Paychex investor relations material

Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States and Europe. As of December 31, 2011, the company had a network of over 6,000 offices serving more than 235,000 clients. In addition, Paychex is involved in business process outsourcing. The company conducts its operations through three segments: Small Business, Mid-Market Solutions, and Enterprise Solutions. It provides payroll processing solution that includes payroll services, such as electronic and paper paychecks; payroll tax administration services; workers' compensation insurance premium audit services; E-recruiting services featuring the building of customized job boards and resume and career center services; and health audit services.