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Paychex Named One of the World's Most Ethical Companies® by the Ethisphere Institute for the 10th TimeROCHESTER, N.Y., Feb. 19, 2018 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World's Most Ethical Companies®. This is the 10th year Paychex has received this honor, which underscores its commitment to leading with integrity and prioritizing ethical business practices. "Our integrity as a company means everything to us," said Paychex president and CEO Martin Mucci. "We consider it our driving value, and it permeates our culture in the way our 14,000 employees consistently do the right thing for their clients and colleagues – not to mention the local communities they support with hands-on volunteering and fundraising. Businesses that rely on Paychex for payroll, HR, retirement, and insurance need to be able to count on us to have the highest ethical business practices. It's a responsibility we take very seriously." According to the Ethisphere Institute, 135 honorees were recognized this year, spanning 23 countries and 57 industries. The twelfth class of honorees had record levels of involvement with their stakeholders and their communities around the world. Measuring and improving culture, leading authentically, and committing to transparency, diversity, and inclusion were all priorities for honorees. "While the discourse around the wrld changed profoundly in 2017, a stronger voice emerged. Global corporations operating with a common rule of law are now society's strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World's Most Ethical Companies in particular continued to show exemplary leadership," explained Ethisphere's CEO, Timothy Erblich. "I congratulate everyone at Paychex for being recognized as one of the World's Most Ethical Companies." Ethics and Performance Methodology and Scoring Scores are generated in five key categories: ethics and compliance program (35 percent); corporate citizenship and responsibility (20 percent); culture of ethics (20 percent); governance (15 percent); and leadership, innovation, and reputation (10 percent). All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organizations. Honorees About Paychex About the Ethisphere Institute Paychex Media Contact: Ethisphere Media Contact: View original content with multimedia:http://www.prnewswire.com/news-releases/paychex-named-one-of-the-worlds-most-ethical-companies-by-the-ethisphere-institute-for-the-10th-time-300600642.html SOURCE Paychex, Inc. |