“For many years, we’ve worked hard to deliver exceptional programs that help employees in all areas of our company to learn, develop, and grow,” said Paychex director of training Kimberly Kelly. “Our commitment to employee learning has been a big part of our success for more than two decades. Employees who are knowledgeable about our products, systems, and outside factors such as legislation can deliver the best solutions to our payroll, human resource, and insurance clients.”
In fiscal 2011, The University of Paychex, the company’s in-house training and development center, trained nearly 9,000 Paychex employees via more than 40 instructor-led programs. Employees also participated in more than 152,000 online training activities and nearly 135,000 web-based training sessions. Paychex offers an average of nearly 80 learning hours per employee – more than double the industry average of 32 hours.*
Each Top 125 company was assessed on range of quantitative and qualitative factors, including financial investment in employee development, the scope of development programs, and how closely such development efforts are linked to business goals and objectives.
About Paychex
Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. 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. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 564,000 payroll clients nationwide as of May 31, 2011. For more information about Paychex and our products, visit www.paychex.com.
*As cited in the 2011 American Society for Training and Development (ASTD) State of the Industry Report
Media Contact:
Becky Cania
Corporate Communications Manager
585-387-6337
bcania@paychex.com