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EY Survey: Cost Per Payroll Error Climbs to $339 Average for Companies
Payroll Technology

EY Survey: Cost Per Payroll Error Climbs to $339 Average for Companies

An EY analysis commissioned by Paycom estimates the average cost to correct a single payroll error has risen to $339—approximately 20% higher than EY's 2022 baseline—after adjusting for 2026 inflation. The figure gives HR and payroll technology buyers a concrete cost anchor, though the funder relationship warrants scrutiny.

Oct 18, 2026
Global HR Listed Companies by Market Cap, October 2026: TOP10 Loses $33 Billion in a Month
News

Global HR Listed Companies by Market Cap, October 2026: TOP10 Loses $33 Billion in a Month

The ten most valuable listed HR companies lost about $33.1B (−8.0%) between Aug 31 and Oct 2, 2026, to ~$378.3B combined. All nine companies on both lists fell; Paychex dropped 21.2% despite a solid quarter. Data: HRTechChina.

Oct 5, 2026
Earnings

Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results

aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year , with a GAAP net income of $502 million (27% of total revenues). Adj

Feb 12, 2025
Earnings

Paycom Q3 2024: A Financial Deep Dive – Revenues Climb to $452M, Up 11%

Paycom Software, Inc. reported robust financial results for the third quarter of 2024, announcing revenues of $452 million, an 11% increase year-over-year. The company's GAAP net income was $73 million, equivalent to $1.31 per diluted share

Oct 30, 2024
Earnings

Paycom Reports Robust Q2 2024 Results: Revenue Growth and Strong Cash Position

Paycom   Software, Inc. reported its financial results for the second quarter of 2024, with total revenues reaching $438 million, marking a 9% increase from the previous year. The GAAP net income was $68 million, equivalent to $1.20 per dil

Jul 31, 2024
Company News

Paycom Announces Promotions of Randy Peck to COO, Jennifer Kraszewski to CHRO and Matt Paque to CLO

Paycom Software, Inc. has announced major leadership promotions, positioning Randy Peck as Chief Operating Officer, Jennifer Kraszewski as Chief Human Resources Officer, and Matt Paque as Chief Legal Officer. These appointments reflect the

May 31, 2024
Earnings

Paycom's Stellar Q1 2024: Doubling Profits and Pioneering HCM Innovations

First Quarter Revenues of $500 million, up 11% from the comparable prior year period First Quarter GAAP Net Income of $247 million, representing 49% of total revenues, or $4.37 per diluted share First Quarter Non-GAAP Net Income of $147 mil

May 1, 2024
Earnings

Record-Breaking 2023: Paycom Reports Annual Revenues of $1.694 Billion, Up 23%

Paycom Software , Inc. Reports Fourth Quarter and Year-End 2023 Results Full Year Revenues of $1,694 million, up 23% year-over-year Full Year GAAP Net Income of $341 million, representing 20% of total revenues, or $5.88 per diluted share Fu

Feb 7, 2024
Company News

Chris Thomas Promoted to Paycom Co-CEO with Chad Richison

Paycom Software , Inc. announces Chris Thomas as Co-CEO alongside Chad Richison. With a history of leadership and innovation, Paycom's strategic move aims to enhance its growth and service in the HR tech industry. OKLAHOMA CITY Paycom Softw

Feb 7, 2024
Earnings

Paycom Software, Inc. Reports Second Quarter 2023 Results with 26.6% YoY Increase in Total Revenue

OKLAHOMA CITY, August 1, 2023-- Paycom Software , Inc. (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced its financial results for the quarter ended June 30, 2023. “We delivered anot

Aug 2, 2023
Earnings

Paycom Software, Inc. Reports First Quarter 2023 Results

First Quarter Revenues of $452 million, up 28% from the comparable prior year period First Quarter GAAP Net Income of $119 million, representing 26% of total revenues, or $2.06 per diluted share First Quarter Non-GAAP Net Income of $143 mil

May 3, 2023
Product News

The Global HR Software Market is expected to grow by $11.17 bn during 2022-2026, accelerating at a CAGR of 10.68% during the forecast period

The analyst has been monitoring the HR software market and it is poised to grow by  $11.17 bn  during 2022-2026, accelerating at a CAGR of 10.68% during the forecast period. Our report on the HR software market provides a holistic analysis,

Nov 7, 2022
JoshBersin

Next Generation HCM: It May Be Closer Than You Think.

But in the meantime, I want to talk about a big topic:  Next Gen HCM . What Is Next-Gen HCM? The Human Capital Management (HCM) market is a massive, business-critical market. Going back to the days of mainframe computers, applications like

Aug 28, 2022
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