Glassdoor is your free inside look at Paycom Payroll reviews and ratings - including employee satisfaction and approval ratings for Paycom Payroll CEO Chad Richison. All 58 reviews are 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
4 people found this helpful
Former Employee – worked at Paycom Payroll full-time for more than a year
Pros – The company has a great product that excels in its targeted market. The compensation is very lucrative and the total compensation (salary, commission, benefits, stock options, 401k, President's Club, etc.) is hard to beat. All aspects of the sales role are highly micro-managed. This is not a job for experienced sales professionals. If you are fresh out of college or in your first 1-3 years in the workplace, this is a great company to make great earnings and learn a tremendous amount about professional B2B sales. Warning: the work environment is a pressure cooker. Even when you are over plan you will still feel burdened for not having more deals to bring in. This lends itself to very high turnover. There are very few sales reps that have been with the company more than 2-3 years. Overall, you can make a great living for 1-3 years if you can put up with the stress; not a great place for the development of a long term career.
Cons – Overall pressure cooker in sales. Reps are highly micro-managed and there is very little career trajectory for the vast majority. New reps come in and out on a regular basis.
Advice to Senior Management – The number one reason reps stay at Paycom is the compensation; however there are many other factors to reduce turnover that aren't being explored at all. Focus on developing a better work environment so that your employees feel valued and not like just a YTD number on the leader board.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-12-29 11:16 PST
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
1 person found this helpful
Current Employee – been working at Paycom Payroll
Pros – Nice facility. They have a gym for all the employees to use and they also cater lunch for 4$. New building.
Cons – The application process is ridiculous. I took 5 tests and had 4 interviews before they even offered me a job-then one week later they rescinded the offer without even telling me why.
Advice to Senior Management – Fix your application process. It sucks.
2012-12-28 13:06 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
5 people found this helpful
Former Employee – worked at Paycom Payroll full-time for more than a year
Pros – Base Salary is great
regional managers are all good!
Cons – First of all I'm not a bitter former employee who got fired. I left on my own terms and was number 1 in my office.
- work hours - expect to be there from 7am till at 530 on office days which are Mon, Tues and Fri. Field days are Wed and Thurs and BE EXPECTED to work from home. They have things that aren't in "selling hours"...for example if you have a business case write which could take an hour or two then do that at home. Research the company you're meeting for the rest of the week at home.
- they ask current reps to write GOOD reviews on here because their turnover rate is bad and for all you candidates that look on here it makes it look like its a great place to work. in my training class of 12 - one year later I was the only one left.
- you end up taking your work home and thinking about it and checking your phone at all hours.
- you're just a number to them - If you're not setting 6 appointments a week with CFOs of companies of 75 employees or more then they're on you're back (which I guess is like any other sales job).
- after you sign a client up you have to do a lot of work. You sell the account, then you have to get all the paperwork, then you have to train everyone.
- Phone canvassing - 4 hours of non stop calling the same people who hung up on you last week every Tuesday and Friday. You will have around 150-175 people that you can call. All of them have been called by the previous Paycom rep.
- they ask you to be "bright and loud" when phone canvasser interviews to come in so it looks like a great company culture.
- Everyone there is young because they hire young people as they know they're willing to put in the hours and the amount of work they throw at you.
Advice to Senior Management – Treat people like people, and not just numbers!
No, I would not recommend this company to a friend
2012-11-19 09:33 PST
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