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

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

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

IDG's Computerworld, the "Voice of IT Management," has selected Paychex, Inc. as one of the top 100 workplaces for information technology (IT) professionals. This honor is part of the weekly IT publication's 14th annual Best Places to Work in IT survey, which was published in the June 18 issue of Computerworld and online at Computerworld.com. Paychex, a leading provider of payroll and human resource services, ranked number 49 on the 2007 list, the third 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 are thrilled to be named one of the best places to work in IT for the third consecutive year," said Jonathan J. Judge, Paychex president and CEO. "Information Technology is vital to the success of Paychex, and we work hard every day to make our company a rewarding environment where our employees can contribute and grow - and know that they are important and valued."

In addition to ranking number 49 on the overall list, Paychex ranked among the top five for the number of annual training days offered per employee and highest percentage of IT employee promotions. Each Paychex employee enjoys an average of 15 training days per year, and 36% of Paychex's IT staff was promoted in 2006.

"The recipients of this year's Best Places to Work stand out because they are united by a common theme - they understand the importance of IT, and recognize the value these IT professionals bring to the workplace on a daily basis," said Don Tennant, editor in chief of Computerworld.

"Paychex enjoys a unique IT environment where employees are heard and where people are challenged to contribute creative IT solutions to rapidly-changing business needs," said Daniel A. Canzano, Paychex vice president of information technology. "The demanding nature of our work in IT makes it especially important to offer our people a place where they can grow, thrive, and enjoy a tremendous spirit of camaraderie."

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, 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 over 543,000 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 weekly publication, Computerworld.com Web site (www.computerworld.com), focused conference series, and customer 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). Computerworld leads the industry with a print audience of 1,252,000 readers each week (IntelliQuest CIMS Spring 2006) and an online audience of over 2 million unique monthly visitors (Omniture).

Computerworld is a business unit of International Data Group (IDG), the world's leading technology media, events, and research company. IDG's online network includes more than 450 web sites spanning business technology, consumer technology, digital entertainment, and video games worldwide. IDG publishes more than 300 magazines and newspapers in 85 countries including CIO, CSO, Computerworld, GamePro, InfoWorld, Macworld, Network World, and PC World. IDG's lead-generation service, IDG Connect, matches technology companies with an audience of engaged, high-quality IT professionals, influencers, and decision makers.

IDG is a leading producer of more than 750 technology-related events including Macworld Conference & Expo, LinuxWorld Conference & Expo, Entertainment for All Expo (E for All), DEMO, and IDC Directions. IDC, a subsidiary of IDG, is the premier global provider of market intelligence, advisory services, and events. Over 900 IDC analysts in more than 90 countries provide global, regional and local expertise on technology and industry opportunities and trends. Additional information about IDG, a privately held company, is available at http://www.idg.com.

Source: Paychex, Inc.

Released July 16, 2007