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Paycom continues to see strong growth

Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman]

Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman]

Oklahoma City-based Paycom Software Inc. saw its one-year total returns for investors grow by 26.5 percent over the year as it continues to grow its workforce in Oklahoma City.

The Oklahoma City-based human resources technology company is seeing aggressive growth to its client base nationwide, said Stacey Pezold, chief operating officer of Paycom.

"Paycom has really been a growth company since inception," Pezold said. "What is really interesting about that is the continuation of that growth.

Paycom has opened six new sales offices this year, and has expanded its line of human resources products it offers to clients.

CEO Chad Richison said customers like the company's products and services.

“Our technology continues to resonate well in the market and has helped position us to continue to reinvest in our business and growth initiatives,” Richison said.

The company sees regulation and compliance as a big growth area, as employers wade through changes in insurance requirements through the Affordable Care Act and changes to rules on overtime pay through the Fair Labor Standards Act.

"Our clients continue to look to us as an expert in all things regulation and compliance," Pezold said. "We also continue to be a communications conduit between employers and employees."

The tech company, saw its revenues grow by 53.9 over the previous year. Earnings per share grew by 112.9 percent over the previous year.

Paycom Software Inc. is already out of room on its campus in far Northwest Oklahoma City and is building a fourth building to accommodate more growth.

The company expects to hire 1,090 people over the next five years. Paycom had 1,461 at the end of 2015.

Paycom is having no problem finding talented, skilled workers to accommodate that growth in Oklahoma City, Pezold said.

"We are confident in our ability to attract and retain top talent," she said. "We believe in the other key to that success giving them a culture in which they want to stay and not just have a job but to truly have a career — we are very proud of that."

Related Photos
<p>This is the Paycom campus in Northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman]</p>

This is the Paycom campus in Northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman]

<figure><img src="//cdn2.newsok.biz/cache/r960-d4bb681cbae0c7d03f288d6e19b4ffd6.jpg" alt="Photo - This is the Paycom campus in Northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] " title=" This is the Paycom campus in Northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> This is the Paycom campus in Northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-3a69440423f35563caf4f92d63f7f8e6.jpg" alt="Photo - Paycom's campus in Northwest Oklahoma City features a gymnasium for employees. [Photo by Paul Hellstern, The Oklahoman] " title=" Paycom's campus in Northwest Oklahoma City features a gymnasium for employees. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> Paycom's campus in Northwest Oklahoma City features a gymnasium for employees. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-245ba4d0a57e94596a519b59c55e5db0.jpg" alt="Photo - Work is proceeding on a new building at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] " title=" Work is proceeding on a new building at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> Work is proceeding on a new building at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-8cecbb534a4fc08043d96c4bed527736.jpg" alt="Photo - Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman] " title=" Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-77e05ece8d1e5f2343144f599b8a8206.jpg" alt="Photo - Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman] " title=" Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-fa4aee85d0ff85aee080b2a97c7d0fc6.jpg" alt="Photo - Representatives work at at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] " title=" Representatives work at at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> Representatives work at at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-b05675a574c49b8ceac53c8a8d6bd1d8.jpg" alt="Photo - Employees attend a training class at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] " title=" Employees attend a training class at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> Employees attend a training class at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-163c96081c2b93ad0e7cb864f4ad8304.jpg" alt="Photo - An atrium in an office building at Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman] " title=" An atrium in an office building at Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> An atrium in an office building at Paycom's campus in northwest Oklahoma City is shown. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-4ecff4fdc12061d1e7c41188dcbfde01.jpg" alt="Photo - This is Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] " title=" This is Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> This is Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-09c54fb08035d152067616eeb8a0d1e7.jpg" alt="Photo - Representatives work at at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] " title=" Representatives work at at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> Representatives work at at Paycom's campus in northwest Oklahoma City. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-fd66ffcc6bb548e8b1863cebe9de1d87.jpg" alt="Photo - The Paycom campus has a large employee dining area. [Photo by Paul Hellstern, The Oklahoman] " title=" The Paycom campus has a large employee dining area. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> The Paycom campus has a large employee dining area. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure><figure><img src="//cdn2.newsok.biz/cache/r960-4ed8bcd0bb39267db46308a8f03050a2.jpg" alt="Photo - Employees attend a training class at Paycom's campus. [Photo by Paul Hellstern, The Oklahoman] " title=" Employees attend a training class at Paycom's campus. [Photo by Paul Hellstern, The Oklahoman] "><figcaption> Employees attend a training class at Paycom's campus. [Photo by Paul Hellstern, The Oklahoman] </figcaption></figure>
Brianna Bailey

Brianna Bailey joined The Oklahoman in January 2013 as a business writer. During her time at The Oklahoman, she has walked across Oklahoma City twice, once north-to-south down Western Avenue, and once east-to-west, tracing the old U.S. Route 66.... Read more ›

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