Pros
- generous commission structure - fully remote - work/life balance
Cons
Paylocity has changed immensely over the past several years. Executives are thirsty to grow and grow fast. Territory compression has made it near impossible to make decent money. Base salary is no where near competitive for industry. Same base regardless of geography, success or tenure. I’ve seen this materialize in low caliber talent coming into the organization the past couple of years and high attrition due to territory compression. Unless you’re coming in to an established territory with strong referring partners and large label count, expect dismal total compensation. Less than 5% of sales reps at this point in time have an opportunity to make decent money. Unfortunately Paylocity lacks brand recognition and falls short in tech stack sophistication. 4-5 years ago it was a different story but PCTY has not been able to keep up. Worst point being, PCTY had tarnished their reputation due to inadequate implementation and service management and is continuing to lose a great deal of market share.