I chose Paychex, a leading payroll software provider because I have interacted with and benefited from its services for years. I was very proud to see it listed on the World’s Most Ethical Companies Ethisphere website and it has been awarded Honorees 15 times. I started to research deeply into the company’s efforts concerning Corporate Social Responsibility and sustainable business practices. Paychex invests a lot into their efforts to commit to Corporate Social Responsibility and many of their projects point to it. You can find a page on their website for every campaign that is dedicated to the many programs around CSR like philanthropy, energy conservation, sustainable supply chains, reducing carbon footprint, fair trade, community service, volunteerism, etc.
PayChex believes that charitable giving is engrained in its culture and is central to its corporate identity. Paychex Charitable Foundation was founded in 2014 and by this, they actively engage in providing support to the community. Just recently on November 11th, they posted on social media about their efforts to support the @GarySiniseFound’s mission of creating and supporting unique programs designed to entertain, educate, inspire, strengthen, and build communities. Paychex is committed to reducing the environmental impact that’s caused by its operations and they are constantly revising their Environmental Policy to align with their goal of achieving Net Zero greenhouse gas (GHG) emissions by 2050. Paychex is a supporter of the Task Force on Climate-related Financial Disclosures (TCFD).
Paychex has a record that speaks for itself when it comes to its accomplishments in Corporate Social Responsibility and sustainable business practices but if there’s something I would recommend it would be to partner with other companies who are also just as invested in the health and well-being of society and the environment and to create educational campaigns that would urge other companies, FANG and start-ups alike, and educate them on the benefits it will hold for the community at large. Also after looking through Glassdoor and reading some of the reviews left by employees who work at Paychex, it is clear that there is a disconnect between the upper management and those who work under them, especially those in payroll reps. This is made clear from the many reviews that expressed this dissatisfaction as a con of working in the company. Taking time to foster and grow the relationship between colleagues is very important to cultivating a healthy work environment and building trust.
Paychex is an extraordinary company and it has proved itself to be a strong advocate of Corporate Social Responsibility and being a business that adopts sustainable practices. I hope that they will continue these virtuous pursuits and be an example to other businesses.