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DowntownMan 03-16-2016, 11:03 AM I've heard some pretty bad stories about how they treat their employees. Not sure how much is founded and how much is just b*tching from disgruntles.
A 6 story garage will be a bit taller than all their other buildings so far. Everything they have built has been just 3 stories tall. Obviously office floors are taller than parking garage floors, but I'd have to think 6 stories will make this the tallest structure on their campus.
Richard at Remax 03-16-2016, 04:50 PM They must be doing pretty ok. The owner has a hell of a estate up in far NW Edmond
Anonymous. 03-16-2016, 04:54 PM A 6 story garage will be a bit taller than all their other buildings so far. Everything they have built has been just 3 stories tall. Obviously office floors are taller than parking garage floors, but I'd have to think 6 stories will make this the tallest structure on their campus.
This is pretty funny if you actually meant to quote that. He is talking about totally different kinds of "stories" lol!
NWOKCGuy 03-16-2016, 05:40 PM I know a few people that work there and they love it.
I know a few people that work there and they love it.
Me too.
DowntownMan 03-16-2016, 06:41 PM This is pretty funny if you actually meant to quote that. He is talking about totally different kinds of "stories" lol!
Nope accidentally hit reply with quote instead of just relying to thread.
warreng88 05-16-2018, 08:33 AM Paycom buys 4.5 adjacent acres
By: Brian Brus The Journal Record May 15, 2018
OKLAHOMA CITY – Paycom is extending its reach in northwest Oklahoma City.
The publicly traded payroll and personnel software company recently purchased three parcels of land near N. Rockwell Avenue and Memorial Road. The total cost was $736,000, according to Oklahoma County assessor public records.
Paycom’s corporate headquarters is at 7501 W. Memorial, about half a mile to the west of that intersection on the John Kilpatrick Turnpike. Traffic has easy access to the office building in one direction, but to go back requires twice as much driving to get around the turnpike.
Phillip Mazaheri, one of the retail investment brokers who handled the transaction with Paul Ravencraft and George Williams, said the company wanted more direct traffic access to Rockwell – sort of a back door to avoid the major intersection.
A Paycom company spokesman confirmed the need for a private road to alleviate traffic snarls. The company was unable to provide more information about the project by deadline.
Of the 4.5 acres purchased, the largest parcel came from Greystone Presbyterian Church, according to county assessor records. Greystone is the former name of Connecting Point Presbyterian. The property is a long, narrow strip that runs east-west directly past The Shores apartment complex. The other purchased properties belonged to WP Land LLC and D.R. Horton Texas Ltd.
Paycom has shown solid financial growth lately, with reported revenue up 29 percent for the most recent quarter over the same period a year earlier. The company announced net income of $41.2 million, or 70 cents per diluted share, for the quarter that ended March 31. Paycom earlier announced an increase of $100 million in its stock repurchase plan and a subsequent extension of that program into 2020.
I took this photo about a month ago and have been meaning to post it.
The work in the back of their campus is for a new park.
http://www.okctalk.com/images/pete/paycom041618.jpg
DowntownMan 05-16-2018, 08:59 AM Here is the property they purchased for their new road to connect to Rockwell. There is utility marking flags in the area so it appears this will be happening soon
okatty 10-12-2018, 09:06 PM They are having some kind of party tonight! It’s rocking at Paycom. I’d like to know who the entertainer is.
Dustin 10-12-2018, 09:25 PM They are having some kind of party tonight! It’s rocking at Paycom. I’d like to know who the entertainer is.
Gavin Degraw and Flo Rida apparently according to twitter.
okatty 10-12-2018, 09:28 PM ^Nice...thanks. It’s booming!
gopokes88 10-12-2018, 09:49 PM It’s their 20th anniversary party
okatty 10-12-2018, 09:51 PM They are entertaining half of NW OKC with the music!! Ha
Dustin 10-12-2018, 10:05 PM Paycom is an outstanding company and we are lucky to have them here. I know a few people who work there that absolutely love it.
okatty 10-12-2018, 10:10 PM Agree with that....especially their stock performance (other than last few days :) .
OKC Guy 10-13-2018, 12:35 PM I know this won’t happen but I would propose a Cali UTurn at Council. Since the road runs over the turnpike how can this happen without major work?
My idea:
Take the northbound Council right lane at Mem East and make it right turn only.
Make the left of the 2 northbound lanes non right turning and can only go straight (north) or left onto Mem westbound.
Now, make the westbound Mem lane (prior to Council) a dedicated uturn lane and it will run south in the taken northbound Council right lane going over turnpike (so would travel south in the most eastern lane next to edge)
Put concrete barriers starting from west Mem left lane and turning left (south) across overpass and dumping onto east Mem.
So after exiting Paycom the left western lane of Mem would have no light as it would do a uturn over the Council overpass and dump into east Mem.
This would leave only 1 lane going northbound Council over turnpike. Would basically have 3 lanes southbound (the normal 2 plus protected uturn lane with concrete barriers)
I may not have explained this right but it would work for awhile until they figure out something better. Its the same concept as the one under Penn/Mem except on top and stealing a northbound lane.
Tell me why this would not work. You can still turn left to Mem east in the normal southbound Council left turn lane. You can still go north over turnpike. But now you keep traffic flowing out of Paycom afternoon rush.
Also need to make a long right turn lane on Mem westbound at Council.
okatty 10-13-2018, 01:08 PM ^Im for anything that would make it better! I just avoid memorial at all costs early in the AM and at 5 PM as it is now.
New parking garage going up, to be located directly north of existing structure:
http://www.okctalk.com/images/pete/paycom042119a.jpg
Teo9969 04-24-2019, 09:47 PM A few weeks back the north-side exit finally opened. It goes up north to the edge of the property line and then 90-degree angles to the East.
5pm traffic is never going to be great, but it looks to have cut the duration of absurd traffic times in half.
That being said, they'll finish this garage within 18-24 months and if growth continues at a breakneck pace, begin work on a 5th building sometime between 2021 and 2022 and all the traffic is going to come back :(
catch22 04-24-2019, 09:59 PM Given that it is a self imposed traffic jam, why don’t they stagger their shift times. 1/3rd at 4:30, 1/3rd at 5pm, and a 3rd at 5:30?
Teo9969 04-25-2019, 10:15 PM Given that it is a self imposed traffic jam, why don’t they stagger their shift times. 1/3rd at 4:30, 1/3rd at 5pm, and a 3rd at 5:30?
Shifts are staggered to some degree. The employee count on campus has increased significantly since I started in May 2017 but I can tell you that the traffic between 7:40 and 8:10AM has improved by leaps and bounds which can only really be attributed to more staggered shift times.
The thing that increases traffic times so much is that driving on campus requires swiping our badge at the gate before the car even rolls on to campus and the need for anybody who has forgotten their badge to check-in thereby slowing traffic in one of the entrance lanes. This is never going to change due to the security needs of the company.
All that being said, the Rockwell outlet has helped tremendously and as long as the police continue to direct traffic between 7:45 and 8:00 and 5:00 and 5:15, everything should really be good to go.
Zuplar 04-26-2019, 09:17 AM Shifts are staggered to some degree. The employee count on campus has increased significantly since I started in May 2017 but I can tell you that the traffic between 7:40 and 8:10AM has improved by leaps and bounds which can only really be attributed to more staggered shift times.
The thing that increases traffic times so much is that driving on campus requires swiping our badge at the gate before the car even rolls on to campus and the need for anybody who has forgotten their badge to check-in thereby slowing traffic in one of the entrance lanes. This is never going to change due to the security needs of the company.
All that being said, the Rockwell outlet has helped tremendously and as long as the police continue to direct traffic between 7:45 and 8:00 and 5:00 and 5:15, everything should really be good to go.
They could do like other companies do and those people with a pikepass could be programmed to automatically validate the car.
OKC Guy 04-26-2019, 09:28 AM They could do like other companies do and those people with a pikepass could be programmed to automatically validate the car.
They would never do this due to to security. Your method only approves the car not the person.
But maybe they could create an RFID type solution for their personal badges? Put a chip in badge and its associated with badge number. Have an express main entry gate where you just hold your badge up to side window and a scanner registers its valid and opens a gate. Could perfect this so gate stay open but closes if a car is not scanned. Scanner can be back a bit from gate so this allows a better flow without stopping. If a toll gate can read car then same application but would be on the badge instead. Plus HR would be able to go into master database and deactivate badge readers for terminated employees and activate for new ones. Forget your badge? Have to go in other manual line and wait. Lose your badge? HR deactivates plus a $25 charge to reissue.
One flaw: Would have to figure out how to handle multiple poeple in one car though.
jn1780 04-26-2019, 09:42 AM They would never do this due to to security. Your method only approves the car not the person.
But maybe they could create an RFID type solution for their personal badges? Put a chip in badge and its associated with badge number. Have an express main entry gate where you just hold your badge up to side window and a scanner registers its valid and opens a gate. Could perfect this so gate stay open but closes if a car is not scanned. Scanner can be back a bit from gate so this allows a better flow without stopping. If a toll gate can read car then same application but would be on the badge instead. Plus HR would be able to go into master database and deactivate badge readers for terminated employees and activate for new ones. Forget your badge? Have to go in other manual line and wait. Lose your badge? HR deactivates plus a $25 charge to reissue.
One flaw: Would have to figure out how to handle multiple people in one car though.
Its an added expense that would still have issues not always scanning due to interference. Badges already have a cheaper form of RFID technology. There is also the "big brother" aspect to it that people may not like. Paycom could start micromanaging and tracking employee movements within their building ,but their are certain lines they choose not to cross even though its their right to do so.
Could be wrong. but doubt they make every passenger in a car scan their badges at the gate. I'm sure a lot of people car pool.
The security aspect is that you have "one" key for you use for a car and for the building along with specific areas in that building.
PaddyShack 04-26-2019, 10:47 AM We use the pike pas to enter our garages, but then each person then has to badge separately to get inside the building. Plus there are security personnel who monitor morning and evening times making sure every one badges into the building. We haven't had any security problems with this.
Zuplar 04-26-2019, 11:39 AM We use the pike pas to enter our garages, but then each person then has to badge separately to get inside the building. Plus there are security personnel who monitor morning and evening times making sure every one badges into the building. We haven't had any security problems with this.
Yeah American Fidelity was the example I was thinking of. The Pikepass is just to get your vehicle on campus. You'd still use badges elsewhere. I see no reason Paycom should have more security than AFA.
WhoRepsTheLurker 04-26-2019, 01:40 PM A few weeks back the north-side exit finally opened. It goes up north to the edge of the property line and then 90-degree angles to the East.
5pm traffic is never going to be great, but it looks to have cut the duration of absurd traffic times in half.
That being said, they'll finish this garage within 18-24 months and if growth continues at a breakneck pace, begin work on a 5th building sometime between 2021 and 2022 and all the traffic is going to come back :(
LOL. I live off Rockwell. My average time on Rockwell from Kilpatrick Exit to garage is 20 minutes now. It use to take 5 minutes during that 5pm rush. Rockwell probably needs to be 4 lanes from Memorial to 164th with some prioritized signals at the rush times.
Mballard85 04-26-2019, 01:49 PM LOL. I live off Rockwell. My average time on Rockwell from Kilpatrick Exit to garage is 20 minutes now. It use to take 5 minutes during that 5pm rush. Rockwell probably needs to be 4 lanes from Memorial to 164th with some prioritized signals at the rush times.
I agree, until they put a stop light at 150th and add 2 lanes it will be a disaster. Memorial is still a nightmare too, it's not as bad as it once was, but its certainly not smooth sailing.
I find the security argument to be ridiculous, I have spoken to many Paycom employees about it and its pretty much a consensus that its overkill. I understand the kind of information they have and are in charge of, but right across the street Farmers houses their National Document Center which contains access to all customers information and its nothing like Paycom. Until they decide to make some procedural changes to their shifts and security, the issue will not go away. It will only get worse because they keep hiring and adding more people to the area.
OKC Guy 04-26-2019, 02:45 PM Its an added expense that would still have issues not always scanning due to interference. Badges already have a cheaper form of RFID technology. There is also the "big brother" aspect to it that people may not like. Paycom could start micromanaging and tracking employee movements within their building ,but their are certain lines they choose not to cross even though its their right to do so.
Could be wrong. but doubt they make every passenger in a car scan their badges at the gate. I'm sure a lot of people car pool.
The security aspect is that you have "one" key for you use for a car and for the building along with specific areas in that building.
I actually think they have security overkill now. I was merely responding to poster who said every car has to stop at the entrance drive gate thus backing up/slowing down traffic entering. The RFID was just a comment on how they could speed it up. It was not meant to be a good fiscal reason or to argue merits of all their security, just throwing a dart how they could speed up traffic flow in morning rush.
The whole complex is a mess road wise because:
- Paycom likely did not foresee this kind of growth
- Paycom was built on a one way road thus creating a traffic funnel
- OKC has spent zero to little expanding Memorial ahead of Paycom/other expansion
- Turnpike exit/entry ramp locations in vicinity
Its criminal that OKC has not expanded Memorial road. Could have done so 3 years ago before the mad rush. Now just imagine the new DeerCrest complex on east side of Rockwell which is not just Wal Mart but a bigger commercial complex with more traffic in an already bad road area. Then at some point the vacant land next to Paycom all the way to Rockwell will likely be developed at some point.
To now go in and expand Memorial just imagine the nightmare construction. Paycom keeps adding jobs and I think is over 3,000 now. And OKC is doing nothing (at least publicly) to ease the pain. The economic ripple from Paycom is huge yet a traffic nightmare.
Maybe OKC should have bought one of those big empty lots and made a huge parking lot for workers and built Streetcar for same workers to ride to work as “last mile” (sarcasm)
The whole Memorial corridor needs a major study to expand Memorial Toad and put Cali Uturns at every over/underpass too. From Council to Western the Memorial road system is a total failure.
jn1780 04-26-2019, 03:19 PM I actually think they have security overkill now. I was merely responding to poster who said every car has to stop at the entrance drive gate thus backing up/slowing down traffic entering. The RFID was just a comment on how they could speed it up. It was not meant to be a good fiscal reason or to argue merits of all their security, just throwing a dart how they could speed up traffic flow in morning rush.
The whole complex is a mess road wise because:
- Paycom likely did not foresee this kind of growth
- Paycom was built on a one way road thus creating a traffic funnel
- OKC has spent zero to little expanding Memorial ahead of Paycom/other expansion
- Turnpike exit/entry ramp locations in vicinity
Its criminal that OKC has not expanded Memorial road. Could have done so 3 years ago before the mad rush. Now just imagine the new DeerCrest complex on east side of Rockwell which is not just Wal Mart but a bigger commercial complex with more traffic in an already bad road area. Then at some point the vacant land next to Paycom all the way to Rockwell will likely be developed at some point.
To now go in and expand Memorial just imagine the nightmare construction. Paycom keeps adding jobs and I think is over 3,000 now. And OKC is doing nothing (at least publicly) to ease the pain. The economic ripple from Paycom is huge yet a traffic nightmare.
Maybe OKC should have bought one of those big empty lots and made a huge parking lot for workers and built Streetcar for same workers to ride to work as “last mile” (sarcasm)
The whole Memorial corridor needs a major study to expand Memorial Toad and put Cali Uturns at every over/underpass too. From Council to Western the Memorial road system is a total failure.
No worries. Didn't really mean to sound like I was debating the use of RFID or anything. Really, if they want to make it like getting into a military base they should build longer drives that can hold more waiting cars.
Teo9969 04-26-2019, 11:31 PM They would never do this due to to security. Your method only approves the car not the person.
But maybe they could create an RFID type solution for their personal badges? Put a chip in badge and its associated with badge number. Have an express main entry gate where you just hold your badge up to side window and a scanner registers its valid and opens a gate. Could perfect this so gate stay open but closes if a car is not scanned. Scanner can be back a bit from gate so this allows a better flow without stopping. If a toll gate can read car then same application but would be on the badge instead. Plus HR would be able to go into master database and deactivate badge readers for terminated employees and activate for new ones. Forget your badge? Have to go in other manual line and wait. Lose your badge? HR deactivates plus a $25 charge to reissue.
One flaw: Would have to figure out how to handle multiple poeple in one car though.
All of this is current state process, except for rather than "main gate" there are three "main gates". And I guess the technology is slightly different in that instead of holding up to your cars side window, you hold it up to a badge scanner. The difference between the two is non-consequential
It turns out that moving more than 1,000 cars in and out of any parking lot/structure at the same time is a recipe for congestion no matter where you're located.
I agree, until they put a stop light at 150th and add 2 lanes it will be a disaster. Memorial is still a nightmare too, it's not as bad as it once was, but its certainly not smooth sailing.
I find the security argument to be ridiculous, I have spoken to many Paycom employees about it and its pretty much a consensus that its overkill. I understand the kind of information they have and are in charge of, but right across the street Farmers houses their National Document Center which contains access to all customers information and its nothing like Paycom. Until they decide to make some procedural changes to their shifts and security, the issue will not go away. It will only get worse because they keep hiring and adding more people to the area.
The security issue is a big part of Paycom's sales model. The reality is that companies are being breached left and right. If Equifax is getting breached and hundreds of millions of people's personal data is being compromised, how much more should businesses be taking security seriously. Sure, it sometimes feels like overkill, but I think it's the responsible approach. And again, while not having any security measures in place might improve the flow of traffic - 1,000+ cars entering/leaving a parking lot at the same time is a congested proposition even if there are no security measures in place.
...
Could be wrong. but doubt they make every passenger in a car scan their badges at the gate. I'm sure a lot of people car pool....
Every passenger provides their badge when entering.
Teo9969 04-26-2019, 11:41 PM In other news, The stock closed over $200.00 today and Paycom is now valued at over $11.5B.
Considering that the stock turned 5 years old this month and was valued at $760M at the IPO, I guess the traffic problems are understandable. Most $500M+ companies don't grow by 1,500% in 5 years.
okatty 04-27-2019, 08:12 AM ^Stock performance has just been incredible. Bought some early on in ‘14 at around $15 and only regret is I should have bought more!
OkiePoke 04-27-2019, 08:02 PM Earnings is next week. I wish I bought more as well. Beating estimates for Q1 may be difficult but PAYC keeps hitting it out of the park.
okatty 04-27-2019, 08:40 PM Yes, PE is high and have to think there is already a lot of expectation baked in. I’d expect some correction either related to earnings or later Q2. But they just keep on plugging.
chuck5815 04-28-2019, 10:05 AM Would be fantastic if Paycom actually started paying its employees some fair wages!
OKC Guy 04-28-2019, 12:45 PM Would be fantastic if Paycom actually started paying its employees some fair wages!
This can be a double edged sword. If they pay more then perhaps they don’t grow as fast nor hire as many workers.
On the flip side they have a young workforce and higher turnover. So its a great first or second job for a lot of employees who gain work experience. Then they move on with that experience to other better playing jobs in the metro. That experience is a plus for the other companies who hire them. So in a small way they are a feeder system for other companies needing experienced workers.
Its not black and white but their growth has been huge and the lower wages have allowed them to be competitive vs competition and keep gaining market share. At a point they will start keeping more and more of the experienced workers and wages will creep up. I’d rather OKC have 3,000 lower wage jobs than 2,000 higher. Its a place for college or even less than college aged workers to get a decent job, and gain experience.
BoulderSooner 04-29-2019, 06:19 AM Would be fantastic if Paycom actually started paying its employees some fair wages!
this is lol paycom pays very well, has great benifits .. and has tons of room for advancement
Mballard85 04-29-2019, 08:05 AM this is lol paycom pays very well, has great benifits .. and has tons of room for advancement
Paycom has a pretty average starting salary for a 4 year degree requiring position, the benefits are not great aside from the healthcare for employee only plans, it is $1 a pay period. But as soon as you try to put a child or spouse on that plan you loose that benefit. The PTO is certainly not something I would consider great, its could be a lot worse though. They also have almost zero benefits or assistance for new moms either, in the 3rd trimester you get a preferred parking space, but that is about it.
At this point it is clear that some people on here absolutely love Paycom and some that dont, that is fine, but lets not make it out to be something that its not. They have a very high turnover due to workload and time expectations, with a few procedural changes they could turn that around pretty quickly.
jn1780 04-29-2019, 08:46 AM Paycom has a pretty average starting salary for a 4 year degree requiring position, the benefits are not great aside from the healthcare for employee only plans, it is $1 a pay period. But as soon as you try to put a child or spouse on that plan you loose that benefit. The PTO is certainly not something I would consider great, its could be a lot worse though. They also have almost zero benefits or assistance for new moms either, in the 3rd trimester you get a preferred parking space, but that is about it.
At this point it is clear that some people on here absolutely love Paycom and some that dont, that is fine, but lets not make it out to be something that its not. They have a very high turnover due to workload and time expectations, with a few procedural changes they could turn that around pretty quickly.
Its great out of college and you don't care about work/life balance. My company has hired a handful of former Paycom workers. For an IT company, the pay is just OK.
My wife worked there for 6 months before getting pregnant. She didn't go back because it would have been end of year tax season and would have had to work 50 plus hours a week. I told her she should just quit and be a stay at home mom for awhile.
Teo9969 04-29-2019, 09:59 PM Paycom has a pretty average starting salary for a 4 year degree requiring position, the benefits are not great aside from the healthcare for employee only plans, it is $1 a pay period. But as soon as you try to put a child or spouse on that plan you loose that benefit. The PTO is certainly not something I would consider great, its could be a lot worse though. They also have almost zero benefits or assistance for new moms either, in the 3rd trimester you get a preferred parking space, but that is about it.
At this point it is clear that some people on here absolutely love Paycom and some that dont, that is fine, but lets not make it out to be something that its not. They have a very high turnover due to workload and time expectations, with a few procedural changes they could turn that around pretty quickly.
This question may deserve its own thread, but I'd love to know what other employers in Oklahoma are paying for health insurance. I can tell you that in my position I see a LOT of payroll and though I don't have really any exposure to Oklahoma based companies, adding anyone on but yourself to most employer's plans is a costly endeavor. Not many companies are giving away coverage to their employees if a spouse or kids come into the picture. I think given the percentage of households that have two income earners, the EE coverage at $26/year probably works out great for a lot of families.
The PTO while also not great, is better than a LOT of companies. This is another area that I see a lot of and while Paycom's policy 2 years ago was significantly further behind, it's really designed well around the first years culture of the company -- no sense in handing out a bunch of PTO to employees early on when 1. there is relatively high turnover and 2. it's not a great idea for employees to take too much time off in their 1st year or two anyway. But 20 days vacation, 5 days sick, and 9 holidays (6 company, 3 floating), at the 4 year mark could be a lot worse.
Also, for the 5+ years that Paycom has been building the reputation of providing "sub-par benefits" the stock incentives have probably been life changing for hundreds of people. Considering how easy it would have been to amass 500 shares if you have been at the company since the IPO and you held onto shares, you're likely sitting on somewhere between $50k and $250k of extra wealth due to stock incentives/purchases. Not super helpful to all of the different people who flamed out over the years, or people who, due to lower wages, needed to sell that stock as soon as possible, make no mistake - it has made a huge wealth impact in this community.
Mballard85 04-30-2019, 08:46 AM This question may deserve its own thread, but I'd love to know what other employers in Oklahoma are paying for health insurance. I can tell you that in my position I see a LOT of payroll and though I don't have really any exposure to Oklahoma based companies, adding anyone on but yourself to most employer's plans is a costly endeavor. Not many companies are giving away coverage to their employees if a spouse or kids come into the picture. I think given the percentage of households that have two income earners, the EE coverage at $26/year probably works out great for a lot of families.
The PTO while also not great, is better than a LOT of companies. This is another area that I see a lot of and while Paycom's policy 2 years ago was significantly further behind, it's really designed well around the first years culture of the company -- no sense in handing out a bunch of PTO to employees early on when 1. there is relatively high turnover and 2. it's not a great idea for employees to take too much time off in their 1st year or two anyway. But 20 days vacation, 5 days sick, and 9 holidays (6 company, 3 floating), at the 4 year mark could be a lot worse.
Also, for the 5+ years that Paycom has been building the reputation of providing "sub-par benefits" the stock incentives have probably been life changing for hundreds of people. Considering how easy it would have been to amass 500 shares if you have been at the company since the IPO and you held onto shares, you're likely sitting on somewhere between $50k and $250k of extra wealth due to stock incentives/purchases. Not super helpful to all of the different people who flamed out over the years, or people who, due to lower wages, needed to sell that stock as soon as possible, make no mistake - it has made a huge wealth impact in this community.
My biggest issue with the PTO is that its not enough when you take into consideration the workload and expectations put on entry level positions. A large portion of Paycom's work force work extended hours every day and for a period of the year that can stretch into 7 days a week. When you have people working those hours having a generous PTO plan should be available.
As I have mentioned in this thread before, my wife is a 6 year employee of Paycom so I am not ignorant to the way they work, she knows my stance on them and for the most part agrees that they are behind in certain areas.
When you have a company that bills itself as the It company to work for, you'd expect them to go above and beyond, but Paycom doesn't do that. Take a few minutes and talk to your female coworkers who have had children while employed at Paycom, see how much help they received, its a joke. I stated earlier that they get a preferred parking space at their 3rd trimester, that was a mistake, its actually 36 weeks, otherwise they are stuck walking often from super long distances, this is an example of an antiquated point of view that should exist. I know that Stacy Pezold worked really hard on getting more benifits for expecting families but was stonewalled almost from the get go by the board, this was obviously prior to her leaving.
Teo9969 04-30-2019, 10:27 PM My biggest issue with the PTO is that its not enough when you take into consideration the workload and expectations put on entry level positions. A large portion of Paycom's work force work extended hours every day and for a period of the year that can stretch into 7 days a week. When you have people working those hours having a generous PTO plan should be available.
As I have mentioned in this thread before, my wife is a 6 year employee of Paycom so I am not ignorant to the way they work, she knows my stance on them and for the most part agrees that they are behind in certain areas.
When you have a company that bills itself as the It company to work for, you'd expect them to go above and beyond, but Paycom doesn't do that. Take a few minutes and talk to your female coworkers who have had children while employed at Paycom, see how much help they received, its a joke. I stated earlier that they get a preferred parking space at their 3rd trimester, that was a mistake, its actually 36 weeks, otherwise they are stuck walking often from super long distances, this is an example of an antiquated point of view that should exist. I know that Stacy Pezold worked really hard on getting more benifits for expecting families but was stonewalled almost from the get go by the board, this was obviously prior to her leaving.
Don't get me wrong - I'm not saying it's even a great benefits package. I just think that in all fairness, the discussion outside of Paycom seems to revolve a bit more around reputation than reality. It's clearly a benefit offering built for the young single individual. The target employee demographic has shifted and it's not easy to make a sudden change to those offerings. Improvements will either be made or turnover will get worse and the prospective applicant pool will continue to shrink due to reputation. I'm sure this is why an increased focus has been made on expanding operations in DFW.
I do think maternity and child care is the next area they're going to need to focus on improving as far as benefits are concerned.
mugofbeer 05-01-2019, 08:54 PM Seems in DFW, the vast level of competition would require they offer and pay more.
Teo9969 05-03-2019, 11:25 PM Seems in DFW, the vast level of competition would require they offer and pay more.
What is a respectable minimum starting salary to compete in DFW?
mugofbeer 05-03-2019, 11:33 PM Talk to HR.
Teo9969 05-04-2019, 01:42 PM Talk to HR.
Seems like a cop out response. It should be pretty easy to put a specific number out there. Is it $45k/year, $55k/year, $75k/year?
Mballard85 05-04-2019, 04:11 PM What is a respectable minimum starting salary to compete in DFW?
Just doing quick research and Grapevine is about 44% higher than OKC. The entire area around Grapevine is pretty expensive.
Teo9969 05-04-2019, 05:28 PM So what's a respectable starting salary in Oklahoma City? We'll take x and multiple it by 1.44 and we can have an idea of what Paycom will need to meet.
I feel like most routine entry level people in Paycom are probably entering at between $40k and $45k and depending on what role you're in at the three month mark you should be grossing around $50k then between 12 and 18 months you'll be $60k - $70k.
I mean, it's not great, but are those types of jobs going unfilled and getting quickly turned-over in Dallas because it's such low pay?
TheTravellers 05-04-2019, 05:46 PM So what's a respectable starting salary in Oklahoma City? We'll take x and multiple it by 1.44 and we can have an idea of what Paycom will need to meet.
I feel like most routine entry level people in Paycom are probably entering at between $40k and $45k and depending on what role you're in at the three month mark you should be grossing around $50k then between 12 and 18 months you'll be $60k - $70k.
I mean, it's not great, but are those types of jobs going unfilled and getting quickly turned-over in Dallas because it's such low pay?
Wow, Paycom must be a fantastic place to work - I have *never* seen anybody (regular workers, not execs) at any place I've worked (a dozen, maybe) over the past 40 years get a $20K-30K raise in 12-18 months (for reference I'm a UNIX systems admin, been one (that and mainframe) for 30+ years). If I got raises (which didn't always happen), it was 1-3% per year, which was pretty standard across the board for people doing my kind of work, from what I saw.
Teo9969 05-04-2019, 06:35 PM Wow, Paycom must be a fantastic place to work - I have *never* seen anybody (regular workers, not execs) at any place I've worked (a dozen, maybe) over the past 40 years get a $20K-30K raise in 12-18 months (for reference I'm a UNIX systems admin, been one (that and mainframe) for 30+ years). If I got raises (which didn't always happen), it was 1-3% per year, which was pretty standard across the board for people doing my kind of work, from what I saw.
As noted by many - you work for that money. Nobody is putting in 40 hours a week and there are some positions that have you working 50 hours/week pretty soon after training, but the lower front end pay probably helps weed out people not into long hours. In fact, a year and half ago, most of the starting salaries were in the low 30s before the jump to the 50k range about 2 years in, I would imagine that was raised as many were flaming out and the reputation was starting to take hold.
And I should note that when I say entry level that's entry level with degree, as opposed to truly entry level positions (obviously receptionists are not grossing $50k/year).
Thomas Vu 05-04-2019, 07:16 PM I haven't seen numbers like that, especially in the tech field, that didn't involve leaving for another company.
mugofbeer 05-04-2019, 10:03 PM Seems like a cop out response. It should be pretty easy to put a specific number out there. Is it $45k/year, $55k/year, $75k/year?
Copout response to what? All l said was that it would seem logical salaries and benefits in DFW would be higher due to massive competition. What's there to cop out to?
gopokes88 05-05-2019, 09:18 AM As noted by many - you work for that money. Nobody is putting in 40 hours a week and there are some positions that have you working 50 hours/week pretty soon after training, but the lower front end pay probably helps weed out people not into long hours. In fact, a year and half ago, most of the starting salaries were in the low 30s before the jump to the 50k range about 2 years in, I would imagine that was raised as many were flaming out and the reputation was starting to take hold.
And I should note that when I say entry level that's entry level with degree, as opposed to truly entry level positions (obviously receptionists are not grossing $50k/year).
Um duh? That’s why it’s called work everyone
This isn’t that complicated.
If you want to work your a** off. And I mean work your a** off, help grow a company and capture a chunk of the company’s growth, (I know of at least 15 people who have over 100k in paycom stock because of their tremendous stock options and growth) and get to 6 figures in under 5 years, paycom is the place for you. Work/life balance isn’t a thing. If you want to make money go to paycom.
If all the other parts of a job are more important to you paycom isn’t going to be a fit.
There aren’t a lot of companies that can offer paycom’s grow with the company through stock options opportunity. It’s quietly made a lot of people in this city incredibly wealthy. And with payroll processing and compliance only continuing to grow in complexity, the stock has a ton of room to keep running.
Teo9969 05-05-2019, 09:35 AM Copout response to what? All l said was that it would seem logical salaries and benefits in DFW would be higher due to massive competition. What's there to cop out to?
The cop out is from providing a number. I had asked what a reasonable starting salary in DFW looks like and your answer was "Talk to HR" as opposed to providing a data point around which a discussion can be focused. This argument from my side is stemming from a conversation topic where many keep arguing that Paycom does not pay well but nobody is saying what pay well means.
OKC Guy 05-05-2019, 12:52 PM I don’t know why anyone would complain about a OKC based headquarters company. This is exactly what the anti oil crowd wants as a hedge against oil prices falling. It may not be perfect but is a great fit here. It maximizes the lower cost of labor and gives new young grads a great start in the working world. Even non grads can find work. Its not a polluting type company. Not every job can be $100k or more. If one thinks about it their competition is “mature” where the costs are much higher. This gives Paycom ability to grow and take market share. We should all be happy to have a home grown company headquarters like this here.
mugofbeer 05-05-2019, 04:38 PM The cop out is from providing a number. I had asked what a reasonable starting salary in DFW looks like and your answer was "Talk to HR" as opposed to providing a data point around which a discussion can be focused. This argument from my side is stemming from a conversation topic where many keep arguing that Paycom does not pay well but nobody is saying what pay well means.
First and formost lm not arguing anything here. I simply made an observation.
Pay is a field in and of itself and 3 dimensional moving science. Depends on the location, the industry, supply and demand for workers and the time period being considered. DFW is absolutely booming with totally diverse new business, many small and some colossal (such as Toyota, 2 -3 different national insurance companies, Chase, Schwab and many, many others. I am not answering your question because I'm not a payroll expert, in that field of business or located in DFW anymore to know the true cost of living. I dont answer legal questions because lm not a lawyer. I'm not an engineer either so l`m not going to question the flyability of the 737-Max. I could venture a complete throw-it-against-the-wall-and-see-if-it-sticks guess based on Denver but Denver is a lot more expensive than DFW so my guess would be of no use. - which is why l said "talk to HR." Capice? Move on.
bombermwc 05-06-2019, 08:24 AM Don't get me wrong - I'm not saying it's even a great benefits package. I just think that in all fairness, the discussion outside of Paycom seems to revolve a bit more around reputation than reality. It's clearly a benefit offering built for the young single individual. The target employee demographic has shifted and it's not easy to make a sudden change to those offerings. Improvements will either be made or turnover will get worse and the prospective applicant pool will continue to shrink due to reputation. I'm sure this is why an increased focus has been made on expanding operations in DFW.
I do think maternity and child care is the next area they're going to need to focus on improving as far as benefits are concerned.
So turnover is only an issue for them if they are trying to retain talent. To be frank, it feels like their target audience for recruiting is that 1st job out of college person. Work them hard and squeeze all you can out of them before they have the experience to get on somewhere else. Personally, i feel like the way they treat their employees is a prime example of what's wrong with corporate America today. But they, like a lot of corporations, dont have anything pushing back against them, so they keep doing it. They woo people with their gym/coffee/lunch/etc...the kind of crap millennials think is important and cool with a job. Only after they work a while, do they realize how UN-important and meaningless those things are and how working 60+ hours a week isn't worth it.
Will it catch up with them? Who knows. But i can't say that i've ever talked to someone that ever worked at Paycomm, and enjoyed it or stayed for any length of time. Those two things probably go together, im sure.
I'm all for diversifying the economy and i'm very happy Paycom can be there. I just wish they (and so many other companies) would invest in their employees more and spend less time focussing on their investor earnings. Same old argument we've had in the world since the dawn of wealth, I guess. The wealthy walking on the workers that got them the wealth they had.
I wonder what would happen if a certain percentage of profit was required by law to be returned to the employee either in benefits or pay.......On second thought, they would just find some loophole to reduce standard wages/benefits. The old politicians budget shuffle.
Executionist 05-12-2019, 09:11 AM Back to the Paycom traffic issue, there were survey crews out last Friday doing work along Memorial, on the north side, west of Rockwell, between the intersection and the Paycom entrance. Not sure if this is related to Paycom or development on that empty NW corner.
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