When it comes to location, the highest average paycheck (approximately $90K per year) can be spotted in Webster, N.Y.; Glenview, Ill. (about $81K), New York, N.Y. (around $68K), and Cleveland, Ohio ($63K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Portland, Ore. — at $54K, salaries are some of the lowest in the country. By state, Paychex, Inc. employees make the most in California, earning $70K annually on average.
Years of Experience
Five to nine years of work experience seem to result in median wages of around $58K per year. The largest slice of the Paychex, Inc. workforce (29 percent) has been working for one to four years and earns, on average, $47K annually.
Software Engineers earn the highest median pay at $72K per year, followed by Human Resources Consultants (about $71K), Software Developers (approximately $66K), and Human Resources Generalists ($59K). Earning only around $40K on average, Outside Sales Representatives make less than most people in the company.
Certifications and Degrees
Certified Six Sigma Green Belts receive bigger paychecks (about $72K annually) than those without credentials. Licensed Producers also rank high on the pay scale, with expected average earnings of approximately $70K per year. Paychex, Inc. compensates Bachelor of Science in Computer Engineering (CE)-holders the most at $118K annually.
In this role, the best-paying skill appears to be Java; individuals who claim it among their capabilities enjoy a higher median salary of $80K per year. Customer Relationship Management is regularly seen around here; around an eighth of those surveyed report it as a core competency. Three more common skills are Customer Service, Microsoft Excel, and Microsoft Office.
Benefits and Perks
Paid time off is scarce, with only about 43 percent receiving paid vacation and one-third of workers receiving sick leave. Most workers save for retirement through Paychex, Inc.'s 401(k) plan. Nearly all survey participants have health insurance, and benefits for a large number of respondents also include dental insurance. A few more workplace perks are life insurance, tuition reimbursement, a stock purchase plan, and flexible hours.