Paychex Named to Selling Power’s 2024 “60 Best Companies to Sell For” List

Rhea-AI Summary

Paychex has been named to Selling Power's 2024 '60 Best Companies to Sell For' list for the 11th time. This recognition highlights Paychex's commitment to fostering a top-tier sales organization and delivering exceptional value to customers and employees. The company's sales team leverages advanced technologies and strong cross-departmental partnerships to optimize efficiency and respond to market shifts.

The ranking methodology evaluates companies based on factors including company overview, compensation and benefits, hiring and training practices, diversity and inclusion efforts, and AI incorporation in sales processes. Mark Bottini, Senior VP of Sales at Paychex, emphasized the company's focus on equipping sales professionals with unmatched tools, development opportunities, and solutions to help them reach their full potential.

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has once again been named to the Selling Power 60 Best Companies to Sell For list. This is the 11^th time Selling Power magazine has included Paychex on this annual list of top sales organizations.

“It’s an honor for Paychex to be recognized by Selling Power as a top sales organization,” said Mark Bottini, senior vice president of sales at Paychex. “Our inclusion for the 11^th time shows the impact Paychex has on our customers and employees by delivering on our purpose of helping businesses succeed. We continue to equip our sales professionals with the tools, development opportunities, and a solutions portfolio that is unmatched to help them reach their fullest potential. This enables us to attract and retain top talent across the industry.”

The Paychex sales organization is strategically designed to create strong partnerships across the company among sales, service, marketing, finance, strategy, and product. This supports the ability of the sales team to adjust and respond to market shifts and further help businesses implement HR, employee benefits, insurance services and payroll solutions to meet their needs. The Paychex sales team has continued to leverage advanced technologies to optimize and drive efficiency within the sales process to reduce administrative tasks and deliver best-in-class experiences to prospective customers.

The methodology for the ranking is the result of years of research, according to Selling Power. Based on a proprietary methodology developed over several years, companies are ranked in each of the following categories to determine the list:

(1) Company overview
(2) Compensation and benefits
(3) Hiring, sales training, and sales enablement
(4) Commitment to fostering diversity and inclusion
(5) AI incorporation into improving sales processes

The companies included on the list have sales forces ranging from fewer than 100 salespeople to companies with salesforce numbers in the thousands.

“The Best Companies to Sell For have mastered the alignment of people, processes, and technologies and have created sales organizations that excel in hiring, onboarding, training, and compensation of their salespeople,” said Gerhard Gschwandtner, founder and CEO of Selling Power. “What attracts salespeople to work for these leading organizations is their outstanding cultures, their commitment to diversity, and their steady support of the sales team by servant leadership and the introduction of process improving technologies. All of this, combined, provides meaningful work environments that offer unlimited opportunities to win.”

"These companies aim at a higher level of professionalism and trust, which in turn leads to increased sales and a lower turnover of the sales force," Gschwandtner continued.

The full list of the 60 Best Companies to Sell For in 2024 can be viewed here: sellingpower.com/lists/2024/60-best-companies-to-sell-for.

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 over 745,000 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240717217957/en/

Chelsea Wernick

Public Relations Program Manager II

(585) 216-2974

cwernick@paychex.com

@Paychex

Source: Paychex, Inc.

FAQ

What recognition did Paychex (PAYX) receive in 2024?

Paychex (PAYX) was named to Selling Power's 2024 '60 Best Companies to Sell For' list for the 11th time.

How does Paychex (PAYX) support its sales team?

Paychex (PAYX) equips its sales team with advanced technologies, development opportunities, and a comprehensive solutions portfolio to optimize efficiency and respond to market shifts.

What criteria were used to rank companies on Selling Power's 2024 list?

The ranking criteria included company overview, compensation and benefits, hiring and training practices, diversity and inclusion efforts, and AI incorporation in sales processes.

How many times has Paychex (PAYX) been included in Selling Power's list?

Paychex (PAYX) has been included in Selling Power's 'Best Companies to Sell For' list 11 times.

What is the size range of sales forces for companies on the 2024 Selling Power list?

The companies on the 2024 Selling Power list have sales forces ranging from fewer than 100 salespeople to thousands.