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Paylocity Holding Corp (Paylocity) is a provider of cloud-based solutions. It provides payroll and human capital management software solutions. The company offers products such as payroll, workforce management, human resource, talent, benefits, modern workforce, mobile, integration and data insight. Paylocity also offers other services such as implementation and client services; expense management and tax and regulatory services and implementation and training services. It also provides recruiting, onboarding, performance management, compensation management and learning management system (LMS) services. The company offers services to large, mid and small-sized industries including healthcare, transportation, logistics, business services, retail, restaurants, financial services, technology, manufacturing and others. Paylocity is headquartered in Schaumburg, Illinois, the US.
Headquarters
United States of America
Address
1400 American Ln, Schaumburg, Illinois, 60173-5452
Website
www.paylocity.com
Telephone
1 847 4633200
No of Employees
6,100
Industry
Technology and Communications
Ticker Symbol & Exchange
PCTY (NASD)
Revenue (2022)
$1.2B
37.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
55.1%
(2022 vs 2021)
Market Cap*
$8.9B
Net Profit Margin (2022)
XYZ
12.6%
(2022 vs 2021)
* As of and is in US$
Paylocity Holding Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Payroll | Implementation and Training Services |
| Workforce Management | Client Services |
| Human Resource | Human Capital Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In January, the company launched its new series of AI features built to streamline HR processes and deliver more personalized, modern employee experiences. |
| 2023 | Acquisitions/Mergers/Takeovers | In December, the company acquired TraceHQ.com, Inc. |
| 2023 | New Products/Services | In October, the company launched two new products, Recognition & Rewards and Employee Voice. |
Competitor Comparison
| Key Parameters | Paylocity Holding Corp | Automatic Data Processing Inc | Paychex Inc | UKG Inc | Paycom Software Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Schaumburg | Roseland | Rochester | Weston | Oklahoma City |
| State/Province | Illinois | New Jersey | New York | Florida | Oklahoma |
| No. of Employees | 6,100 | 63,000 | 16,600 | 15,000 | 7,308 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Steven I Sarowitz | Chairman | Executive Board | 2014 | 56 |
| Toby J Williams | Director; President; Co-Chief Executive Officer | Executive Board | 2022 | 49 |
| Steven R. Beauchamp | Co-Chief Executive Officer; Director | Executive Board | 2022 | 50 |
| Ryan Glenn | Chief Financial Officer; Treasurer | Senior Management | 2022 | 40 |
| Nicholas Rost | Vice President; Chief Accounting Officer | Senior Management | 2021 | 42 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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