Paychex Recognized for Excellence in Health & Well-being by Business Group on Health
10 April 2024 - 1:45AM
Business Wire
The company also honored for providing employee
programs to address mental health
Paychex, Inc., a leading provider of integrated human capital
management software solutions for human resources, employee
benefits, insurance services, and payroll, has again been named
among the Business Group on Health’s Best Employers for Excellence
in Health & Well-being. For the 10th time, Paychex has been
recognized for the company’s commitment to providing comprehensive
and innovative benefits programs that advance the health and
well-being of over 16,000 employees.
Paychex is one of 54 large U.S. employers to be recognized by a
committee of judges based on comprehensive award criteria,
including:
- Holistic well-being strategy, including mental health,
financial security, physical health, social connectedness, job
satisfaction, flexibility, and time away
- Engagement and the employee experience
- Metrics and program evaluation
The organizations honored all demonstrate a well-being strategy
with measurable objectives and incorporate the principles of
diversity, equity, and inclusion into their health and well-being
programs.
Paychex is also one of 10 companies to earn additional
acknowledgment for a commitment to employees’ emotional well-being
through mental health programs.
“This is the 10th time Paychex has been honored by Business
Group on Health for delivering strategic health and well-being
programs that support our employees,” said John Gibson, Paychex
president and CEO. “Receiving additional recognition for how we are
addressing employees’ emotional well-being is especially
meaningful. We understand that mental health is as important as
physical health and will continue to provide Paychex employees and
their families with programs that support stress management,
mindfulness, and overall happiness. At Paychex, we believe that
happier and healthier employees create more engaged and productive
teams that best serve our customers and our communities.”
Gibson added, “This strong commitment to our own benefits and
well-being programs has allowed us to develop the deep insight and
expertise needed to help our small and medium-sized business
customers build affordable benefits strategies for their employees.
Offering a competitive benefits package is critical for them to
successfully compete against larger businesses for quality talent
in a tight labor market.”
Paychex offers employees holistic benefits like world-class
training, comprehensive medical and dental insurance, retirement
savings and financial wellness programs, and extended mental,
emotional, and physical resources such as the Employee Assistance
Program (EAP), resilience training, and virtual meditation.
The company also supports well-being within the communities the
company serves by contributing to local non-profit organizations
that address mental health, physical health, financial health, and
professional skills development. In 2023, the Paychex Charitable
Foundation awarded four $1 million grants in funding to Mental
Health America, Feeding America®, Junior Achievement USA®, and the
National Urban League.
“I am delighted to honor each and every one of these employers,
which demonstrably enhanced the health and well-being of employees
and their families through leading-edge initiatives,” said Ellen
Kelsay, Business Group on Health president and CEO. “In addition,
their novel and impactful approaches focused on critical workforce
issues, such as mental health and health equity. We congratulate
all the winners.”
A full list of winners is available here. To learn more about
Paychex employee benefits and well-being programs, visit our
benefits page.
About Paychex
Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company
delivering a full suite of technology and advisory services in
human resources, employee benefit solutions, insurance, and
payroll. The company serves approximately 740,000 customers in the
U.S. and Europe and pays one out of every 12 American private
sector employees. The more than 16,000 people at Paychex are
committed to helping businesses succeed and building thriving
communities where they work and live. To learn more, visit
paychex.com.
About Business Group on Health
Business Group on Health is the leading non-profit organization
representing large employers’ perspectives on optimizing workforce
strategy through innovative health, benefits and well-being
solutions and on health policy issues. The Business Group keeps its
membership informed of leading-edge thinking and action on health
care cost and delivery, financing, affordability and experience
with the health care system. Business Group members include the
majority of Fortune 100 companies, mid-sized companies, as well as
large public-sector employers, which collectively provide health
and well-being programs for more than 60 million individuals in 200
countries. For more information, visit
www.businessgrouphealth.org.
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Media Chelsea Wernick Public Relations Program Manager II
Office: (585) 216-2974 cwernick@paychex.com @Paychex
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