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Laramie 12-27-2021, 03:55 PM FYI, they started taking up space at 7725 Connect (aka OKC Works...the old Lucent plant) as other tenants left in the post COVID world.
https://images1.loopnet.com/i2/rzwONBBn14pzHkZiAEB0oW36SR_VhjOjP_zTjvJTvag/112/image.jpg
Across Reno north of the Oklahoma City Outlet Mall.
You can see the new building is well under construction in the middle of their campus.
They own all that vacant land all the way to Rockwell.
HTTP://www.okctalk.com/images/pete/paycom122221a.jpg
I wish they cared about architecture and built a campus as nice as those of Chesapeake or other big tech companies.
Laramie 12-27-2021, 04:18 PM I wish they cared about architecture and built a campus as nice as those of Chesapeake or other big tech companies.
We're lucky to have Paycom headquartered in Oklahoma City. They have a nice campus in Grapevine, TX
Let's not forget what happened to Oklahoma City's Globe Life, now headquartered in McKinney, TX
chssooner 12-27-2021, 04:58 PM I wish they cared about architecture and built a campus as nice as those of Chesapeake or other big tech companies.
What became of the Chesapeake campus? Is it a money pit, and has no practical use for anyone. Paycom's campus, while generic, can be leased out if they ever move to another location in OKC, of it they slow down growth.
What became of the Chesapeake campus? Is it a money pit, and has no practical use for anyone. Paycom's campus, while generic, can be leased out if they ever move to another location in OKC, of it they slow down growth.
Lease out to whom? Tons of empty spaces downtown are still desperately looking for tenants, many of those are pretty "generic." It isn't about the architecture, it's the location, the cost, the economy, the talent pool, you can still build something nice with a tight budget, not easy, but not impossible, just be thoughtful and creative, and probably work with serious, passionate architects. The main problem with ugly buildings is it hurts the eyes of the public, and the employees (especially the talents the company want to recruit), that's why employers everywhere pay big bucks to come up with creative, vibrant offices to attract the new grads nowadays, just like football programs across the country are building the nicest stadiums, locker rooms, gyms to compete the highest ranked recruits.
Rover 12-28-2021, 12:44 PM What became of the Chesapeake campus? Is it a money pit, and has no practical use for anyone. Paycom's campus, while generic, can be leased out if they ever move to another location in OKC, of it they slow down growth.
Where do you get the idea that Chesapeake is a money pit and unusable for others. There are a number of great buildings that stand alone and can be bought/leased for lots of office use. Chesapeake is actually built great for breaking up into pieces and not large monolithic structures. Have you ever been around the Chesapeake campus?
Plutonic Panda 12-28-2021, 01:04 PM Where do you get the idea that Chesapeake is a money pit and unusable for others. There are a number of great buildings that stand alone and can be bought/leased for lots of office use. Chesapeake is actually built great for breaking up into pieces and not large monolithic structures. Have you ever been around the Chesapeake campus?
Yeah I was wonder that as well. We are fortunate to have a campus like Chesapeake even if its only half finished. Not sure where Chesapeake sees itself but they should market the property to try and lure an HQ from out of state here and downsize.
fortpatches 12-29-2021, 10:22 AM Yeah I was wonder that as well. We are fortunate to have a campus like Chesapeake even if its only half finished. Not sure where Chesapeake sees itself but they should market the property to try and lure an HQ from out of state here and downsize.
We could also look to what they did with the Sprint Campus in Overland Park, KS.
> The Overland Park City Council voted unanimously Monday to approve a rezoning request by Occidental Management, allowing a redevelopment plan for the former Sprint world headquarters campus to move forward.
> Occidental Management's development calls for 600 residential units, 1.1 million square feet of office space, 375,000 square feet of retail space and a 120-room hotel.
> In addition, the approval will allow about 60 additional acres of the 207-acre property to be transformed into a community destination and gathering place.
https://www.kshb.com/news/local-news/overland-park-city-council-approves-rezoning-of-former-sprint-campus
April in the Plaza 12-29-2021, 01:13 PM We could also look to what they did with the Sprint Campus in Overland Park, KS.
https://www.kshb.com/news/local-news/overland-park-city-council-approves-rezoning-of-former-sprint-campus
i would think the CHK campus is way too nice to be a serious candidate for what would be an extremely costly residential conversion.
SEMIweather 12-29-2021, 08:44 PM Would be a pretty ideal location though, especially given that NW 63rd would be a likely station if commuter rail ever goes through.
Plutonic Panda 12-29-2021, 08:58 PM We could also look to what they did with the Sprint Campus in Overland Park, KS.
> The Overland Park City Council voted unanimously Monday to approve a rezoning request by Occidental Management, allowing a redevelopment plan for the former Sprint world headquarters campus to move forward.
> Occidental Management's development calls for 600 residential units, 1.1 million square feet of office space, 375,000 square feet of retail space and a 120-room hotel.
> In addition, the approval will allow about 60 additional acres of the 207-acre property to be transformed into a community destination and gathering place.
https://www.kshb.com/news/local-news/overland-park-city-council-approves-rezoning-of-former-sprint-campus
There are also several vacant spots. If you could build a 8 to 12 story condo or apartment tower the views here would be incredible. Hell even from the ground level you can see the rotunda of the state capital and the top half of the downtown skyline.
Plutonic Panda 12-29-2021, 08:59 PM Would be a pretty ideal location though, especially given that NW 63rd would be a likely station if commuter rail ever goes through.
Yes and 63rd St. needs to be completely rebuilt added with protected bike lanes.
PoliSciGuy 12-29-2021, 09:21 PM Rather than lure one company in, the Chesapeake Campus could be an interesting incubation hub for start-ups and new companies. I know there are already plans for an innovation district, but bringing lots of start-ups together into the same space to spur collaboration and entrepreneurship would be an interesting experiment.
bombermwc 12-30-2021, 07:37 AM There are actually places like this all over town. They are a little difficult to find if you dont know who to ask though. And they are pretty empty. It could be that having them in one spot where they could have access to things like the gym would be nice. Or it could be that people that would make use of them don't want to commute to a space.
In the post covid world, I think you'll actually see the 1-2 person incubator spaces not being a thing as so many people are now used to officing from home. Set up a PO Box and you're done. Need a public meeting space, well you can do that somewhere that doesn't cost you $500 a month for a 14x14 room. If the CHK space converts like this, personally I think the small business space (10 or so) is going to be the way to go. You can have small spaces for companies like that with shared conference/kitchen/etc space. Think of it like the college apartment, for business.
Paycom planning to build another, much larger parking garage:
HTTP://www.okctalk.com/images/pete/paycom031722a.jpg
HTTP://www.okctalk.com/images/pete/paycom031722b.jpg
Mballard85 03-17-2022, 10:47 AM The kingdom continues to grow against the will of the majority of the employees. All in the name of "company culture"
catch22 03-17-2022, 10:54 AM What would the employees like?
Being part of a rapidly growing, national company -- what a problem to be faced with.
HangryHippo 03-17-2022, 11:24 AM The kingdom continues to grow against the will of the majority of the employees. All in the name of "company culture"
Can you expound? What do the majority want?
Think maybe they're referring to pushing employees back into the office instead of working from home.
chssooner 03-17-2022, 11:51 AM Did people honestly, truthfully, think working from home was a forever thing? If so, that is their fault, not Paycom, Google, Facebook, Apple, XYZ, Inc., etc's fault. Very few industries and companies are going to have a true Work From Home stance now that things are going back to normal.
Mballard85 03-17-2022, 12:07 PM Did people honestly, truthfully, think working from home was a forever thing? If so, that is their fault, not Paycom, Google, Facebook, Apple, XYZ, Inc., etc's fault. Very few industries and companies are going to have a true Work From Home stance now that things are going back to normal.
My company has made my position and the vast majority of positions virtual. But in regards to Paycom, the reasoning is the biggest issue, they were brought back in the name of company culture. So much so that they are not allowing their employees to utilize the work from home option even occasionally or in the case of an emergency. Sick kid, call in, weather unless approved, call in, those are the issues that I have been made aware of by numerous employees.
catch22 03-17-2022, 12:27 PM Did people honestly, truthfully, think working from home was a forever thing? If so, that is their fault, not Paycom, Google, Facebook, Apple, XYZ, Inc., etc's fault. Very few industries and companies are going to have a true Work From Home stance now that things are going back to normal.
Exactly. Corporate culture is largely the same; even if the work is getting done satisfactorily they want to see you at work. Supervisors feel they need direct contact and control with their department, managers need to feel they have direct control over their supervisors, VP's need to feel they have direct control over their managers, etc. This is not a Paycom issue. Barring another massive outbreak that is worse than the original, I bet in 5 years time corporate America will be back to how it was in 2019. All face to face with very little virtual. I bet corporate travel even returns stronger than it was before. A lot of sales people and big wigs love spending time on the road going to conferences and putting those steak dinners and cocktails on the corporate card. Evenrually that will all come back.
soonerguru 03-17-2022, 12:36 PM My company has made my position and the vast majority of positions virtual. But in regards to Paycom, the reasoning is the biggest issue, they were brought back in the name of company culture. So much so that they are not allowing their employees to utilize the work from home option even occasionally or in the case of an emergency. Sick kid, call in, weather unless approved, call in, those are the issues that I have been made aware of by numerous employees.
Several Oklahoma employers have terrible work culture for the most part. The horrors I've been told about working for Hobby Lobby, Braum's, Love's and many others are so archaic. I didn't think that was the case with Paycom, but I agree that this total inflexibility is so passe, especially considering the difficulty employers are having finding and keeping quality staff. Hopefully they revisit this stance.
I’ve been told Paycom is hemorrhaging many in their software department to other companies, many direct competitors, in part because they offer work from home full-time.
progressiveboy 03-17-2022, 01:07 PM I see both sides of the issue. WFH provides a flexible alternative method, as long as productivity does not decline. It saves on gas, dry cleaning, wear and tear on your vehicle. The flip side is how many skype meetings and teams meetings until the worker becomes so complacent and is not able to have the interaction and interpersonal skills with their fellow colleagues. I currently am WFH and like it, however, for me I enjoy the human contact. Also, companies have committed to office leases, so it is more difficult to break leases without it costing $$$.
I see both sides of the issue. WFH provides a flexible alternative method, as long as productivity does not decline. It saves on gas, dry cleaning, wear and tear on your vehicle. The flip side is how many skype meetings and teams meetings until the worker becomes so complacent and is not able to have the interaction and interpersonal skills with their fellow colleagues. I currently am WFH and like it, however, for me I enjoy the human contact. Also, companies have committed to office leases, so it is more difficult to break leases without it costing $$$.
I agree. I currently WFH and love it, but I know many that prefer being in offce. Plus there are certain jobs more suited to WFH than others. I understand both sides for and against.
Mballard85 03-17-2022, 01:22 PM I’ve been told Paycom is hemorrhaging many in their software department to other companies, many direct competitors, in part because they offer work from home full-time.
Its honestly across the board with Paycom, there are a lot of competitors in the industry that are offering WFH as a benefit and it's starting to show by the turnover they are have.
chssooner 03-17-2022, 01:43 PM Its honestly across the board with Paycom, there are a lot of competitors in the industry that are offering WFH as a benefit and it's starting to show by the turnover they are have.
So is Google, Adobe, Facebook, etc. Most companies are, by the end of the year, going to be back in office. Maybe 1 day from home a week. Paycom will need to adapt to that, or get left behind.
soonerguru 03-17-2022, 05:55 PM So is Google, Adobe, Facebook, etc. Most companies are, by the end of the year, going to be back in office. Maybe 1 day from home a week. Paycom will need to adapt to that, or get left behind.
There will be thousands of people at the companies you mentioned still working remotely. Also, your statement assumes no further Covid spikes, which seems pretty optimistic to me.
More importantly, many employers and employees have discovered that they are more productive allowing remote work. I worked in a software dev setting where I supervised several developers. Even though they were in the office they were so antisocial they could have been in Jakarta and it wouldn't have made a difference. They wanted all communication done through instant messaging and email, for example. When we did have collaborative meetings, they involved people from other offices, so it was the equivalent of a giant Zoom call anyway.
Companies failing to change with the times will lose out. The idea that employees have to be under constant surveillance in an office setting is woefully behind the times. I don't see us returning to that again.
Depending on the role, allowing employees a day or two a week to work from home is a good idea. All the doubting Thomases who worried about "lost productivity" were proven to be absolutely wrong during the Pandemic. It's a joke to see people returning to that completely debunked argument now.
Jersey Boss 03-17-2022, 05:59 PM So is Google, Adobe, Facebook, etc. Most companies are, by the end of the year, going to be back in office. Maybe 1 day from home a week. Paycom will need to adapt to that, or get left behind.
I don't believe your post tracks reality.
Remote Work Is Here To Stay And Will Increase Into 2023, Experts Say
https://www.forbes.com/sites/bryanrobinson/2022/02/01/remote-work-is-here-to-stay-and-will-increase-into-2023-experts-say/?sh=6ad8666620a6
chssooner 03-17-2022, 06:59 PM I don't believe your post tracks reality.
Remote Work Is Here To Stay And Will Increase Into 2023, Experts Say
https://www.forbes.com/sites/bryanrobinson/2022/02/01/remote-work-is-here-to-stay-and-will-increase-into-2023-experts-say/?sh=6ad8666620a6
Google is hemorrhaging employees for their WFH policies. It isn't just Paycom who wants people back in the office.
My thing is people seem to personally attack Paycom for this. That's my main thing. People are always bashing Paycom, for anything from their office layout to not spending their own money to fix the roads around them.
Dob Hooligan 03-17-2022, 08:52 PM Here’s where I am confused- I read articles about how people suffer mental health issues from isolation, and the same day articles about how great they are doing at WFH. I’m guessing both opinions are very subjective, and the human need for in person interaction will once again dominate.
Mballard85 03-18-2022, 07:48 AM Google is hemorrhaging employees for their WFH policies. It isn't just Paycom who wants people back in the office.
My thing is people seem to personally attack Paycom for this. That's my main thing. People are always bashing Paycom, for anything from their office layout to not spending their own money to fix the roads around them.
There are reasons for this though, I agree the road argument is about as dumb as it gets. For as well thought of as Paycom is by some, they have turnover issues. Their competitors have caught up with benefits, so they are actually having to battle to keep them. Paycom trains their employees well so they are a commodity to others, to this point Chad has shown very little desire to make any alterations to his vision. That is his right as he started the company, but at a point you cant keep losing good trained employees and replacing them with fresh out of college kids.
Ginkasa 03-18-2022, 08:40 AM My company (meaning the company I work for) has only just recently re-opened sites, but returning to them is entirely optional at the moment. I don't feel any pressure to return to site. The team I manage is actually spread across multiple sites. If we all "returned to site" that would be mean I would be at the office with slightly less than half of my team which raises potential concerns of unintentional favoritism or bias in general. Keeping us all WFH levels the playing field. And its not just my team that's organized in this way, but most or all teams at least that I interact with.
stlokc 03-18-2022, 09:46 AM Ginkasa, you've really hit upon something that's been missing from this discussion. As WFH became standard in the last two years, companies increasingly hired people that were not in their geographic location. I own a franchise in Missouri and my franchisor, who is based in Louisville, has been hiring for their/our corporate staff. Their last three corporate hires were in Pennsylvania, California and Florida. Even if the franchisor went back to a traditional office environment in Louisville, a portion of their staff would now be remote. This was always the case at large companies, but now even smaller companies like mine are realizing they can recruit and hire nationally. People's jobs are becoming disassociated from where they happen to live.
Roger S 03-18-2022, 09:49 AM Here’s where I am confused- I read articles about how people suffer mental health issues from isolation, and the same day articles about how great they are doing at WFH. I’m guessing both opinions are very subjective, and the human need for in person interaction will once again dominate.
I think this probably has more of an effect on extroverts than it does introverts.
As an introvert I'm perfectly fine working from home and have been pretty much only going into the office 1 day a week..... I log 1-2 overtime hours every day but the week I go to the office... Those extra hours I would have worked get wasted sitting in construction zones and traffic..... So as far as I'm concerned I lose productivity by going to the office.
Diesel54 03-18-2022, 11:09 AM As someone that recruits against them for technical talent, they make it easier with some of their policies. We offer and will continue to offer flexibility to our employees on where they work. We have a large office here and certainly want people to use it but I know what my teams are doing and if they're getting things done. I say all of this as a near daily office-goer. We look for other opportunities to bring the team together and continue what we believe is a strong culture. The added benefit is I can recruit nationally if I need to which is necessary sometimes.
They're also militant at Paycom about the technology and approach to things. The idea of cloud computing has been almost universally shunned by them and I hear that's because of Chad. A well performing company is certainly appealing to employees, but for younger people in technology that's not as critical as they're trying to grow their skills that are translatable. Never working in the cloud and being forced to custom build everything you need as opposed to using some of the incredible modern day PaaS and SaaS offerings that make delivering solutions so much easier is going to push a lot of people other places.
Just my perspective but I'll never go to work for a company that refuses to use modern approaches to things and I've had great luck finding many like-minded individuals.
soonerguru 03-18-2022, 12:59 PM Google is hemorrhaging employees for their WFH policies. It isn't just Paycom who wants people back in the office.
My thing is people seem to personally attack Paycom for this. That's my main thing. People are always bashing Paycom, for anything from their office layout to not spending their own money to fix the roads around them.
I don't recall ever "bashing Paycom" here. What I have read is that people on the forum -- SHOCKER -- hoped that they would build their HQ downtown, which tracks with the sentiment of this entire message board. But, dude, that's not "bashing" at all. At worst, that is wishcasting. It's really not a big deal.
As far as I know, I haven't seen people here bashing Paycom at all, especially in contrast to the OKC companies here that routinely come under fire for various things.
Not sure why you are rising to Paycom's defense so passionately in this case. Their decision to force everyone back to work is shortsighted and is going to generate some ill feelings from their staff and future employees, which shouldn't be surprising.
Teo9969 03-18-2022, 05:25 PM As someone that recruits against them for technical talent, they make it easier with some of their policies. We offer and will continue to offer flexibility to our employees on where they work. We have a large office here and certainly want people to use it but I know what my teams are doing and if they're getting things done. I say all of this as a near daily office-goer. We look for other opportunities to bring the team together and continue what we believe is a strong culture. The added benefit is I can recruit nationally if I need to which is necessary sometimes.
They're also militant at Paycom about the technology and approach to things. The idea of cloud computing has been almost universally shunned by them and I hear that's because of Chad. A well performing company is certainly appealing to employees, but for younger people in technology that's not as critical as they're trying to grow their skills that are translatable. Never working in the cloud and being forced to custom build everything you need as opposed to using some of the incredible modern day PaaS and SaaS offerings that make delivering solutions so much easier is going to push a lot of people other places.
Just my perspective but I'll never go to work for a company that refuses to use modern approaches to things and I've had great luck finding many like-minded individuals.
Can you elaborate on what you mean here? Paycom is literally a Cloud-based software.
scottk 03-18-2022, 06:30 PM Can you elaborate on what you mean here? Paycom is literally a Cloud-based software.
While Paycom itself is payroll in the cloud. I would imagine the inner workings of their code, and extremely sensitive client information needs to be heavily protected through rigorous standards. While WFH, VPN's and company sign-on portals can help security, but using consumer based internet or personal devices may still have security issues?
Dob Hooligan 03-18-2022, 06:56 PM I don't recall ever "bashing Paycom" here. What I have read is that people on the forum -- SHOCKER -- hoped that they would build their HQ downtown, which tracks with the sentiment of this entire message board. But, dude, that's not "bashing" at all. At worst, that is wishcasting. It's really not a big deal.
As far as I know, I haven't seen people here bashing Paycom at all, especially in contrast to the OKC companies here that routinely come under fire for various things.
Not sure why you are rising to Paycom's defense so passionately in this case. Their decision to force everyone back to work is shortsighted and is going to generate some ill feelings from their staff and future employees, which shouldn't be surprising.
I recall reading, either on this thread, or maybe in a Business and employment thread, is that Paycom has a very high churn rate in lower level hires. I think it is implied that Paycom uses up fresh college graduates without providing them a solid opportunity for advancement.
Bits_Of_Real_Panther 03-18-2022, 09:25 PM Paycom planning to build another, much larger parking garage:
HTTP://www.okctalk.com/images/pete/paycom031722a.jpg
HTTP://www.okctalk.com/images/pete/paycom031722b.jpg
What's the price tag on this beauty of a carpark?
Diesel54 03-18-2022, 09:26 PM Can you elaborate on what you mean here? Paycom is literally a Cloud-based software.
Similar to what was said, they position themselves as a SaaS offering for payroll solutions but they themselves refuse to build on any of the common SaaS solutions or any public clouds (AWS, Azure, GCP). For core offerings it makes sense to custom build no doubt but even little things like a 2 factor text validation service is custom built. And in modern days that custom work even should generally be public cloud.
Not all IT people will agree but that's the way the world is shifting just not all at the same rate.
Bits_Of_Real_Panther 03-18-2022, 09:42 PM I recall reading, either on this thread, or maybe in a Business and employment thread, is that Paycom has a very high churn rate in lower level hires. I think it is implied that Paycom uses up fresh college graduates without providing them a solid opportunity for advancement.
Who are the employers of choice locally these days?
Once Chesapeake cratered, I always heard Paycom was a desirable place.
But I recall recent college grads getting high teens pay rates, even a couple years ago.
My opinion is forming - A place focusing investment decisions in parking garages ($ millions) instead of investing in retaining talent/embracing remote talent...we'll see how this plays out, but it looks like boomer dinosaur ideas...
jedicurt 03-19-2022, 10:02 AM i'm assuming the rectangle on the back side will be the screen for the drive in theater?
Laramie 03-19-2022, 01:24 PM Pete, do you have the number of autos this proposed new garage will hold and the construction cost.
This appears to be twice the size of the OKC convention center garage which accommodates 1,100. Paycom
employs approximate 5, 385.
April in the Plaza 03-20-2022, 01:36 PM Who are the employers of choice locally these days?
Once Chesapeake cratered, I always heard Paycom was a desirable place.
But I recall recent college grads getting high teens pay rates, even a couple years ago.
My opinion is forming - A place focusing investment decisions in parking garages ($ millions) instead of investing in retaining talent/embracing remote talent...we'll see how this plays out, but it looks like boomer dinosaur ideas...
WFH is going to be a bigger deal on the coasts. Don’t see it catching on here unless the market is absolutely forced.
soonerguru 03-20-2022, 03:21 PM WFH is going to be a bigger deal on the coasts. Don’t see it catching on here unless the market is absolutely forced.
Not coming @ you, but people here are already working from home. Like, tons of people I know. Some split time between home and office. For those who work for the state, Stitt is seemingly desperate to have them back in state buildings ASAP, because they describe these ridiculous "clock in at the office" things they do just for show, even though their most pressing work is still done at home, because they have spent two years perfecting that model.
Businesses spend a fortune on office space. A hybrid model seems like a good plan for most going forward.
rte66man 03-20-2022, 07:19 PM Not coming @ you, but people here are already working from home. Like, tons of people I know. Some split time between home and office. For those who work for the state, Stitt is seemingly desperate to have them back in state buildings ASAP, because they describe these ridiculous "clock in at the office" things they do just for show, even though their most pressing work is still done at home, because they have spent two years perfecting that model.
Businesses spend a fortune on office space. A hybrid model seems like a good plan for most going forward.
Totally agree. My company is really struggling with this. A showplace HQ needs to have lots of people in it when they show it off to outsiders (or so they say).
gopokes88 03-22-2022, 10:19 AM I recall reading, either on this thread, or maybe in a Business and employment thread, is that Paycom has a very high churn rate in lower level hires. I think it is implied that Paycom uses up fresh college graduates without providing them a solid opportunity for advancement.
There's a ton of churn, but those willing to grind 60+ hours a week for 3-4 years will be over $100k. Tons of room to advance.
Ginkasa 03-22-2022, 10:23 AM There's a ton of churn, but those willing to grind 60+ hours a week for 3-4 years will be over $100k. Tons of room to advance.
And what happens when they reach 100k after 3-4 years? They get to cut back to 40 hours a week?
chssooner 03-22-2022, 11:27 AM And what happens when they reach 100k after 3-4 years? They get to cut back to 40 hours a week?
Actually yes. Usually, people grind at a younger age to work less at an older age. Like, that is the corporate world. The CEO might work a lot, but he isn't churning the butter. He is determining how it is churned.
gopokes88 03-23-2022, 10:30 AM And what happens when they reach 100k after 3-4 years? They get to cut back to 40 hours a week?
Probably down to 50 hours a week. Paycom is a grind company, they make no reservations about it. I have friends that have been there since 2010-2012 and they're millionaires because of their stock incentive program on top of big base salaries.
Like anything else in life, work hard good things happens. Hard means hard though.
Ginkasa 03-23-2022, 01:12 PM Everybody's got their own experience and perspective. Mine is I worked 50-60 hours a week for one company with nothing to show for it in the long run. Swapped to another company that has provided a much better work/life balance and I find myself not only much better financially, but I also have more time to spend with my family and work on personal goals/projects that I didn't have before.
If Paycom compensates for it then good for them and I'm happy for those who are happy in that environment. But in general, speaking for myself, I'd consider any company whose culture is described as a "grind" as a potential red flag. The money might be nice, but what are you sacrificing in the long run for it?
Teo9969 03-27-2022, 02:15 PM Who are the employers of choice locally these days?
Once Chesapeake cratered, I always heard Paycom was a desirable place.
But I recall recent college grads getting high teens pay rates, even a couple years ago.
My opinion is forming - A place focusing investment decisions in parking garages ($ millions) instead of investing in retaining talent/embracing remote talent...we'll see how this plays out, but it looks like boomer dinosaur ideas...
I don't think investment in a corporate campus is as obstructive to overall growth, particularly for a high growth company like Paycom, as you're thinking it is. It would be just as irresponsible to *not* invest in campus growth if Americans decide they do want to return to in office jobs 1, 3, 5 years from now and be in a place where you can't house your workforce.
At any time, Paycom (and other firms) can quickly pivot to a WFH setting as was shown during the Pandemic. Very few companies (and I think we'd all be shocked if Paycom is in this group) are going to just sit back in the office and watch the world fly by them over the next decade if WFH at a super high clip is the only way to compete for quality talent.
The problem in this debate is everyone is throwing out research and talking as if the market has decided. The reality it simply doesn't matter how quality the research is or how solid the argument is, these are unprecedented times, and we don't have any way to truly know what directions the workforce is going to go. And that is plural, directions, because it may be an "all of the above" scenario. That being said, it is a non-debatable fact that it's a lot easier to send people home than it is to build enough space to house them.
In 5-10 years, that campus (with all the upcoming additions) will be too small to house only 75% of its OKC workforce, so it's not like they're being irresponsible and building a $750M tower that is <75% occupied 10 years after completion.
soonerguru 03-28-2022, 10:37 PM There's a ton of churn, but those willing to grind 60+ hours a week for 3-4 years will be over $100k. Tons of room to advance.
"Over $100k" is not that much money these days, sorry to say.
soonerguru 03-28-2022, 10:40 PM Actually yes. Usually, people grind at a younger age to work less at an older age. Like, that is the corporate world. The CEO might work a lot, but he isn't churning the butter. He is determining how it is churned.
I have been in the corporate game for going on two decades. I've been in six figures for more than 12 years and I'm still grinding away. The only thing that has changed is that my cost of living has risen.
If you're not in the C suite, there's no break. Most people will work until they die or until their health and mental well being are completely compromised.
Teo9969 03-29-2022, 07:28 AM "Over $100k" is not that much money these days, sorry to say.
$100k in the US is 89th percentile at age 30, 83rd at 35, 79th at 40, and 76th at 50. Those percentiles are probably 4 to 8 notches above for Oklahoma (it puts you 87th percentile among ALL Oklahomans in the workforce on an individual basis)
Basically at no time does $100k = less than top quarter-percentile of individual American income and Americans are among the top earners on the world stage. Most people in the world and many in this country don't even have access to that kind of job.
You're not going to buy a yacht on $100k, but in Oklahoma especially you're also going to be able to save for retirement, own a home, take vacations, not be worried about a car payment if you need one, and generally just have complete financial security absent major negative financial events (i.e. having crushing student loans or some sort of garnishment/legal obligation or medical issue that requires crazy resources to finance).
BoulderSooner 03-29-2022, 08:39 AM "Over $100k" is not that much money these days, sorry to say.
lol maybe if the are trying to live in midtown Manhattan in Oklahoma you will live pretty well
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