Paycom reviews

3.3

49% would recommend to a friend

(1,493 total reviews)
avatar

Chad Richison

48% approve of CEO

46% positive business outlook

Reviews by job title

1K reviews

Reviews about "Compensation"

Return to all reviews
5.0
Sep 13, 2012
Recommend
CEO approval
Business Outlook

Pros

- Let me start out by saying this position exceeded every single one of my expectations! - Great atmosphere in the Denver office. All your colleagues are young outstanding professionals who work hard and play hard. You're never short on people to turn to or learn from and every member of the team is committed to your success. They're also great at making you laugh and helping you unwind during those tough days. - The Denver office has arguably the best manager in the company. He's very much committed to your success and ANYTHING he can do to help you out he will. Very easy to talk to and I don't think he ever got mad when our office made mistakes, instead he works with you to turn mistakes into great learning moments. He was also very quick to ride along with you and provide a ton of support on tough accounts. Its rare you find people like him and he was a huge positive factor in my decision to work for Paycom. - Extremely high compensation: $50K base plus uncapped commissions. I know every sales positions says "high earning potential", but at Paycom there's nothing fishy about it and I would say expect to make somewhere in the area of $65K-$75K your first year. - Tons of huge accounts in your territory, these usually equate to commission checks of $10,000 or more! Imagine paying off your credit cards, car payments, and student loans in one commission check. - Great opportunity to build excellent business acumen and overall business knowledge. You meet a ton of great C-level executives and business owners who really rub off on you. - Excellent on going training and support. - You get to manage your own business, territory, and time. Other than a two schedule phone canvassing times and a few trainings you get to plan your day.

Cons

- Job can really become stressful when you have more "to do" items than hours in the day. Most of the "to do" items are time sensitive and really require your immediate attention and this can cause your activity to slip. - The stress of work tends to follow you home on evenings and weekends. But this is common of most highly compensated positions. - Very little vacation time off your first year. The first year on the job is tough and becomes even harder when you have very little time off and really need a mental break. - I didn't have this issue, but some territories can be far which can put extra wear and tear on your car.

5.0
Sep 13, 2012
Recommend
CEO approval
Business Outlook

Pros

-Rewarding -You are in charge of most of your schedule, you must be a self starter -Great Pay -Everyone wants you to succeed -The harder you work the better you get at it -I am exhausted, but it feels so worth it

Cons

-Lots of hours. -It's harder when you first start. You have to get through it and believe that your work will pay off -Less free time. You have to manage time well

1.0
Aug 29, 2012
Recommend
CEO approval
Business Outlook

Pros

Pay structure is pretty solid. Good incentives to permanently raise your base if you last

Cons

I'm not telling you not to accept an offer if it is presented to you, especially if you're in a pinch, but I'm telling you DO NOT burn any bridges with other companies that may want to hire you. Paycom misrepresents their training. It's not training, it's a job trial. And they will not tell you if you're not performing up to par. I've been a top performer in a few sales organizations and was told i was doing well in training, then on my 10th day, I was told I didn't know the system well enough and let go....2 weeks after my hire date. Since then i've confirmed with several reps still employed there that this kind of thing happens all the time. There is no job security here. Most management is inexperienced. I even set 10 appointments in my 2 weeks there and they still let me go. If you have a choice between sales skills and product knowledge, you pick the one that can't be taught. So, if they're the first to offer you a position, take it, but don't go into it thinking long term because they aren't thinking that about you. Stall until something else opens up then jump ship. Don't make the same mistake I did. I wish any readers of this nothing but the best in whatever they choose to do.

Viewing 1483 - 1485 of 1,493 Reviews

Glassdoor has 5,040 Paycom reviews submitted anonymously by Paycom employees. Read employee reviews and ratings on Glassdoor to decide if Paycom is right for you.