Paylocity Holding Corporation - Common Stock (PCTY)
Frequently Asked Questions About Paylocity Holding Corporation - Common Stock (PCTY)
How does Paylocity ensure data security?
Paylocity employs advanced security measures to protect client data. This includes encryption, secure data centers, and regular security audits. They also ensure compliance with various regulations, such as GDPR and HIPAA, to safeguard sensitive employee information.
How does Paylocity measure success?
Paylocity measures success through customer satisfaction metrics, employee engagement levels, and overall business growth indicators such as revenue and market share. They also gather client feedback to continuously improve their solutions and services.
How does Paylocity promote employee engagement?
Paylocity promotes employee engagement through features such as performance management tools, employee recognition programs, and survey capabilities that allow employers to gather feedback. Their employee self-service portal also encourages staff to take an active role in their HR processes.
How does Paylocity support its customers?
Paylocity offers robust customer support through multiple channels, including a dedicated help center, live chat, and personalized account representatives. They also provide training resources, webinars, and documentation to ensure that clients can fully leverage their HCM solutions.
How large is Paylocity's workforce?
As of my last update, Paylocity has a workforce of over 2,000 employees. The company values its culture and invests in talent development, ensuring that employees are equipped to drive client success and maintain high service standards.
What are Paylocity's values?
Paylocity values innovation, integrity, teamwork, and customer focus. These core values guide their business operations and drive their commitment to providing quality services and solutions that meet the evolving needs of their clients.
What are some recent developments at Paylocity?
Recently, Paylocity has focused on expanding its product offerings, integrating artificial intelligence and machine learning capabilities into its HCM suite to enhance user experience. They have also been actively acquiring companies that complement their core products, aiming to increase their market share and provide more comprehensive solutions.
What does Paylocity Holding Corporation do?
Paylocity Holding Corporation is a provider of cloud-based payroll and human capital management (HCM) software solutions. Founded in 1997, the company specializes in simplifying and streamlining HR processes for businesses of all sizes, offering various services like payroll processing, employee management, time tracking, and compliance solutions.
What industries does Paylocity serve?
Paylocity serves a variety of industries, including healthcare, manufacturing, retail, education, and professional services. Their versatile HCM solutions can be tailored to meet the specific needs of organizations across different sectors, providing tailored services that cater to diverse workforce management requirements.
What is Paylocity's business model?
Paylocity operates on a subscription-based business model, where clients pay for access to its software suite. This model allows businesses to pay based on the level of service they require, enabling flexibility and scalability as their needs change over time.
What is Paylocity's mission statement?
Paylocity's mission is to empower organizations to elevate their workforce by providing innovative technology solutions that enhance employee engagement and streamline HR processes. The company aims to be a partner in success for its clients, supporting them in achieving their business objectives.
What is the significance of Paylocity's IPO?
Paylocity went public in 2014, offering its shares on the NASDAQ under the symbol PCTY. The IPO marked a significant milestone for the company, providing it with the necessary capital to enhance its technology offerings, expand its market presence, and accelerate growth in the competitive HCM space.
What is the ticker symbol for Paylocity?
Paylocity is traded on the NASDAQ under the ticker symbol PCTY. This listing allows investors to buy and sell shares, reflecting their strong performance and market position in the human capital management software sector.
What resources does Paylocity provide for learning more about HR best practices?
Paylocity offers a variety of resources on its website, including blogs, white papers, case studies, and webinars, to educate businesses about HR best practices. These resources aim to provide insights that can help organizations optimize their HR processes and enhance overall workforce strategies.
What technology underpins Paylocity's solutions?
Paylocity's solutions are built on a cloud-based platform, which allows for seamless updates, easy scalability, and access from any device with internet connectivity. This technology foundation ensures that clients can access their HR and payroll data whenever they need it, making it easier to manage their workforce.
What types of integrations does Paylocity offer?
Paylocity offers integrations with various third-party platforms to enhance functionality and streamline operations. This includes compatibility with accounting software, benefits providers, and specialized applications, allowing businesses to create a comprehensive HCM ecosystem tailored to their needs.
What types of services does Paylocity offer?
Paylocity offers a wide range of services that include payroll processing, employee onboarding, time and attendance tracking, performance management, benefits administration, and comprehensive payroll reporting. Additionally, they provide HR modules and tools aimed at enhancing workplace efficiency and employee engagement.
When was Paylocity founded?
Paylocity was founded in 1997 by Bill Pelster and a group of partner entrepreneurs. The company started with the vision of providing innovative payroll solutions, and since then, it has evolved its offerings to encompass a comprehensive suite of human capital management tools.
Where is Paylocity located?
Paylocity is headquartered in Schaumburg, Illinois. This strategic location allows the company to tap into a diverse talent pool and remain closely connected to its clients across the United States.
Who are Paylocity's main competitors?
Paylocity competes with several major players in the HR and payroll software market, including ADP, Paychex, and Ultimate Software, among others. These companies also provide similar HCM services, but Paylocity positions itself by focusing on technology and user experience.
What is the current price of Paylocity Holding Corporation - Common Stock?
The current price of Paylocity Holding Corporation - Common Stock is 175.31
When was Paylocity Holding Corporation - Common Stock last traded?
The last trade of Paylocity Holding Corporation - Common Stock was at 2:55 pm EDT on April 4th, 2025
What is the market capitalization of Paylocity Holding Corporation - Common Stock?
The market capitalization of Paylocity Holding Corporation - Common Stock is 9.65B
How many shares of Paylocity Holding Corporation - Common Stock are outstanding?
Paylocity Holding Corporation - Common Stock has 55.03M shares outstanding.