Glassdoor is your free inside look at Paycom Payroll reviews and ratings — including employee satisfaction and approval rating for Paycom Payroll CEO Chad Richison. All 58 reviews posted anonymously by Paycom Payroll employees.
85% of the CEO
Chad Richison
1 person found this helpful
Current Employee – been working at Paycom Payroll full-time for more than a year
Pros – - I decide how much money I make!
- Great environment, management, and benefits!
- We have an amazing product!
- Love it!
Cons – - Long interview process.
- Hard work, but it pays off big time $$$
Advice to Senior Management – Please continue to be support and amazing!
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-01-09 11:32 PST
1 person found this helpful
Former Employee – worked at Paycom Payroll full-time for more than a year
Pros – Decent products offered and a fair and reasonable price. Not sure what else I can say for pros.
Cons – Paycom was a crazy place to work. I was one of 18 reps that had three managers in our region, which got trimmed to 3 sales reps. I did well there, but seeing new people working at the desk next to mine every month was getting old. I love all the other cheerleader posts that give 5 stars and say what an awesome place it is to work. They love that Paycom cool aid!
Advice to Senior Management – Good luck
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2013-04-02 19:07 PDT
3 people found this helpful
Current Employee – been working at Paycom Payroll full-time for more than a year
Pros – Paycom has great compensation all around, and great benefits. Continual education for all employees is essential to the success with Paycom. Every week, they provide the all departments with training. Paycom knows that each employee needs to personally grow, if they are going to grow professionally. Management really does have your back and will go to bat for you when needed. We are continually growing, double in size on average every two years. You have yet to hear layoff and Paycom in the same sentence. It is nice to know that there is stability with the company!
Cons – For Sales Reps - You will work a lot of hours, especially in the beginning, and it is not for the sales rep that just wants to hit quota. You are in charge of the whole sell cycle, so be prepared for cold calling and face to face appointments.
All team members - The department you work in wants to be the best, so the expect every member of the team to work that same mentality. We only hire the best of the best!
Advice to Senior Management – Don't jump on problems that need to be looked at 2 or 3 times before reacting.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-11-30 13:49 PST
4 people found this helpful
Current Employee – been working at Paycom Payroll full-time for more than 3 years
Pros – Paycom has a great culture, good benefits, and very pleasant perks. $4 catered lunches give you a good lunch option. Employee health insurance premium is only $1 per bi-weekly pay-period. The gym is great to have around to exercise before or after work, or shoot some hoops or play ping-pong during lunch. The year-end party is a great way to celebrate all of the hard work required for year-end workload.
Cons – Family health insurance is not subsidized by the company, which increases cost drastically.
Rumors of going public have been tossed around for years now with no definite time frame given by management.
The year-end party is nice, but it would also be nice to have a year-end bonus to go with it.
Advice to Senior Management – Be honest to employees and do anything within reason to reduce voluntary and involuntary turnover. Offer more than just a year-end party in the form of a year-end bonus to share the success of the company with the employees who make Paycom what it is.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-11-01 22:05 PDT
5 people found this helpful
Current Employee – been working at Paycom Payroll full-time for less than a year
Pros – - Opportunity to meet and work with people from different industries and build great relationships
- Every day is new and different
- Great team to work with, everyone is uplifting, fun, and positive
- Compensation plan is amazing with benefits
-Continued training from the team and upper management
- Must be willing to compete and put in the work to see the reward
- Competitive atmosphere, great for former athletes or anyone with that mindset
Cons – - The days can and will be longer than 8-5
- Because every day is different, there are some days that are more challenging than others
- Everyone takes a different amount of time to feel comfortable knowing the product, you must be okay with feeling out of your element for awhile
- Sometimes territory is further away from the office than most and involves a lot of driving
Advice to Senior Management – Continue to:
- Give constructive criticism and coach us to be the best we can be
- Reward (give praise) us when we follow through with challenges set
- Motivate all the reps differently in how we best respond to that motivation
Advice:
- Do not provide negative incentives/unproductive criticism when we aren't doing as well as we want
- More training up front for new reps to feel more confident going out into the field
- More field rides with current reps prior to making your own calls
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-10-18 05:52 PDT
3 people found this helpful
Current Employee – been working at Paycom Payroll full-time for more than a year
Pros – The pay salary is very competitive coming out of college. It is $50,000 per year plus commission. The company is also very competitive in the industry.
Cons – There are no cons I can think of other then the typical cons of any sales job such as continuous cold calling.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-09-27 07:47 PDT
Current Employee – been working at Paycom Payroll full-time for less than a year
Pros – The pro's for working for Paycom is that this company gives you the tools in order for you to be successful! Therefore, with their team atmosphere, and team oriented model, a person is bound to be successful from their drive and determination from within!
Cons – As for me, I have not seen any flaws while working at Paycom. This company is well developed, giving one another, advice or help along the way. No job is going to be easy, therefore as a dedicated person who wants to be successful; Paycom is the company for you! The Training, the managers, everything is well developed helping you as person become better by making sure you are equipped with what you need to exceed!
Advice to Senior Management – Overall, I believe our management team is excellent! If it was not for them and their advice along the way, it would be hard to really grow as a company unlike we have today. They have set the standards and goals with in each office, giving us as sales representatives the drive and determination we need in order to succeed and be successful within the company.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-10-08 13:09 PDT
6 people found this helpful
Former Employee – worked at Paycom Payroll full-time for more than a year
Pros – - Let me start out by saying this position exceeded every single one of my expectations!
- Great atmosphere in the Denver office. All your colleagues are young outstanding professionals who work hard and play hard. You're never short on people to turn to or learn from and every member of the team is committed to your success. They're also great at making you laugh and helping you unwind during those tough days.
- The Denver office has arguably the best manager in the company. He's very much committed to your success and ANYTHING he can do to help you out he will. Very easy to talk to and I don't think he ever got mad when our office made mistakes, instead he works with you to turn mistakes into great learning moments. He was also very quick to ride along with you and provide a ton of support on tough accounts. Its rare you find people like him and he was a huge positive factor in my decision to work for Paycom.
- Extremely high compensation: $50K base plus uncapped commissions. I know every sales positions says "high earning potential", but at Paycom there's nothing fishy about it and I would say expect to make somewhere in the area of $65K-$75K your first year.
- Tons of huge accounts in your territory, these usually equate to commission checks of $10,000 or more! Imagine paying off your credit cards, car payments, and student loans in one commission check.
- Great opportunity to build excellent business acumen and overall business knowledge. You meet a ton of great C-level executives and business owners who really rub off on you.
- Excellent on going training and support.
- You get to manage your own business, territory, and time. Other than a two schedule phone canvassing times and a few trainings you get to plan your day.
Cons – - Job can really become stressful when you have more "to do" items than hours in the day. Most of the "to do" items are time sensitive and really require your immediate attention and this can cause your activity to slip.
- The stress of work tends to follow you home on evenings and weekends. But this is common of most highly compensated positions.
- Very little vacation time off your first year. The first year on the job is tough and becomes even harder when you have very little time off and really need a mental break.
- I didn't have this issue, but some territories can be far which can put extra wear and tear on your car.
Advice to Senior Management – - Continue to: create excitement through incentives and contests!
- Continue to: reach out to reps during breaks and off hours to check on stress levels, accounts, and motivate reps through tough times.
- Continue to: have managers ride along with reps and get in the trenches with reps! This was my favorite part and was a huge lift during the tough days.
- Start: to really work with reps on ways to deal with "burned" prospects.
- Stop: Threatening reps with write ups, pay cuts, and demotions. The job is very stressful and becomes even more stressful when faced with these looming threats. I would say to only resort to these options as an extreme last resort.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-09-13 12:40 PDT
4 people found this helpful
Current Employee – been working at Paycom Payroll full-time for less than a year
Pros – -Rewarding
-You are in charge of most of your schedule, you must be a self starter
-Great Pay
-Everyone wants you to succeed
-The harder you work the better you get at it
-I am exhausted, but it feels so worth it
Cons – -Lots of hours.
-It's harder when you first start. You have to get through it and believe that your work will pay off
-Less free time. You have to manage time well
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-09-13 06:17 PDT
4 people found this helpful
Current Employee – been working at Paycom Payroll full-time for more than 8 years
Pros – Paycom is a really amazing, dynamic company! Since I started as a sales rep in 2005, there have been so many changes. We've grown from about 50 employees up to over 600 employees. Everything does move very fast paced, here, and we do only want people who are self-motivated, capable, and adaptable to help us all be successful! There are more opportunities at Paycom than any other company I've known. It is the most challenging yet rewarding job I have been fortunate enough to find. The job I had before this one cannot even compare.
You have to be a positive and competitive person to exceed in sales here; you have to welcome a challenge to make it at any position here at Paycom. The great part is, they do give you the tools you need to be successul! It's up to you to do it.
Our industry in general is constantly changing, and it affects every company in the U.S.A. in a big way! I'm proud to be a part of one of the largest and fastest growing business service solutions in the United States. Every company out there has a mission, and we help them accomplish that mission by streamlining the backend of their operations, keeping them in compliance, and allowing them to spend more time on more mission critical activities.
Paycom invests a lot of energy into keeping all our employees trained on the constant changes in our industry, on new legislation, new developments to our product, how to do our jobs better, and how to help our clients accomplish their goals. I can't tell you how much I've learned and grown with Paycom, and how I really consider the great people I work with family.
Cons – When I say that working at Paycom is a challenge, I'm not kidding. We want to be the best, so there's no room for dead weight. It may sound harsh, but what I mean is, we're not looking for average. We're not looking for someone who just wants a paycheck but doesn't want to work a lot for it.
You have to be willing to learn. This is not an industry where once you get through initial training, you know it all. No one knows it all, because it's always changing. Every time a new law comes out, every time current laws change, we have to be ready for it. It's a very complicated industry, and you have to be willing to change a long with it.
You're experience with Paycom is going to be governed by how you react to this enviroment. The right people are willing to work hard and are going to step up to the plate and get ready for any curve balls that may be thrown at you. If you are that type of person, you will be successful at Paycom and enjoy the rewards that follow.
Advice to Senior Management – Keep adding the new developments! It makes it more exciting every time I can call someone and tell them about something new! I love it!
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-09-13 09:16 PDT
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