Paycom reviews

3.3

48% would recommend to a friend

(1,492 total reviews)
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Chad Richison

48% approve of CEO

46% positive business outlook

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1K reviews

Reviews about "Compensation"

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5.0
Oct 8, 2013
Recommend
CEO approval
Business Outlook

Pros

Let's start with the most exciting...the pay! :) I started working for the company when I was 22 years old. Although it was a very difficult job, the compensation more than made up for it. I started with a base of 30k, which it significantly increased to 45k within 2 months. Then again about a year later, the starting base went to 50k. After a little over a year of selling, my base went to 80k and eventually made it to over 100k+. This doesn't even include commissions. Money isn't the only thing that is amazing. So is the opportunity for advancement. If you want to be in management, you have the ability to do so within 2 years (sometimes even less!). Reps and managers get to travel once a quarter to executive rep training in Dallas and stay at the Grand Hyatt. We do dinners, trainings, and stay at an amazing hotel. President's Club is the most fun I have ever had. We have opportunities to go to Maui, Puerto Rico, Naples, New York, Sedona, etc. The company pays for the trip and allows you to not use vacation time while you're there. Overall, it's an AMAZING company and I wouldn't trade my experience for the world!!!

Cons

I wish I would have received a little more vacation time during my first year of employment.

5.0
Jan 9, 2013
Recommend
CEO approval
Business Outlook

Pros

- I decide how much money I make! - Great environment, management, and benefits! - We have an amazing product! - Love it!

Cons

- Long interview process. - Hard work, but it pays off big time $$$

2.0
Dec 29, 2012
Recommend
CEO approval
Business Outlook

Pros

The company has a great product that excels in its targeted market. The compensation is very lucrative and the total compensation (salary, commission, benefits, stock options, 401k, President's Club, etc.) is hard to beat. All aspects of the sales role are highly micro-managed. This is not a job for experienced sales professionals. If you are fresh out of college or in your first 1-3 years in the workplace, this is a great company to make great earnings and learn a tremendous amount about professional B2B sales. Warning: the work environment is a pressure cooker. Even when you are over plan you will still feel burdened for not having more deals to bring in. This lends itself to very high turnover. There are very few sales reps that have been with the company more than 2-3 years. Overall, you can make a great living for 1-3 years if you can put up with the stress; not a great place for the development of a long term career.

Cons

Overall pressure cooker in sales. Reps are highly micro-managed and there is very little career trajectory for the vast majority. New reps come in and out on a regular basis.

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