When it comes to location, the highest average paycheck ($82K annually) can be spotted in Glenview, Ill.; Cleveland, Ohio (around $73K), Bedford, N.H. ($72K), and New York, N.Y. (approximately $72K) are the next top-paying cities. Nashville, Tenn. is near the bottom for pay at about $50K. By state, Paychex, Inc. pays its California employees the most; the pay rate there is $70K per year.
Years of Experience
Between the one and five year mark, median pay is about $48K annually. Average pay is $58K per year for those with five to nine years of experience. Broken down by tenure, the largest share of Paychex, Inc. employees (31 percent) have 10-19 years of experience and earn $71K annually on average.
Earning around $72K per year on average, Human Resources Consultants receive the most money, followed by Software Developers (approximately $70K), Human Resources Generalists ($60K), and Customer Service Supervisors ($60K). Financial compensation for Sales Consultants is rather low — on average only approximately $45K — relative to the rest of the company.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Senior Human Resources Professionals, who make about $71K annually. On average, salaries rise to around $70K per year for accredited Human Resources Professionals. Paychex, Inc. workers who hold a Master of Science (MS) are also well compensated, earning $89K on average.
The best-paying skill to have in this role appears to be Benefits & Compensation; employees who claim this ability report median compensation of $70K annually. Folks here also tend to know Customer Service; on the survey, around one in seven of workers named it in their skills portfolios. Customer Relationship Management, Microsoft Excel, and Project Management were also reported by many survey participants.
Benefits and Perks
Only two in five workers at Paychex, Inc. enjoy paid vacation time, and just 28 percent can take sick leave. For employees looking to save up for their golden years, Paychex, Inc. provides an optional 401(k) plan, and a large number of survey participants participate. Nearly all employees receive health insurance, and most respondents get dental coverage. A few more workplace perks are life insurance, a stock purchase plan, tuition reimbursement, and flexible hours.