A Letter From the Chief Ethics Officer

Rhea-AI Summary

Paychex emphasizes its commitment to ethical business practices in a recent letter from its Chief Legal and Ethics Officer, Stephanie Schaeffer. Founded in 1971, Paychex serves 730,000 clients with nearly 16,000 employees, focusing primarily on small businesses. The letter highlights the company's dedication to Environmental, Social, and Governance (ESG) initiatives, ensuring integrity in operations, community contributions, and workplace diversity. As the company navigates post-pandemic challenges, it remains focused on fostering a better world.

Positive

• Commitment to ethical standards and integrity.
• Focus on Environmental, Social, and Governance (ESG) initiatives.
• Strong employee base of nearly 16,000 serving 730,000 clients.

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• None.

NORTHAMPTON, MA / ACCESSWIRE / January 12, 2023 / What does it mean to work for a better world? At Paychex, it's something we've been doing since we first opened our doors for business in 1971. Back then, it meant helping a segment of the B2B market that had been overlooked - small businesses - with payroll processing services geared to their unique needs.

As we've grown to the company we are today, with nearly 16,000 employees serving 730,000 clients, we've remained steadfast in holding ourselves to the highest standards of ethics. After all, our clients trust us with their most confidential data about their employees and their business.

That integrity is foundational - and is felt in every area of our business. Our employees live and breathe our integrity value, our processes and policies revolve around it, and we're known for our commitment to doing business the right way.

So while ethical behavior will always be table stakes for us, ESG is about applying that integrity across everything that touches our business - from how we use energy in our operations; to how we contribute to the quality of life in the communities we serve; to how we establish our governance framework; to how our workplace is a place of diversity, equity, and inclusion.

As chief ethics officer, I'm incredibly proud of what we've accomplished since beginning our official corporate social responsibility journey just a few years ago. With business, social, and geopolitical environments facing tremendous challenges as we emerge from the pandemic, working for a better world has never been more important.

Thank you,

Stephanie Schaeffer
Chief Legal and Ethics Officer
Paychex, Inc.

See the entire Paychex FY22 Environmental, Social, and Governance Report here.

View additional multimedia and more ESG storytelling from Paychex, Inc. on 3blmedia.com.

Contact Info:
Spokesperson: Paychex, Inc.
Website: https://www.3blmedia.com/profiles/paychex-inc
Email: info@3blmedia.com

SOURCE: Paychex, Inc.

View source version on accesswire.com:
https://www.accesswire.com/735126/A-Letter-From-the-Chief-Ethics-Officer

FAQ

What are Paychex's commitments in 2023?

In 2023, Paychex emphasizes its commitment to integrity and Environmental, Social, and Governance (ESG) initiatives.

How many clients does Paychex serve?

Paychex serves approximately 730,000 clients.

What is the significance of ESG for Paychex?

ESG is significant for Paychex as it reflects their commitment to ethical practices, community contributions, and diversity in the workplace.

Who wrote the recent letter from Paychex's Chief Ethics Officer?

The letter was written by Stephanie Schaeffer, Paychex's Chief Legal and Ethics Officer.