On August 26th, Paycom employees and Oklahoma City dignitaries cut the ribbon and celebrated the grand opening of Paycom’s new 90,000 square foot headquarters located on 14 acres on the north side of Memorial Road between Rockwell Ave. and Council Road. The beautiful, state-of-the-art, employee centric headquarters currently houses almost 400 employees with plans to hire and fill the remaining 200 seats within the next year. Governor Mary Fallin was in attendance to speak at the event, as well as Paycom CEO Chad Richison, and chamber president Roy Williams.
In addition to a tier-3, fully redundant data center and on-site training facilities, the new Paycom headquarters has a colorful and multi-functional cafeteria where employees can gather and enjoy affordable meals, subsidized by Paycom. They also have a gym with a running track, a basketball court, outdoor fields and fully equipped locker rooms. “Our employees are our number one asset and this new building allows us to treat them as such,” said Chad Richison, Paycom’s Founder and CEO. “We have a fast-paced culture. We work hard, but we have fun in the process. This new building fits our culture and our employees are excited to utilize every square foot.”
Founded in Oklahoma City in 1998, Paycom pioneered the Internet payroll market as the first 100% online payroll provider. Serving customers in all 50 states from 18 offices across the country, Paycom is the largest exclusively online provider of full-service payroll and HR software in the U.S. Paycom is a nine-year honoree on Oklahoma City’s Metro 50 list, and a six-year member of the Inc. 500/5000 for being one of the fastest-growing private companies in the country. Paycom continues to grow revenues at rate of 40% year after year by expanding into new markets and adding new services. In 2011, Paycom released Applicant Tracking, E-Verify, On-Boarding, Document Storage and Expense Management services to its already robust Payroll/HR application.
“It’s our vision to be the industry leader in the payroll business. We will accomplish that by continuing to develop our cutting-edge payroll/HR technology and by hiring bright, talented and passionate individuals to sell our product and care for our clients,” said Richison. “This new building is just the beginning.”
“We are thrilled that Paycom has chosen to invest in Oklahoma City,” said Roy Williams, president and CEO of the Greater Oklahoma City Chamber. “Paycom is growing steadily and continuing to add jobs to the local economy. They are a great example of how a company can thrive in this market.”
Paycom is currently hiring 15-20 new employees each month and anticipates adding at least 500 jobs over the next three years. Jobs include positions in sales and software development, client support and general headquarter administrative positions. The new 14- acre Paycom campus has plenty of room for growth.
“This is an exciting time for Paycom and for the State of Oklahoma,” said Governor Mary Fallin. “They find themselves at this important milestone today because they do things right. Their innovation, resourcefulness, financial responsibility, and cutting edge customer service makes Paycom a model business for Oklahoma.”