They are expecting to have the traffic light operational by the end of the week at NW 143rd and Rockwell.

http://www.okctalk.com/images/pete/paycom052619a.jpg

That's a lot of land they could expand on if they so choose to.

That's a lot of land they could expand on if they so choose to.

They don’t own the land to the east (that big section next to Memorial). Unless they buy it they can only go back. My understanding is due to flight path of Wiley Post they can’t go up. They do own the tree filled land to the west to Council but it has a creek going through. And I think they want to keep it nature like. Not 100% sure if they could build on it either.

It looks like an apartment complex. I hope that's what they were going for.

Looking back across the years in this thread, many of the earlier questions involved WHY a company would locate way out where they did. It seems their expansion explains that, perhaps. I'm not jumping into the urban/suburban debate, but it would have been a challenge to expand as they have, had they located in the OKC core.
I know some have said they didn't envision the breadth of expansion, but still...

Also, and this is a genuine question, having worked recently in HR, it seems there's a significant portion of the workforce that prefers to move around, and it may not signify dissatisfaction with a particular employer (sorry if this is off topic). I realize income and benefits are significant, but we've recently seen that retaining new hires for a long time may not be feasible, and its not clear why....

My understanding is due to flight path of Wiley Post they can’t go up.

I'm not questioning your understanding but that doesn't make sense. The north end of the runway at Wiley Post is more than 4 miles south of Paycom. It's no longer used for commercial flights so why would such a restriction exist?

It looks like an apartment complex. I hope that's what they were going for.

I think this is a joke, but just in case someone reads this and doesn't realize that, the buildings in the foreground of the picture are apartments and the Paycom campus is in the background.

I think this is a joke, but just in case someone reads this and doesn't realize that, the buildings in the foreground of the picture are apartments and the Paycom campus is in the background.

I believe the intention of the photo was to show the completed new entrance to Paycom HQ from Rockwell, on the land they recently acquired from Westminster Presbyterian Church, which owns the land to the north.

The complex in the foreground is an apartment, not Paycom.

Little known fact that big chunk of land was going to be a Warren Theater. In 2007 they had a sign up coming soon. When the economy tanked in 2008 the sign came down.

I think this is a joke, but just in case someone reads this and doesn't realize that, the buildings in the foreground of the picture are apartments and the Paycom campus is in the background.

Was just about to post the same thing. The level of sarcasm on this forum is fantastic.

Also, and this is a genuine question, having worked recently in HR, it seems there's a significant portion of the workforce that prefers to move around, and it may not signify dissatisfaction with a particular employer (sorry if this is off topic). I realize income and benefits are significant, but we've recently seen that retaining new hires for a long time may not be feasible, and its not clear why....

Particularly in IT, the days of "working your way up" are pretty much over. If you want to make significant strides in your career, you have to move around. Having lived through several workforce reduction events, it is 100% better for both you and your employer for you to make a pro-active career move than to be let go.

For IT (my field) it's about giving the employee a path to advance. If they just sit there at the same level, then why stay? 5 years is a pretty good term these days for IT because of this. If i can go elsewhere in 5 years and get that step up, then what's my motivation to stay?

Companies look at this in one of a couple ways:
1 - (the more common and more a-holish approach) rotating every 5 years keeps my cost down on longer-term employees and their higher salaries, so this turnover is a good thing. It off-sets the cost of training. Lower salaries mean lower contribution to 401(k), younger employees mean lower health costs too.
2 - rotating every 5 years means a constant feed of new ideas.
3 - (the rare one) Experience is gold and retaining that knowledge will save on training and give my products a brain that knows things in and out. Let's do what we can to keep them.

I spent 10 years at one company, but had several opportunities to work up the tree while i was there. I did eventually leave because i couldn't stomach the decisions of the CEO any longer. That ship jumping let me make a leap in position and salary that I woudln't have been able to make if I stayed. I eventually came back when a new position was created and i was then qualified for. So with another return jump, the position was higher again and the salary was something like 25% more than when i had left the company less than 2 years earlier. So for me, it worked out very well so i could go away and get the experience i needed for the next spot.

So i'd agree with Mike_M, companies aren't motivated to retain employees so it's up the employee to look out for rear-end number one. I'd love to see companies reverse that and actually care about their employees again, but it's rare that they do. Long gone are the days where jobs are there for jobs. They're there to make money for the investors....plain and simple.

What I'd love to see is a tax on off-shoring jobs. Make it cost as much as it would to just employ domestically and we'd start seeing a whole different outlook on employees.

Companies look at this in one of a couple ways:
1 - (the more common and more a-holish approach) rotating every 5 years keeps my cost down on longer-term employees and their higher salaries, so this turnover is a good thing. It off-sets the cost of training. Lower salaries mean lower contribution to 401(k), younger employees mean lower health costs too.
2 - rotating every 5 years means a constant feed of new ideas.
3 - (the rare one) Experience is gold and retaining that knowledge will save on training and give my products a brain that knows things in and out. Let's do what we can to keep them.


I personally feel that both situation 1 and 3 have high potential for toxicity. Zero job security provides undue stress and constant tension. Iron clad job security generally drags the workplace into the stone-age. There is definitely a way to embrace healthy turnover, but that's easier to do in a bigger IT market than Oklahoma.

The new Paycom exit at Rockwell has caused a new gridlock during rush hour on the westbound lanes exiting the turnpike at the Rockwell exit (heading west on memorial). There has been a OKC PD officer at the light manually operating the westbound memorial traffic light but it still is bad. It seems like the east bound light is not synced with the westbound light? Not sure if this is intentional or not but it seems like they should be in sync to let the traffic flow better.

15331

The lanes on the bridge get backed up and will block the intersection, the traffic cop changes the light when the left turning from Memorial to Rockwell south fills the bridge lanes. Having the option to green W. Memorial and the south South Rockwell will alleviate this congestion.

Similar issue in the morning but opposite direction. Left turn lane onto W. Memorial gets filled and blocks northbound traffic on Rockwell.

The new Paycom exit at Rockwell has caused a new gridlock during rush hour on the westbound lanes exiting the turnpike at the Rockwell exit (heading west on memorial). There has been a OKC PD officer at the light manually operating the westbound memorial traffic light but it still is bad. It seems like the east bound light is not synced with the westbound light? Not sure if this is intentional or not but it seems like they should be in sync to let the traffic flow better.

15331

The problem they're not figuring out is left turns on the bridge over Kilpatrick, especially left turns to east bound Memorial

Don't hold your breath on getting traffic control to fix it. Even with the support of a councilmen's office, i've been fighting for lights at 240/Sooner to get in sync for almost 5 years now. They did improve them, but they never did get them synced properly so people dont get a green only for the next to turn red just as the traffic flow gets to it.

Don't hold your breath on getting traffic control to fix it. Even with the support of a councilmen's office, i've been fighting for lights at 240/Sooner to get in sync for almost 5 years now. They did improve them, but they never did get them synced properly so people dont get a green only for the next to turn red just as the traffic flow gets to it.

so paycom both a great place to work and a great boss

https://oklahoman.com/article/5634411/paycom-founder-among-top-ceos

It's all in who is in the sample set. Im sure they surveyed an appropriate number of current and former employees to get the scientific values.......sarcasm.

Glassdoor, much like Indeed, relies on those that are willing to respond to their survey, which is a very small number.

It's all in who is in the sample set. Im sure they surveyed an appropriate number of current and former employees to get the scientific values.......sarcasm.

Glassdoor, much like Indeed, relies on those that are willing to respond to their survey, which is a very small number.

I have worked at a couple of large companies and a smaller public educational facility. You wouldn't think the smaller place would make it on the list, but the difference is they promote the heck out of the survey and highly encourage filling it out.

It's all in who is in the sample set. Im sure they surveyed an appropriate number of current and former employees to get the scientific values.......sarcasm.

Glassdoor, much like Indeed, relies on those that are willing to respond to their survey, which is a very small number.

Scientific values? Can you elaborate?

Glassdoor is an open platform where anyone can post their opinions- good or bad. Neither Paycom nor any other company has control over what is posted. While it's likely they do ask their "happier" employees to post comments, -and why not?? - they have no ability to stack the deck as to what people say.

I usually thought any site that hosted reviews are usually filled with salty people with poor experiences.

Scientific values? Can you elaborate?

Glassdoor is an open platform where anyone can post their opinions- good or bad. Neither Paycom nor any other company has control over what is posted. While it's likely they do ask their "happier" employees to post comments, -and why not?? - they have no ability to stack the deck as to what people say.

I'm sure those Chads could figure out some way to provide incentives for the "right" reviews--whether they be in the form of cool Tervis Tumblers or extra PTO.

The problem they're not figuring out is left turns on the bridge over Kilpatrick, especially left turns to east bound Memorial

If OTA had put in Texas turnarounds and reversed the ramps like is done in Texas, this wouldn't be happening. If the westbound Rockwell exit was immediately after crossing under MacArthur, the traffic would have more than enough room

https://i.imgur.com/s1WjmfS.jpg

Is the dirt work to the west more construction? I’ve seen vehicles entering and leaving there the last couple of weeks.

Is the dirt work to the west more construction? I’ve seen vehicles entering and leaving there the last couple of weeks.

I know they moved dirt from the construction of the 2nd Paycom garage to that site.

I couldn't find any building permits so I suspect it is just landfill for now.

This is all the property Paycom owns in that area, about 220 acres.

Stretches from Rockwell to Council. This summer, they bought that 100-acre parcel to the east of their campus for $19.2 million.



https://i.imgur.com/KDWIsxU.jpg

I wonder if they have a master plan for all that land. It seems they are progressive in the stance they want to provide for their employees. Will they try to develop a small portion of that land for restaurants/shopping/etc?

I know their more short term plan is to keep building buildings behide their corporate office replacing surface parking lots with garages as they move forward. Eventually they will run out of surface parking lots to build on and I guess that point they will build out to the east.

This is all the property Paycom owns in that area, about 220 acres.

Stretches from Rockwell to Council. This summer, they bought that 100-acre parcel to the east of their campus for $19.2 million.



https://i.imgur.com/KDWIsxU.jpg

I’m glad they bought the east land. I recall back in 07/08 that parcel (NW corner of Rockwell/Mem) had a “coming soon” sign up for Warren Theater. But then in 08 the economy crashed and it never got built. Do not want to see strip mall in there so its good to see Paycom bought it.

This is all the property Paycom owns in that area, about 220 acres.

Stretches from Rockwell to Council. This summer, they bought that 100-acre parcel to the east of their campus for $19.2 million.



https://i.imgur.com/KDWIsxU.jpg

That has to be an Oklahoma record! Wow. Cha CHING!

That has to be an Oklahoma record! Wow. Cha CHING!

Oklahoma record for what?

19.2 mill for 100 acres.

With all of that land and the type of business environment Paycom projects, it would be interesting if the campus could take some ideas from Epic Systems headquarters located on the edge of Madison, Wisconsin. They, like PayCom, are a IT/Software based company, but instead of payroll/HR, Epic focuses on hospitals and doctor offices for patient management.

Their campus is heavily themed and contains many hidden gems throughout their workplace environment.

https://www.nytimes.com/2018/12/20/business/epic-systems-campus-verona-wisconsin.html

https://www.atlasobscura.com/places/epiccampus

With all of that land and the type of business environment Paycom projects, it would be interesting if the campus could take some ideas from Epic Systems headquarters located on the edge of Madison, Wisconsin. They, like PayCom, are a IT/Software based company, but instead of payroll/HR, Epic focuses on hospitals and doctor offices for patient management.

Their campus is heavily themed and contains many hidden gems throughout their workplace environment.

https://www.nytimes.com/2018/12/20/business/epic-systems-campus-verona-wisconsin.html

https://www.atlasobscura.com/places/epiccampus

Nah - Chad Richison is no Judy Faulkner.

Nah - Chad Richison is no Judy Faulkner.

yea, it seems like they could do some really cool **** out there, but “cool” isn’t necessarily part of the company’s culture.

Epic is almost 3X the size of paycom btw. Paycom is still under a billion in revenue, or by comparison 10%- of Devon, Chesapeake, or CLR.

Could be they don’t have the money to do it yet.

Epic is almost 3X the size of paycom btw. Paycom is still under a billion in revenue, or by comparison 10%- of Devon, Chesapeake, or CLR.

Could be they don’t have the money to do it yet.

it was founded almost 20 years earlier fyi

Sometimes that kind of cutesie stuff doesn't make sense and pisses off the board too. We're a multi-B company but if we started doing that stuff at our sites, it would not be received well. Not to mention the employees would gripe and see it as a waste of money that could have been spent towards employees. Most people are willing to have a more boring workplace if it means it goes into their pocket in pay or benefits relief. The employee can always make their own workspace more homey on their own. That campus stuff can serve as a daily reminder of how the company chose to do that instead of spend it internally.

Sometimes that kind of cutesie stuff doesn't make sense and pisses off the board too. We're a multi-B company but if we started doing that stuff at our sites, it would not be received well. Not to mention the employees would gripe and see it as a waste of money that could have been spent towards employees. Most people are willing to have a more boring workplace if it means it goes into their pocket in pay or benefits relief. The employee can always make their own workspace more homey on their own. That campus stuff can serve as a daily reminder of how the company chose to do that instead of spend it internally.

I agree with this, however I am sick of the open floor plans and everything being gray... I would not mind having an office back.

Agree with the open floorplan thing. It's a completely crap idea that only makes accounting happy. It's been shown to no do what they claim it was supposed to do (spur collaboration). I'm not a fan of the trend towards greys either. They use it because you can "supposedly" add whatever color splash you want to it to make that color pop. But you have to have someone willing to add that color. Otherwise, we work in an institutional grey office. Bleh. Unfortunately, we're about to switch to something more on those lines from a more color strong pallet. But like i said, i've got my office set up with my own home touches to counter it.

Paycom is being added to the S&P 500

https://www.cnbc.com/2020/01/22/paycom-software-joins-sp-500-replacing-centene.html

Weird how they don’t list ADP and Paychex as competitors but other SAAS companies.

Pete - random, but can we get Headquarters spelled correctly in the thread title? :D

Yesterday announced, Paycom is joining the S&P500 on Tuesday January 28.

PAYC was trading near $140 this time last year. Trading higher than $315 today after the news.


Pretty big deal. Also any long-term employees there that have been compensated in stock over their tenure have been banking big.

Yesterday announced, Paycom is joining the S&P500 on Tuesday January 28.

PAYC was trading near $140 this time last year. Trading higher than $315 today after the news.


Pretty big deal. Also any long-term employees there that have been compensated in stock over their tenure have been banking big.

As long as they held onto it...but definitely a wouldn't be surprised if the jump over the last 4 months from 190 to 320 had created several millionaires.

Pete - random, but can we get Headquarters spelled correctly in the thread title? :D
You the man, Pete!

As long as they held onto it...but definitely a wouldn't be surprised if the jump over the last 4 months from 190 to 320 had created several millionaires.

2 years ago: 91.98
Today: 317.94 (up 14.64 so far today)

Being added to the S&P 500 is a huge deal, its quite hard to express on a keyboard the magnitude of that. The status and prestige that comes with being an S&P 500 company is insane.

Being added to the S&P 500 is a huge deal, its quite hard to express on a keyboard the magnitude of that. The status and prestige that comes with being an S&P 500 company is insane.

i might be wrong, as i'm trying to pull this from memory, but only the 5th company from Oklahoma currently on the S&P 500 and the second in OKC? i mean even if i'm off a bit on that number, yes it's huge!

H&P, Williams, Oneok- Tulsa

Paycom, Devon- OKC

https://www.cnbc.com/2020/01/22/paycom-software-joins-sp-500-replacing-centene.html

Weird how they don’t list ADP and Paychex as competitors but other SAAS companies.

That is so weird that CNBC would omit its biggest competitor: https://www.fool.com/investing/2018/01/14/how-paycom-plans-to-take-over-the-payroll-software.aspx

Amateur, really.

H&P, Williams, Oneok- Tulsa

Paycom, Devon- OKC

I always imagine where Hobby Lobby and Love's would be if they were public.

I always imagine where Hobby Lobby and Love's would be if they were public.

Love's would be somewhere around 150 in the forbes 500

Hobby lobby would be just outside 500

quick trip would be about 275

I have to say i laugh every time i see their commercials now. They act like they're the first ones to do everything in an app or online. It's been 20+ years since people did paper forms for expenses or PTO. And their expense piece is only expense. Other products do it better (like SAP Concur) because you can do the travel and expense together. And the smaller firms have been outsourcing HR stuff to third parties for even longer (think of firms like Nextep in Norman).

By all means tout your wares, but at least tout them in a way that shows why you're different. The commercials make you sound behind the times. I mean come on, falling over the copier with a pile of papers 3 feet tall doesn't even happen. It's like watching white people struggle cutting vegetables on "as seen on tv" type ads...but wait, there's more.

duplicate...don't know why it does that sometimes....

I have to say i laugh every time i see their commercials now. They act like they're the first ones to do everything in an app or online. It's been 20+ years since people did paper forms for expenses or PTO. And their expense piece is only expense. Other products do it better (like SAP Concur) because you can do the travel and expense together. And the smaller firms have been outsourcing HR stuff to third parties for even longer (think of firms like Nextep in Norman).

By all means tout your wares, but at least tout them in a way that shows why you're different. The commercials make you sound behind the times. I mean come on, falling over the copier with a pile of papers 3 feet tall doesn't even happen. It's like watching white people struggle cutting vegetables on "as seen on tv" type ads...but wait, there's more.

as a long time holder of paycom stock i hope they continue to do what they are doing

I have to say i laugh every time i see their commercials now. They act like they're the first ones to do everything in an app or online. It's been 20+ years since people did paper forms for expenses or PTO. And their expense piece is only expense. Other products do it better (like SAP Concur) because you can do the travel and expense together. And the smaller firms have been outsourcing HR stuff to third parties for even longer (think of firms like Nextep in Norman).

By all means tout your wares, but at least tout them in a way that shows why you're different. The commercials make you sound behind the times. I mean come on, falling over the copier with a pile of papers 3 feet tall doesn't even happen. It's like watching white people struggle cutting vegetables on "as seen on tv" type ads...but wait, there's more.

Please point to the $20 billion company you have built as evidence you actually know what you're doing and they don't.