Worldwide Semiconductor Revenues Will Grow 4.9% and Reach $319 Billion in 2013 Source. IDC ... Northern Trust ... First Command ... AICPA ... SOASTA Inc ... U.S ... ....(size: 34.3Kb)

Paychex Explains Key Highlights of Fiscal Cliff Deal for America’s Small Businesses and Wage Earners (Paychex Inc)

noodls

03 Jan 2013

Paychex Inc) Paychex, Inc., a leading provider of payroll , human resource , and benefits outsourcing solutions for small- to medium-sized businesses, today outlined the essential elements of the American Taxpayer Relief Act of 2012 on behalf of America's small businesses and all wage earners ... About Paychex Paychex, Inc ... Paychex, Inc. 585-387-6402 lfleming@paychex.com ... This noodl was issued by Paychex Inc....(size: 5.5Kb)

Paychex Explains Key Highlights of Fiscal Cliff Deal for America's Small Businesses and Wage Earners

Stockhouse

03 Jan 2013

Paychex, Inc., a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses, today outlined the essential elements of the American Taxpayer Relief Act of 2012 on behalf of America’s small businesses and all wage earners ... Paychex has implemented these changes, and they will be reflected in our clients’ payrolls beginning tomorrow, January 4, 2013 ... About Paychex....(size: 4.9Kb)

SurePayroll Small Business Scorecard® Shows Hiring Still in Slow Decline

Business Wire

03 Jan 2013

SurePayroll is a wholly owned subsidiary of Paychex, providing an easy, online, convenient payroll service that keeps our more than 40,000 small business customers in control ... About Paychex . Paychex, Inc ... A variety of business insurance products, including group health and workers' compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971....(size: 7.8Kb)

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Paychex, Inc.

Type	Public company
Traded as	NASDAQ: PAYX S&P 500 Component
Industry	Business process outsourcing
Founded	1971 (1971)
Founder(s)	B. Thomas Golisano
Headquarters	Penfield, New York
Area served	Continental U.S. and Germany
Key people	B. Thomas Golisano, Chairman Martin Mucci, President and CEO John Morphy, CFO^[1]
Services	Payroll services, tax filing and tax credit services, 401(k) and employee benefits, insurance solutions, HR administration and compliance
Revenue	US$2084 million (2011)^[2]
Operating income	US$786 million (2011)^[2]
Net income	US$515 million (2011)^[2]
Total assets	US$5394 million (2011)^[2]
Total equity	US$1496 million (2011)^[2]
Employees	12400 (2011)^[2]
Website	www.paychex.com

Paychex, Inc. is a payroll and human resource service company which serves approximately 572,000 businesses in the US. The company is headquartered in Penfield, New York and has more than 100 locations across the country. The company provides services including Payroll Services, Time and Labor Management, HR Administration & Compliance, 401(k) Employee Benefits, Group Health Insurance, and Paychex HR Solutions.

1 History
2 Awards and recognition
3 Primary Competition
4 References
5 External links

History [link]

Headquarters in Penfield, New York

Paychex was founded by Tom Golisano in 1971. Golisano started the company with $3,000 and the idea to make payroll outsourcing easy and affordable for small businesses. He saw an untapped market of American businesses with fewer than 100 employees, and went to his employer at the time, a regional payroll processor for big businesses, with his plan. The company wasn't interested, and Golisano started Paychex, employing only himself.

The operation grew to include 18 franchises and partnerships, which were eventually consolidated into one private company in 1979. In 1983, Paychex went public and began trading on The NASDAQ Stock Market. Since then, Paychex has registered a record of steady growth. In fiscal 2011, Paychex revenues exceeded $2 billion, as mentioned on their website.

**Chief executives**
Name	Tenure
Tom Golisano	1979 – October 2004
Jonathan J. Judge	October 2004 – July 2010
Martin Mucci	October 2010 – present

^ "PAYX: Profile for Paychex Inc". Yahoo! Finance. Sunnyvale, California: Yahoo!. http://finance.yahoo.com/q/pr?s=PAYX. Retrieved 2011-03-29.
^ ^a ^b ^c ^d ^e ^f Paychex, Incorporated (2011-07-15), FORM 10-K for the fiscal year ended May 31, 2011, Washington, D.C.: U.S. Securities and Exchange Commission, File 000-11330, film 11971238, http://www.sec.gov/Archives/edgar/data/723531/000095012311065947/l42678e10vk.htm, retrieved 2011-09-01
^ "100 Best Companies to Work For". Fortune. http://money.cnn.com/magazines/fortune/bestcompanies/2010/full_list/. Retrieved 9 May 2012.
^ "100 Best Companies to Work For". Fortune. http://money.cnn.com/magazines/fortune/bestcompanies/2011/full_list/. Retrieved 9 May 2012.

This page contains text from Wikipedia, the Free Encyclopedia - http://en.wikipedia.org/wiki/Paychex

This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.

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Contents

History [link]

Awards and recognition [link]

Primary Competition [link]

References [link]

External links [link]

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