Paylocity Holding Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Steve Beauchamp

Chief executive officer

US$21.6m

Total compensation

CEO salary percentage	2.9%
CEO tenure	17.3yrs
CEO ownership	3.4%
Management average tenure	2.4yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Beauchamp's remuneration changed compared to Paylocity Holding's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$168m
Sep 30 2023	n/a	n/a	US$145m
Jun 30 2023	US$22m	US$625k	US$141m
Mar 31 2023	n/a	n/a	US$119m
Dec 31 2022	n/a	n/a	US$96m
Sep 30 2022	n/a	n/a	US$90m
Jun 30 2022	US$15m	US$560k	US$91m
Mar 31 2022	n/a	n/a	US$88m
Dec 31 2021	n/a	n/a	US$90m
Sep 30 2021	n/a	n/a	US$89m
Jun 30 2021	US$15m	US$560k	US$71m
Mar 31 2021	n/a	n/a	US$64m
Dec 31 2020	n/a	n/a	US$67m
Sep 30 2020	n/a	n/a	US$63m
Jun 30 2020	US$9m	US$554k	US$64m
Mar 31 2020	n/a	n/a	US$70m
Dec 31 2019	n/a	n/a	US$58m
Sep 30 2019	n/a	n/a	US$58m
Jun 30 2019	US$7m	US$525k	US$54m
Mar 31 2019	n/a	n/a	US$42m
Dec 31 2018	n/a	n/a	US$53m
Sep 30 2018	n/a	n/a	US$48m
Jun 30 2018	US$6m	US$517k	US$39m
Mar 31 2018	n/a	n/a	US$36m
Dec 31 2017	n/a	n/a	US$12m
Sep 30 2017	n/a	n/a	US$10m
Jun 30 2017	US$6m	US$475k	US$7m

Compensation vs Market: Steve's total compensation ($USD21.58M) is above average for companies of similar size in the German market ($USD3.42M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.

CEO

Steve Beauchamp (51 yo)

17.3yrs

Tenure

US$21,583,365

Compensation

Mr. Steven R. Beauchamp, also known as Steve, serves as the Co-Chief Executive Officer of Paylocity Holding Corporation and served as its Chief Executive Officer. Mr. Beauchamp had been the President and C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Steven Sarowitz	Founder & Chairman	27.3yrs	US$292.54k	16.97% $ 1.4b
Steven Beauchamp	Co-CEO & Director	no data	US$21.58m	3.38% $ 279.1m
Toby Williams	President	2.1yrs	US$21.67m	0.090% $ 7.4m
Ryan Glenn	CFO & Treasurer	2.1yrs	US$6.05m	0.017% $ 1.4m
Rachit Lohani	Chief Technology Officer	2.6yrs	US$5.66m	0.020% $ 1.7m
Joshua Scutt	Senior Vice President of Sales	5.3yrs	US$5.79m	0.036% $ 3.0m
Katherine Ross	Senior Vice President	no data	US$4.49m	0.00036% $ 29.7k
Nicholas Rost	VP & Chief Accounting Officer	2.6yrs	no data	0.0016% $ 128.7k
Andrew Cappotelli	Chief Compliance & Risk Officer and VP of Finance	2.6yrs	no data	no data
Amber Livingston	VP & General Counsel	no data	no data	no data
Meera Mehta	Chief Marketing Officer	no data	no data	no data
Adam Byerley	Vice President of Strategy & Corporate Development	2.3yrs	no data	no data

2.4yrs

Average Tenure

51yo

Average Age

Experienced Management: 0P7's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Steven Sarowitz	Founder & Chairman	27.3yrs	US$292.54k	16.97% $ 1.4b
Steven Beauchamp	Co-CEO & Director	17.3yrs	US$21.58m	3.38% $ 279.1m
Toby Williams	President	2.1yrs	US$21.67m	0.090% $ 7.4m
Virginia Breen	Independent Director	5.6yrs	US$307.54k	0.012% $ 991.1k
Craig Conway	Director	less than a year	no data	no data
Ronald Waters	Lead Independent Director	10.4yrs	US$345.04k	0.014% $ 1.2m
Robin Pederson	Independent Director	4.1yrs	US$300.04k	0.0062% $ 507.5k
Jeffrey Diehl	Independent Director	15.9yrs	US$302.54k	0.045% $ 3.7m
Andres Reiner	Independent Director	9.6yrs	US$305.04k	0.044% $ 3.6m
Linda Breard	Independent Director	less than a year	no data	no data
Kenneth Robinson	Independent Director	4.1yrs	US$302.54k	0.0054% $ 444.0k

5.6yrs

Average Tenure

57yo

Average Age

Experienced Board: 0P7's board of directors are considered experienced (5.6 years average tenure).

Paylocity Holding Management

Management criteria checks 2/4

Key information

Recent management updates

Paylocity Adds Craig Conway to Board of Directors

Paylocity Holding Corporation, Annual General Meeting, Nov 30, 2023

Linda Breard Joins Paylocity's Board of Directors

Paylocity Holding Corporation Announces Resignation of Ellen Carnahan as Member of the Board of Directors

Insufficient new directors

Paylocity Holding Corporation, Annual General Meeting, Dec 01, 2022

Recent updates

Paylocity Holding Corporation to Report Q3, 2024 Results on May 02, 2024

Paylocity Adds Craig Conway to Board of Directors

Second quarter 2024 earnings released: EPS: US$0.68 (vs US$0.28 in 2Q 2023)

Paylocity Holding Corporation Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal Year 2024

Paylocity Holding Corporation to Report Q2, 2024 Results on Feb 08, 2024

Paylocity Holding Corporation (NasdaqGS:PCTY) acquired TraceHQ.com, Inc.

Paylocity Holding Corporation Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2024

First quarter 2024 earnings released: EPS: US$0.62 (vs US$0.55 in 1Q 2023)

Now 21% undervalued after recent price drop

Paylocity Holding Corporation, Annual General Meeting, Nov 30, 2023

Paylocity Introduces New Products Designed to Further Engage Today's Modern Workforce

Paylocity Holding Corporation to Report Q1, 2024 Results on Nov 02, 2023

Linda Breard Joins Paylocity's Board of Directors

Paylocity Holding Corporation Announces Resignation of Ellen Carnahan as Member of the Board of Directors

Paylocity Holding Corporation Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2024

Full year 2023 earnings released: EPS: US$2.53 (vs US$1.65 in FY 2022)

Paylocity Unveils New Products and Features to Further Extend Its Innovation and Leadership in the HCM Industry

Paylocity Holding Corporation to Report Q4, 2023 Results on Aug 03, 2023

Paylocity Holding Corporation(NasdaqGS:PCTY) dropped from S&P Software & Services Select Industry Index

Paylocity Provides Earnings Guidance for the Fourth Quarter and Full Fiscal Year 2023

Third quarter 2023 earnings released: EPS: US$1.03 (vs US$0.63 in 3Q 2022)

Insufficient new directors

Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.18 in 2Q 2022)

Paylocity Holding Corporation Provides Earnings Guidance for the Third Quarter and Fiscal Year 2023

Paylocity Accelerates Delivery of Integrations with Third-Party Systems, Enabling Greater Use of Employee Data Across the Enterprise

First quarter 2023 earnings released: EPS: US$0.55 (vs US$0.56 in 1Q 2022)

Paylocity Holding Corporation Provides Earnings Guidance for the Second Quarter and Full Fiscal Year of 2023

Paylocity Holding Corporation, Annual General Meeting, Dec 01, 2022

Paylocity Holding Corporation to Report Q1, 2023 Results on Nov 03, 2022

Lead Independent Director recently sold €742k worth of stock

Full year 2022 earnings released: EPS: US$1.65 (vs US$1.30 in FY 2021)

Paylocity Holding Corporation to Report Q4, 2022 Results on Aug 04, 2022

Paylocity Holding Corporation Announces Resignation of Mark Kinsey as Senior Vice President of Operations, Effective September 2, 2022

Third quarter 2022 earnings released: EPS: US$0.63 (vs US$0.68 in 3Q 2021)

Paylocity Holding Corporation Provides Revenue Guidance for the Fourth Quarter and Full Fiscal Year 2022

Paylocity Holding Corporation to Report Q3, 2022 Results on May 05, 2022

Paylocity Holding Corporation Provides Earnings Guidance for the Third Quarter and Full Year of 2022

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Paylocity Holding Corporation (NasdaqGS:PCTY) acquired Cloudsnap, Inc.

First quarter 2022 earnings released: EPS US$0.56 (vs US$0.23 in 1Q 2021)

Senior Vice President of Product & Technology Edward Gaty has left the company

Paylocity Holding Corporation Announces A New Range of Enhancements Across Its Platform

Lead Independent Director recently sold €1.4m worth of stock

Full year 2021 earnings released: EPS US$1.30 (vs US$1.20 in FY 2020)

Paylocity Holding Corporation Provides Earnings Guidance for the First Quarter and Full Year 2022

Third quarter 2021 earnings released: EPS US$0.68 (vs US$0.75 in 3Q 2020)

Paylocity Holding Corporation Provides Revenue Guidance for the Fourth Quarter and Full Year of Fiscal 2021

New 90-day low: €147

Second quarter 2021 earnings released: EPS US$0.18 (vs US$0.10 in 2Q 2020)

Revenue beats expectations

New 90-day high: €178

Paylocity Holding Corporation (NasdaqGS:PCTY) acquired Samepage Labs Inc.

Revenue beats expectations

First quarter 2021 earnings released: EPS US$0.23

New 90-day high: €169

New 90-day high: €165

Paylocity Holding Corporation to Report Q1, 2021 Results on Nov 05, 2020

Paylocity Appoints Tauhidah Shakir as Chief Diversity Officer

New 90-day high: €138

Paylocity Introduces Premium Video Across Platform to Provide More Dynamic, Asynchronous Workplace Communication

Full year earnings released - EPS €1.20

Paylocity Holding Corporation (NasdaqGS:PCTY) acquired VidGrid Inc.

Paylocity Holding Corporation to Report Q4, 2020 Results on Aug 06, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure