In our increasingly digital and impersonal world, few companies have managed to retain their human touch. Paycom has never lost sight of this simple fact. For nearly 25 years, the company has built a reputation as one of America’s most trusted employers and HR solutions providers by championing the balance between personability and professionalism.
What is Paycom?
Paycom is an industry-leading cloud-based Human Capital Management (HCM) company headquartered in Oklahoma City, Oklahoma. The company has branches in 50 states in the country and can serve companies of different sizes.
The company is founded in 1998 by its CEO chad richison. The companies growing innovative focus, reputation, and impact have provided it with this place. Paycom holds many technological advancements in the business and keeps its branches connected with a variety of information from its cutting-edge technologies. Paycom provides a wide range of solutions for the employer, employee, and business owners to succeed.
How does Paycom Work?
It supplies every functionality necessary for human capital management ranging from recruitment to retirement. It also helps with replacements, hiring, and termination. It handles payroll, benefits management, and talent acquisition. Paycom handles recruitment and retention for small as well as large organizations.
You will find every aspect of human capital management functions in this cloud-based software. It is the most integrated HR solution that combines a wide range of solutions with one easy-to-use system. This allows you to get a high degree of employee engagement, real-time insight into operations, and effective governance.
Paycom operates with the vision of building a great place to work for employees and having them enjoy working in an environment. Any company can offer services to the clients and employees, but only a few can make it great for everyone to enjoy.
The company got this position due to three reasons. These are market definition, extensive survey, and company vetting. Its revenue is estimated to be $500 million. The company has been recognized before on Forbes’ top 100 on the list of 500 midsized employers. They are very innovative in what they do.
They are always at the forefront of technology and in their market. Paycom has an astonishingly high employee retention rate. Paycom has a good customer retention rate, and over 80% of its business comes from customer referrals. It is one of America’s most trusted employers by Newsweek.
Chad Richison has stated that their placement is a testament to the company’s hard work and has paid off greatly. Even though the company has been established for quite a long time, Chad is always pushing forward and trying new things.