Management has completely destroyed the company culture. For years Paylocity was looked at as a better alternative to its competitors in the payroll space. The new management has turned Paylocity into just another one of those companies. Even though they talk about record revenue and profit, when it comes time for compensation and benefits, they only talk about sticking to the industry average. The company is just not interested in being better in any way. Not in service, software, or employee relations. None of it. Management is only interested in filling their own pockets and those of their friends they bring in from competitors. Executive and director management has swelled, and nearly all previous managers have been pushed out so no one remembers what it used to be like to work there.
In the interest of lowering costs, management is now arbitrarily ratcheting up production quotas while also reducing process efficiency to collect more data and taking away useful tools on a whim.
The "client first mentality" that was championed for many years has now been cast aside for a "sales first mentality". Get them in, get paid, and then watch the client struggle until they leave. The front-line employees are left to clean up the mess when the software fails to live up to client expectations and promises made by sales.
Unfortunately, the hard-working, experienced staff that fought for the client has already left or been disillusioned by management in every way. In keeping with a couple other reviews I read, I have personally seen my earning power reduced by over 25% with raises that don't cover inflation, increased cost of insurance, and losing the RSU (employee retention) plan. I fully expect cuts to PTO and 401k matches to be next. If the job market was booming right now, Paylocity would be a ghost town because they have forgotten how to treat employees as more than just a number. Stay away.