Paychex Claimed Company

As the future of work continues to evolve, Paychex leads the way by making complex HR, payroll, and benefits brilliantly simple. Our unique combination of digital HR technology and advisory solutions meets the changing needs of employers and their employees. read more

EMPLOYEE PARTICIPANTS: 331

TOTAL RATINGS: 3471

CEO: John B. Gibson, Jr.

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Paychex Retention Score

Paychex is in the Bottom 30% of similar sized companies in its ability to retain quality employees. 50% of employees would not leave Paychex if they were offered a job for more money while 58% are excited to go to work each day. Overall, 57% of Paychex's employees feel the company is doing what it should to retain them while 43% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated 15 days ago.

Where This Score Ranks Paychex's Retention

BOTTOM
30%
In the Bottom 30% of 1341 Similar Sized Companies on Comparably
5th
5th place versus 5 competitors rated on Comparably

Jan

Feb

Apr

May

Jun

C-63 / 100

Aug

Who Ranks Paychex's Retention the Highest?

Department - HR 88/100

Department - Engineering 84/100

Department - Operations 82/100

Who Ranks Paychex's Retention the Lowest?

Tenure - 1 to 2 Years 37/100

Ethnicity - Hispanic or Latino 45/100

Department - IT 48/100

Paychex Retention At a Glance

Paychex's Retention score is rated a "C-" by 327 employees. The category helps understand Paychex's focus and commitment to retaining employees in their organization.

Over the past three months, Paychex's Retention score has remained steady at 63/100. Paychex ranks in 5th place versus 5 competitors which include Insperity, Justworks, TriNet, Gusto, and Oracle. The HR and Engineering departments are likely to stay at the company the longest, while the IT and Marketing departments are likely to have the highest turnaround.

Paychex's Retention score is in the Bottom 30% of 1341 similar sized companies (10,000+ Employees) on Comparably.

Paychex's Retention Trendline

Paychex63
Similar Size on Comparably

How Paychex's Retention Score is Calculated

Answer	Percent
Yes	43%
No	57%

Do you believe you're paid fairly?

Answer	Percent
Yes	76%
No	24%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	58%
No	42%

Are you typically excited about going to work each day?

Answer	Percent
Every week	33%
Once a month	11%
Once a quarter	11%
Once a year	15%
Never	30%

How often do you get valuable feedback on how to improve at work?

Answer	Percent
Yes	56%
No	44%

Do you approve of the job your executive team is doing at your company?

Answer	Percent
Yes	57%
No	43%

Do Your Company Leaders Do What They Should to Retain You as an Employee?

Answer	Percent
Very Secure	33%
Secure Enough	19%
Neutral	24%
Insecure	5%
Very Insecure	19%

How secure do you feel your job is at your company?

Answer	Percent
Yes	46%
No	54%

Do you have a close friend at work?

Answer	Percent
Yes	83%
No	17%

Would you leave your current job for a 20% raise at a different company?

Answer	Percent
Multiple times a week	0%
Once a week	23%
Once a month	23%
Once a quarter	31%
Never	23%

How often do you socialize with team members outside of work?

Answer	Percent
Yes	50%
No	50%

Do you feel burnt out at work?

Answer	Percent
Yes	70%
No	30%

Are you challenged at work?

Answer	Percent
Yes	50%
No	50%

Would you turn down a job offer today, for slightly more money?

Answer	Percent
Yes	50%
No	50%

Are you proud to be a part of your company?

Paychex's Retention Rank Against Similar Sized Companies on Comparably

BOTTOM

30%

Paychex ranks in the Bottom 30% of other companies on Comparably with 10,000+ Employees for Retention Score.

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