When it comes to location, the highest average paycheck (around $105K annually) can be spotted in Webster, N.Y.; Glenview, Ill. ($82K), Portland, Ore. ($69K), and New York, N.Y. (approximately $66K) are the next top-paying cities. Approaching the lower end of the pay scale (at $60K) is Rochester, N.Y. By state, Paychex, Inc. employees make the most in Illinois, earning about $74K per year on average.
Human Resources Consultants earn the highest median pay at approximately $72K annually, followed by Software Developers ($72K), Human Resources Generalists (about $61K), and Customer Service Supervisors ($58K). Paychex, Inc. hands out some of the smallest paychecks to Payroll Specialists ($39K on average).
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to around $61K per year. For those with one to four years of experience, median paychecks reach $48K annually. The largest slice of the Paychex, Inc. workforce (29 percent) has been working for 10-19 years and earns, on average, $71K per year.
Certifications and Degrees
Monetary compensation comes to about $72K annually for Human Resources Professionals, far surpassing the earnings of non-credentialed workers. Acquiring certification to be a Senior Human Resources Professional is rewarded with median pay of around $70K per year. Those with a Master of Science (MS) at Paychex, Inc. come out on top, and their salaries approach $83K annually.
The highest-paying skill in this position seems to be Java; individuals who report it as part of the repertoire have a median income of approximately $83K per year. Project Management also popped up often in the survey as an important skill; close to one-seventh of employees surveyed report using it at work. Microsoft Office, Microsoft Excel, and Customer Relationship Management are also desirable skills.
Benefits and Perks
Two in five employees receive paid vacation, and only 30 percent get sick leave. Paychex, Inc. sponsors a 401(k) program, and a fair number of respondents use this option to save for their retirement. Perks cover health insurance for nearly all respondents and dental coverage for most employees. The company also dishes out perks such as life insurance, a stock purchase plan, tuition reimbursement, and a casual working environment.