# Paycom

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American information technology company

For the arena, see [Paycom Center](/source/Paycom_Center).

Paycom Software, Inc. Trade name Paycom Type Public Traded as NYSE: PAYC S&P 600 component ISIN US70432V1026 Industry SaaS HCM Founder Chad Richison Key people Chad Richison (CEO) Shane Hadlock (CCO and President) Randy Peck (COO) Bob Foster (CFO) Services Cloud-Based Payroll Software SaaS HCM Revenue US$2.05 billion (2025) Operating income US$567 million (2025) Net income US$453 million (2025) Total assets US$7.6 billion (2025) Total equity US$1.73 billion (2025) Number of employees 5,800 (2025) Website paycom.com Footnotes Financials as of December 31, 2025[update].[1]

**Paycom Software, Inc.**, known simply as **Paycom**, is an online payroll and human resource software provider based in [Oklahoma City, Oklahoma](/source/Oklahoma_City%2C_Oklahoma), with offices throughout the United States.[3][4] It is attributed with being one of the first fully online payroll providers.[5] Founded in 1998, it reported annual revenue of $2.052 billion for 2025, up from $1.883 billion for 2024.[6][7]

## History

Paycom was founded in 1998 by [Chad Richison](/source/Chad_Richison), who previously worked in the payroll processing industry.[8] It began as an online payroll service provider for businesses, and expanded to offer additional services including [human resource management](/source/Human_resource_management) in 2001.[3] On April 15, 2014, Paycom opened for trade on the [New York Stock Exchange](/source/New_York_Stock_Exchange) under the ticker symbol PAYC.

In 2011, it released additional services including [E-Verify](/source/E-Verify), [onboarding](/source/Onboarding), [expense management](/source/Expense_management), and [document storage](/source/Cloud_storage).[9] In 2014, Paycom built a 90,000-square-foot addition to its headquarters—effectively doubling the size of its offices.[10] The company completed construction on its third and fourth buildings (in 2016 and 2018, respectively). In 2024, it opened its fifth building, bringing the total square-footage of its corporate campus to 815,000.[11][12][13] In May 2022, Paycom held a grand opening ceremony for a new 150,000 square-foot operations center in [Grapevine](/source/Grapevine%2C_Texas), [Texas](/source/Texas).[14]

CEO Chad Richison was the highest paid executive in the United States in 2020, earning $211.13 million from Paycom as part of a 10-year performance contract. The compensation consists mostly of stock shares that only vest if the company reaches specific stock price benchmarks by 2026 and 2030.[15][16]

In 2021, Paycom announced the release of Beti, an enhancement to its payroll system allowing employees to complete their own payroll.[17] Later that year, they bought the [naming rights](/source/Naming_rights) to the [Paycom Center](/source/Paycom_Center), home of the [Oklahoma City Thunder](/source/Oklahoma_City_Thunder).[18]

In 2023, the company expanded its Global HCM offerings, providing access in more than 190 countries.[19]

In December 2023, Paycom announced its next step in HR automation, GONE, a decisioning logic enhancement to existing Time-Off Request software.[20]

In July 2025, Paycom launched IWant™,[21] a command-driven AI engine allowing users to seek information about employee data without having to navigate through the software.[22]

## References

1. **[^](#cite_ref-1)** ["Paycom Software, Inc. Reports Fourth Quarter and Year-End 2025 Results"](https://investors.paycom.com/news/news-details/2026/Paycom-Software-Inc--Reports-Fourth-Quarter-and-Year-End-2025-Results/default.aspx). *investors.paycom.com*. Retrieved 2026-02-18.

1. **[^](#cite_ref-2)** ["Chad Richison, Paycom"](https://journalrecord.com/2025/12/16/chad-richison-power-list-influential-2025/). December 16, 2025. Retrieved May 21, 2026.

1. ^ [***a***](#cite_ref-TheOklaDobles_3-0) [***b***](#cite_ref-TheOklaDobles_3-1) Stafford, Jim (18 March 2008). ["Paycom's work pays off, local online payroll, human resources service company extends national reach"](http://newsok.com/article/3217459). *[The Oklahoman](/source/The_Oklahoman)*. Retrieved 25 November 2013.

1. **[^](#cite_ref-4)** Lawson, Michael S. (2010). *Leading Change in Turbulent Times: How Effective Leaders Execute Change and Land Safely in Health and Business*. AuthorHouse. [ISBN](/source/ISBN_(identifier)) [978-1-4520-9289-8](https://en.wikipedia.org/wiki/Special:BookSources/978-1-4520-9289-8).

1. **[^](#cite_ref-THJrecordpredicts_5-0)** Bruns, Brian (25 August 2011). ["Paycom CEO predicts company growth"](http://journalrecord.com/2011/08/25/paycom-ceo-predicts-company-growth-finance/). *The Journal Record*. Retrieved 25 November 2013.

1. **[^](#cite_ref-6)** ["Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results"](https://investors.paycom.com/news/news-details/2025/Paycom-Software-Inc.-Reports-Fourth-Quarter-and-Year-End-2024-Results/default.aspx). *investors.paycom.com*. Retrieved 2025-02-17.

1. **[^](#cite_ref-7)** ["Paycom Software, Inc. Reports Fourth Quarter and Year-End 2025 Results"](https://investors.paycom.com/news/news-details/2026/Paycom-Software-Inc--Reports-Fourth-Quarter-and-Year-End-2025-Results/default.aspx). *investors.paycom.com*. Retrieved 2026-02-11.

1. **[^](#cite_ref-ExectQA_8-0)** Mecoy, Don (29 November 2009). ["Loss leaves boss driven to succeed"](http://newsok.com/article/3421130). *The Oklahoman*. Retrieved 25 November 2013.

1. **[^](#cite_ref-9)** Black, Ron (26 August 2011). ["Paycom Celebrates Grand Opening of New National HQ"](http://www.ronblackradio.com/2011/08/paycom-celebrates-grand-opening-of-new.html). *Ron Black Radio*. Retrieved 25 November 2013.

1. **[^](#cite_ref-PaycomBuilt_10-0)** Bailey, Brianna (9 June 2014). ["Paycom projects growth at Oklahoma City headquarters"](http://newsok.com/paycom-projects-growth-at-oklahoma-city-headquarters/article/4875349). *The Oklahoman*.

1. **[^](#cite_ref-newsok.com_11-0)** ["Oklahoma City-based Paycom stock soars after second quarter growth"](https://oklahoman.com/article/5603385/oklahoma-city-based-paycom-stock-soars-after-second-quarter-growth/). *Oklahoman.com*. August 2, 2018.

1. **[^](#cite_ref-PaycomCampus_12-0)** Money, Jack (9 February 2017). ["Strong Paycom earnings report sends stock soaring"](http://newsok.com/article/5537498). *The Oklahoman*.

1. **[^](#cite_ref-13)** ["The Oklahoman Subscription Offers, Specials, and Discounts"](https://subscribe.oklahoman.com/restricted?return=https%3A%2F%2Fwww.oklahoman.com%2Fstory%2Fnews%2Ftechnology%2F2024%2F09%2F03%2Fpaycom-doubled-workforce-during-covid-leads-to-hq-facility-expansion%2F74832761007%2F&gps-source=CPROADBLOCKDH&itm_source=roadblock&itm_medium=onsite&itm_campaign=premiumroadblock&gca-cat=p&slug=restricted&redirect=true&offer=W-HZ&theme=twentyfour&hideGrid=true&gnt-eid=control). *subscribe.oklahoman.com*. Retrieved 2025-01-18.

1. **[^](#cite_ref-14)** ["S&P 500 giant Paycom opens highly anticipated Grapevine center, its second-largest office"](https://www.dallasnews.com/business/2022/05/11/sp-500-giant-paycom-opens-highly-anticipated-grapevine-center-its-second-largest-office/). *Dallas News*. 2022-05-11. Retrieved 2022-06-02.

1. **[^](#cite_ref-15)** Gelles, David (2021-04-24). ["C.E.O. Pay Remains Stratospheric, Even at Companies Battered by Pandemic"](https://www.nytimes.com/2021/04/24/business/ceos-pandemic-compensation.html). *The New York Times*. [ISSN](/source/ISSN_(identifier)) [0362-4331](https://search.worldcat.org/issn/0362-4331). Retrieved 2021-04-25.

1. **[^](#cite_ref-16)** Reuter, Dominick. ["The CEO of a company you've probably never heard of earned $211 million in compensation last year — and the title of highest-paid chief executive, according to a new ranking"](https://www.businessinsider.com/2020-highest-paid-ceo-211-million-paycom-chad-richison-2021-4). *Business Insider*. Retrieved 2021-05-20.

1. **[^](#cite_ref-17)** Griffin, David. ["Paycom Launches New Self-Managed Payroll System"](https://www.news9.com/story/60e5a9120758770c23d32eea/paycom-launches-new-selfmanaged-payroll-system). *www.news9.com*. Retrieved 15 July 2021.

1. **[^](#cite_ref-18)** Crain, Nick. ["Thunder Announce 15-Year Naming Rights Agreement With Oklahoma City-Based Paycom"](https://www.forbes.com/sites/nicholascrain/2021/07/27/thunder-announce-15-year-naming-rights-agreement-with-oklahoma-city-based-paycom/). *Forbes*.

1. **[^](#cite_ref-19)** DeRose, ByAdam. ["Paycom expands its global footprint"](https://www.hr-brew.com/stories/2023/09/11/paycom-expands-its-global-footprint). *HR Brew*. Retrieved 2026-03-26.

1. **[^](#cite_ref-20)** Barth, Jill (2024-08-27). ["Unveiling the winners: 2024 Top HR Tech Products of the Year"](https://hrexecutive.com/unveiling-the-winners-2024-top-hr-tech-products-of-the-year/). *HR Executive*. Retrieved 2025-01-24.

1. **[^](#cite_ref-21)** Links, May Contain Affiliate (2025-08-21). ["HR Executive Announces Top HR Products of 2025, AI solutions like Paycom's IWant rise to top"](https://www.dailycal.org/affiliate_links/hr-executive-announces-top-hr-products-of-2025-ai-solutions-like-paycom-s-iwant-rise/article_14653216-832c-4aba-b7fc-6a8fd02080a8.html). *www.dailycal.org*. Retrieved 2025-08-22.

1. **[^](#cite_ref-22)** ["Paycom launches IWant AI engine for employee data access"](https://www.streetinsider.com/Corporate+News/Paycom+launches+IWant+AI+engine+for+employee+data+access/25118897.html). *StreetInsider.com*. Retrieved 2025-07-30.

## External links

- [Official website](https://www.paycom.com)

- Business data for Paycom Software, Inc.: - [Google](https://www.google.com/finance/quote/PAYC:NYSE) - [Reuters](https://www.reuters.com/markets/companies/PAYC.N) - [SEC filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001590955) - [Yahoo!](https://finance.yahoo.com/quote/PAYC)

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Adapted from the Wikipedia article [Paycom](https://en.wikipedia.org/wiki/Paycom) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Paycom?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.