Paychex number of employees

Paychex reported 17,600 employees at May 31, 2026 in its latest annual report, down 1,400 (7.4%) on the year before. That compares with 16,000 at May 31, 2022. Revenue per employee was $370,000.

Headcount by year

Fiscal year end	Employees	Change	Revenue per employee	Source
May 31, 2026	17,600	−1,400 (7.4%)	$370,000	10-K, filed July 17, 2026
May 31, 2025	19,000	+2,500 (15.2%)	$293,247	10-K, filed July 11, 2025
May 31, 2024	16,500	−100 (0.6%)	$319,897	10-K, filed July 11, 2024
May 31, 2023	16,600	+600 (3.8%)	$301,633	10-K, filed July 14, 2023
May 31, 2022	16,000	—	$288,231	10-K, filed July 15, 2022

What the annual reports say

Our Employees: As of May 31, 2026, we employed approximately 17,600 people, primarily in the U.S. and on a full-time basis. 2026 annual report
Our Employees: As of May 31, 2025, we employed approximately 19,000 people, primarily in the U.S. and on a full-time basis. 2025 annual report
Our Employees: As of May 31, 2024, we employed approximately 16,500 people, primarily in the U.S. and on a full-time basis. 2024 annual report
Our Employees: As of May 31, 2023, we employed approximately 16,600 people, primarily in the U.S. and on a full-time basis. 2023 annual report
Our Employees: As of May 31, 2022, we employed approximately 16,000 people, primarily in the U.S. and on a full-time basis. 2022 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

Compare with peers

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Figures from Paychex's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Paychex.