Paychex Among the Best in Training for the Tenth Consecutive Year

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Paychex, Inc. has been named to Training magazine's Top 125 list of outstanding international training organizations for the tenth straight year. Paychex, a leading provider of payroll and human resource services, ranked number 26 on the 2011 list, up from number 32 last year.

In honoring Paychex, Training made specific mention of a sales on-boarding program called Partnering to Enhance Performance, as well as the blended learning approach to training client service representatives in Paychex's Major Market Services division.

"Training takes an integral role at Paychex, because we know how important it is to our business success," said Paychex director of training Kimberly Kelly. "When employees know the ins and outs of payroll, human resources, our products, and taxes and regulations, they're better equipped to provide the exceptional level of client service we're known for."

The University of Paychex, the company's in-house training and development center, provided more than 820 thousand hours of training for Paychex employees during fiscal 2010, delivering an average of over 68 hours of training per employee. Formed in 1997, the University is located at the company's corporate headquarters, and offers 90 instructor-led courses and more than 650 online learning activities annually.

Each Top 125 company was measured on both quantitative and qualitative data, on factors such as demonstrable results, training tied to business objectives, number of trainers, employee turnover and retention, leadership development, tuition assistance, training technology and infrastructure, certification, training budget, and more.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex^(R). Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers' compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 536,000 payroll clients nationwide as of May 31, 2010. For more information about Paychex and our products, visit www.paychex.com.

    Source: Paychex, Inc.

Released March 14, 2011