Years of Experience
Five to nine years of work experience seem to result in median wages of approximately $60K per year. Overall, the greater share of Paychex, Inc. folks have one to four years of experience and earn an average $47K annually.
Bringing in the most money are Human Resources Consultants — their earnings average around $72K per year. Software Developers are a close second at $63K along with Customer Service Supervisors (about $60K) and Account Managers ($59K). Paychex, Inc. hands out some of the smallest paychecks to Outside Sales Representatives (approximately $37K on average).
When it comes to location, the highest average paycheck ($74K annually) can be spotted in New York, N.Y.; Cleveland, Ohio (about $73K), St. Louis, Mo. ($68K), and the company's headquarter city of Rochester, N.Y. (around $64K) are the next top-paying cities. On the lower end is Portland, Ore. at $55K. Pay rates in the United States are highest in the state of Ohio, where they average to $68K per year.
Certifications and Degrees
Salaries approach around $70K annually for Licensed Producers; non-accredited workers make much less. Those with a Bachelor of Science in Computer Engineering (CE) at Paychex, Inc. come out on top, and their salaries approach about $118K per year.
When it comes to skills, Legal Compliance seems to bolster pay the most; employees who claim proficiency also enjoy a median income of approximately $72K annually. Project Management also popped up often in the survey as an important skill; about one in eight of employees surveyed report using it at work. Some other standard skills here are Microsoft Office, Microsoft Excel, and Data Analysis.
Benefits and Perks
Benefits packages do tend to lack paid time off; Paychex, Inc. gives paid vacation days to 42 percent and sick leave to 31 percent. Paychex, Inc. sponsors a 401(k) program, and the vast majority of employees use this option to save for their retirement. Nearly all employees report having health insurance, and a large number of employees report having dental coverage. Paychex, Inc. also dishes out privileges such as life insurance, tuition reimbursement, a stock purchase plan, and flexible hours.