Years of Experience
Those who have five to nine years of work experience see average salaries of $57K annually. The largest slice of the Paychex, Inc. workforce (33 percent) has been working for one to four years and earns, on average, approximately $44K per year.
The highest paychecks go to Human Resources Consultants, who earn an average $70K annually, closely trailed by Customer Service Supervisors ($59K), Software Developers (around $57K), and Human Resources Generalists (about $54K). Outside Sales Representatives make an average $36K, close to the bottom of the company pay scale.
When it comes to location, the highest average paycheck (about $71K per year) can be spotted in Providence, R.I.; the company's headquarter city of Rochester, N.Y. ($62K), Phoenix, Ariz. (approximately $61K), and Nashville, Tenn. ($60K) are the next top-paying cities. St. Louis, Mo. ranks low on the pay scale — at around $38K, it is one of the lowest-paid cities. U.S. pay levels are highest in the state of New York; salaries there average to $67K annually.
Certifications and Degrees
Licensed Health Insurance Agents are compensated at a much higher rate than non-authorized workers, bringing in close to $71K per year. On average, salaries rise to $62K annually for accredited Senior Human Resources Professionals. At Paychex, Inc., employees who hold a Bachelor of Science in Business Administration receive the highest salaries at approximately $68K.
In this position, it pays to have C# in your toolkit; employees who claim proficiency enjoy a higher median salary of around $78K per year. Customer Service also popped up often in the survey as an important skill; around one in eight of employees surveyed report using it at work. Microsoft Excel, Project Management, and Microsoft Office are also desirable skills.
Benefits and Perks
One-half of employees receive paid vacation, and only 38 percent get sick leave. Paychex, Inc. sponsors a 401(k) program, and almost all workers use this option to save for their retirement. Paychex, Inc. provides health insurance to a large number of workers, and most survey participants do receive dental coverage. Paychex, Inc. folks also make good use of life insurance, tuition reimbursement, flexible hours, and a stock purchase plan.