Latest headcount
19,000
YoY change
+15.2%
Headcount CAGR
+5.8%
Revenue / employee
$293.2K
Employee count history for Paychex
| Fiscal year | Employees |
|---|---|
| 1995 | 3,500 |
| 1996 | 3,950 |
| 1997 | 5,200 |
| 1998 | 4,850 |
| 1999 | 5,500 |
| 2000 | 5,900 |
| 2001 | 7,000 |
| 2002 | 7,400 |
| 2003 | 8,850 |
| 2004 | 9,400 |
| 2005 | 10,000 |
| 2006 | 10,900 |
| 2007 | 11,700 |
| 2008 | 12,200 |
| 2009 | 12,500 |
| 2010 | 12,500 |
| 2011 | 12,400 |
| 2012 | 12,400 |
| 2013 | 12,400 |
| 2014 | 12,700 |
| 2015 | 13,000 |
| 2016 | 13,500 |
| 2017 | 13,700 |
| 2018 | 14,300 |
| 2019 | 15,600 |
| 2020 | 15,800 |
| 2021 | 15,000 |
| 2022 | 16,000 |
| 2023 | 16,600 |
| 2024 | 16,500 |
| 2025 | 19,000 |
Revenue per employee for Paychex
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 1995 | $76.3K |
| 1996 | $82.4K |
| 1997 | $141.3K |
| 1998 | $204.8K |
| 1999 | $213.7K |
| 2000 | $123.4K |
| 2001 | $124.3K |
| 2002 | $129K |
| 2003 | $118.2K |
| 2004 | $137.7K |
| 2005 | $144.5K |
| 2006 | $153.6K |
| 2007 | $161.3K |
| 2008 | $169.4K |
| 2009 | $166.6K |
| 2010 | $160.1K |
| 2011 | $168.1K |
| 2012 | $179.8K |
| 2013 | $187.6K |
| 2014 | $198.3K |
| 2015 | $210.7K |
| 2016 | $218.7K |
| 2017 | $230K |
| 2018 | $236.4K |
| 2019 | $241.8K |
| 2020 | $255.7K |
| 2021 | $270.5K |
| 2022 | $288.2K |
| 2023 | $301.6K |
| 2024 | $319.9K |
| 2025 | $293.2K |
Earnings per employee for Paychex
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 1995 | $11.1K |
| 1996 | $13.2K |
| 1997 | $14.5K |
| 1998 | $21.1K |
| 1999 | $25.3K |
| 2000 | $32.2K |
| 2001 | $36.4K |
| 2002 | $37.1K |
| 2003 | $33.2K |
| 2004 | $32.2K |
| 2005 | $36.9K |
| 2006 | $42.7K |
| 2007 | $44.1K |
| 2008 | $47.2K |
| 2009 | $42.7K |
| 2010 | $38.2K |
| 2011 | $41.6K |
| 2012 | $44.2K |
| 2013 | $45.9K |
| 2014 | $49.4K |
| 2015 | $51.9K |
| 2016 | $56.1K |
| 2017 | $59.7K |
| 2018 | $65.3K |
| 2019 | $66.3K |
| 2020 | $69.5K |
| 2021 | $73.2K |
| 2022 | $87.1K |
| 2023 | $93.8K |
| 2024 | $102.4K |
| 2025 | $87.2K |
Employee count history for Paychex (PAYX)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 202519,000+15.2%
- 202416,500-0.6%
- 202316,600+3.8%
- 202216,000+6.7%
- 202115,000-5.1%
- 202015,800+1.3%
- 201915,600+9.1%
- 201814,300+4.4%
- 201713,700+1.5%
- 201613,500+3.8%
- 201513,000+2.4%
- 201412,700+2.4%
- 201312,4000.0%
- 201212,4000.0%
- 201112,400-0.8%
- 201012,5000.0%
- 200912,500+2.5%
- 200812,200+4.3%
- 200711,700+7.3%
- 200610,900+9.0%
- 200510,000+6.4%
- 20049,400+6.2%
- 20038,850+19.6%
- 20027,400+5.7%
- 20017,000+18.6%
- 20005,900+7.3%
- 19995,500+13.4%
- 19984,850-6.7%
- 19975,200+31.6%
- 19963,950+12.9%
- 19953,500—
About Paychex's employee count
Paychex (PAYX) employed 19,000 people in fiscal year 2025, based on its most recent annual report. That headcount grew by +2,500 (+15.2%) from 16,500 a year earlier.
Across the 1995–2025 period, the company's reported workforce went from 3,500 to 19,000 employees — a compound annual growth rate (CAGR) of +5.8% per year.
Paychex generated about $293.2K of revenue and $87.2K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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