Free Webinar: Google, Facebook & New World of Free Job Postings May 10

Paychex revenue up 9% in fiscal Q3; revenue in division that includes PEO up 17%

This is a preview. View original post on this site

Revenue rose 9% at Paychex Inc. (NASD: PAYX) in the Rochester, NY-based company’s fiscal third quarter ended Feb. 28. However, revenue rose 17% in the firm’s Human Resource Services segment, which includes the company’s professional employer organization business. Revenue growth in the segment was driven by increases in the company’s client base.

Demand for Paychex’s HR services, which includes administrative services as well as PEO, resulted in strong growth in the number of client worksite employees served, according to the company.

(US$ millions) Q3 2018 Q3 2017 % growth Payroll service revenue $455.0 $446.6

Read Complete Article



»Post your jobs to 100+ Job Boards

»All in One Recruiting Software

»Live Recruiter Training Courses

»Recruiting Jobs

»Recruitment Marketing Tactics

»RecTech Podcast

»HR Podcast Directory

»Recruiting Tip a Day

»HR Tech Jobs

»Jobs With Remote