Paycom Software Management
Management criteria checks 4/4
Paycom Software's CEO is Chad Richison, appointed in Jan 1998, has a tenure of 25.75 years. total yearly compensation is $3.14M, comprised of 25% salary and 75% bonuses, including company stock and options. directly owns 14.49% of the company’s shares, worth €2.15B. The average tenure of the management team and the board of directors is 5.1 years and 8 years respectively.
Key information
Chad Richison
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 25.0% |
| CEO tenure | 25.8yrs |
| CEO ownership | 14.5% |
| Management average tenure | 5.1yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | US$316m |
| Mar 31 2023 | n/a | n/a | US$309m |
| Dec 31 2022 | US$3m | US$786k | US$281m |
| Sep 30 2022 | n/a | n/a | US$250m |
| Jun 30 2022 | n/a | n/a | US$228m |
| Mar 31 2022 | n/a | n/a | US$223m |
| Dec 31 2021 | US$3m | US$754k | US$196m |
| Sep 30 2021 | n/a | n/a | US$172m |
| Jun 30 2021 | n/a | n/a | US$169m |
| Mar 31 2021 | n/a | n/a | US$145m |
| Dec 31 2020 | US$211m | US$725k | US$143m |
| Sep 30 2020 | n/a | n/a | US$164m |
| Jun 30 2020 | n/a | n/a | US$176m |
| Mar 31 2020 | n/a | n/a | US$196m |
| Dec 31 2019 | US$21m | US$696k | US$180m |
| Sep 30 2019 | n/a | n/a | US$167m |
| Jun 30 2019 | n/a | n/a | US$156m |
| Mar 31 2019 | n/a | n/a | US$143m |
| Dec 31 2018 | US$17m | US$667k | US$137m |
| Sep 30 2018 | n/a | n/a | US$154m |
| Jun 30 2018 | n/a | n/a | US$146m |
| Mar 31 2018 | n/a | n/a | US$131m |
| Dec 31 2017 | US$9m | US$642k | US$123m |
| Sep 30 2017 | n/a | n/a | US$83m |
| Jun 30 2017 | n/a | n/a | US$68m |
| Mar 31 2017 | n/a | n/a | US$59m |
| Dec 31 2016 | US$10m | US$618k | US$70m |
Compensation vs Market: Chad's total compensation ($USD3.14M) is below average for companies of similar size in the German market ($USD4.53M).
Compensation vs Earnings: Chad's compensation has been consistent with company performance over the past year.
CEO
Chad Richison (53 yo)
25.8yrs
Tenure
US$3,138,418
Compensation
Mr. Chad R. Richison has served as President, Chief Executive Officer and Founder of Paycom Software, Inc. (“Paycom”) since 1998. He has been a Director at Paycom Software, Inc. since 1998 and has been its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 25.8yrs | US$3.14m | 14.49% € 2.1b | |
| CFO, Treasurer & Corporate Secretary | 17.7yrs | US$9.34m | 0.52% € 76.3m | |
| Chief Information Officer | 5.5yrs | US$3.44m | 0.11% € 16.7m | |
| Chief Sales Officer | 2.5yrs | US$3.89m | 0.14% € 20.4m | |
| Chief Operating Officer | less than a year | no data | 0.043% € 6.4m | |
| Head of Investor Relations | 4.8yrs | no data | no data | |
| General Counsel | no data | no data | no data | |
| Director of Recruiting | no data | no data | no data |
5.1yrs
Average Tenure
52yo
Average Age
Experienced Management: 0PY's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 25.8yrs | US$3.14m | 14.49% € 2.1b | |
| Independent Director | 6.9yrs | US$314.81k | 0.0031% € 452.0k | |
| Independent Director | 16.3yrs | US$317.81k | 0.017% € 2.5m | |
| Lead Independent Director | 9.6yrs | US$357.81k | 0.029% € 4.2m | |
| Independent Director | 6.9yrs | US$317.81k | 0.011% € 1.7m | |
| Independent Director | 1.4yrs | US$211.16k | 0.0024% € 355.7k | |
| Independent Director | 2.1yrs | US$312.81k | 0.0031% € 456.5k | |
| Independent Director | 9.2yrs | US$319.81k | 0.0086% € 1.3m |
8.0yrs
Average Tenure
65.5yo
Average Age
Experienced Board: 0PY's board of directors are considered experienced (8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/17 18:54 |
| End of Day Share Price | 2023/07/20 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Paycom Software, Inc. is covered by 43 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Marcon | Baird |
| Ishan Majumdar | Baptista Research |
| Raimo Lenschow | Barclays |