Press release
Paychex Named Among FORTUNE's Most Innovative Companies
Paychex has been recognized for continued innovation as an HR technology leader ROCHESTER, N.Y., March 29, 2023 /PRNewswire/ -- Paychex, Inc., a leading
About this update from Paychex, Inc.
[{"type":"text","content":"Paychex has been recognized for continued innovation as an HR technology leader \nROCHESTER, N.Y., March 29, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, has been recognized on FORTUNE® magazine's inaugural list of America's Most Innovative Companies. The recognition as a 2023 innovator was awarded to Paychex for the company's commitment to industry-leading HR solutions while fostering a culture of innovation. The list, presented by FORTUNE and Statista, Inc., features 300 top-scoring U.S.-based organizations.\n\n \n \n \n \n \n \n\n \n\"It is an honor to be considered one of America's most innovative companies by FORTUNE,\" said John Gibson, president and CEO of Paychex. \"Innovation is one of the guiding values that each Paychex employee demonstrates every day that allows us to continually deliver solutions and customer experiences that meet the growing HR needs of our customers. We will continue to be relentless in understanding the needs of business owners and their employees that will result in solutions that improve business outcomes for our customers.\" Gibson added, \"Through the hard work and dedication of our 16,000 plus employees, Paychex is recognized as one of the most innovative, most admired, and most ethical companies.\"\nTo help address modern workforce trends and the marketplace challenges facing American businesses and workers, Paychex has delivered highly impactful service and technology offerings and enhancements to Paychex Flex®, the company's SaaS-based HR technology software solution.\nThe Paychex Employee Retention Tax Credit (ERTC) Service was introduced to help eligible businesses retroactively identify the tax credits and file amended returns based on wages and health plan expenses paid on behalf of employees in 2020 and 2021. The service leverages Paychex Flex technology to streamline and automate the process. To date, Paychex has helped over 50,000 customers apply for billions in total tax credits.Paychex Retention Insights is a proprietary predictive analytics model built by Paychex data scientists based on millions of records of anonymized employment data. The predictive model is available to Paychex Flex customers as a live and interactive report that helps identify ...