Paychex – “Rewards for tenure not competence”
Pros
Stability of the company and the market we serve is a huge value proposition
The large client base inwhich to sell our products and services to
Our Health and Benefits are good - even in light of the recent economic reductions
Cons
There is a huge double standard at Paychex - corporate. Tenure always out weights competency or results.. There are good people who have worked at Paychex for 20 years and thats all they know - but in this new ecomony and business climate, new ideas, skills and approaches are required and the tenured people tend to be be part of the problem and not the solution. Management seam to be isolated and not in tune with the issues and gets advice from these tenured people that are not always accurate.
Advice to Senior Management
Out with the old and in with the new.... Open up your eyes to the new economy and business climate. Walk the talk, don't just say the all the right things, take action with new ideas and people..