IDG's Computerworld Names Paychex to Annual List of Best Places to Work in Information Technology

Fourth year on the list for leading payroll and HR services company

ROCHESTER, N.Y.--(BUSINESS WIRE)--

Paychex, Inc. announced today that IDG's Computerworld, the "Voice of IT Management," has selected it as one of the top 100 workplaces for information technology (IT) professionals. This honor is part of the weekly IT publication's 15th annual Best Places to Work in IT survey, which was published in the June 30 issue of Computerworld and online at Computerworld.com. Paychex, a leading provider of payroll and human resource services, ranked number 54 on the 2008 list, the fourth year Paychex participated in the survey and appeared on the list.

Since 1994, Computerworld's annual "Best Places to Work in IT" feature has ranked the top 100 work environments for technology professionals, based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training, and retention. In addition, Computerworld surveyed IT workers for the list, and their responses factored heavily in determining the rankings.

"We're so pleased to again be honored with this award, which reflects our commitment to making Paychex one of the best places to work in America," said Jonathan J. Judge, Paychex president and chief executive officer. "We work hard to create an environment where people can grow and excel, are rewarded for their contributions, and receive the benefits and support to help them take care of their lives outside of work. Our IT people are proud to work at Paychex, and it shows in the excellent work they do each and every day."

Computerworld cited Paychex's comprehensive wellness program, which aims to cover every aspect of employee health, in its employer profile of the company. In addition to ranking number 54 on the overall list, Paychex ranked among the top 25 in a few key areas:

    --  #3 for the number of training days offered per employee (17
        days)

    --  #10 for the percentage of IT employees promoted (18%)

    --  #22 for the percentage of women (38%)

"Again this year, we're thrilled to be recognized for something our IT employees have long known - that Paychex is a great place to work," said Daniel A. Canzano, Paychex vice president of information technology. "Our IT professionals enjoy a stimulating environment where their contributions make a real difference each and every day, and where they enjoy a fabulous benefits package and the camaraderie of a great group of hardworking, creative, and friendly people."

"Being among the Best Places to Work in IT means crafting a blend of employee advantages that includes the potential for flexible hours, competitive pay, excellent benefits, a supportive leadership environment, opportunities for ongoing training and advancement, and ultimately, the feeling that you'd like to stay with the company a long, long time," said Scot Finnie, editor in chief of Computerworld.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading national 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 and benefits outsourcing services include 401(k) plan recordkeeping, health insurance, workers' compensation administration, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices and serves approximately 572,000 payroll clients nationwide. For more information about Paychex and our products, visit www.paychex.com

About Best Places to Work

The Best Places to Work in Information Technology (IT) list is an annual ranking of the top 100 work environments for technology professionals compiled by IDG's Computerworld, the "Voice of IT Management." The lists are compiled based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training, and retention. In addition, Computerworld conducts extensive surveys of IT workers, and their responses factor heavily in determining the rankings.

About Computerworld

Computerworld is the leading source of technology news and information for IT influencers worldwide. Computerworld's award-winning Web site (www.computerworld.com), weekly publication, focused conference series, and custom research form the hub of the world's largest (40+ edition) global IT media network. In the past five years alone, Computerworld has won more than 100 awards, including Folio Magazine's 2006 Gold EDDIE Award for the best technology/computing magazine, the 2004 and 2006 Magazine of the Year Award, and the 2006 Best Overall Web Publication from the American Society of Business Publication Editors (ASBPE). In addition, in 2007 Computerworld's then editor in chief, Don Tennant, received the prestigious Timothy White Award from American Business Media. Computerworld leads the industry with an online audience of over 2 million unique, monthly visitors and a print audience of 1,222,000 readers each week (IntelliQuest CIMS Spring 2007).

Source: Paychex, Inc.

Released July 1, 2008