Paycom, a leading provider of comprehensive, cloud-based technology for human capital management, was awarded a slot on the 2014 Metro 50 list for a record 12th-consecutive year.
Recognizing Central Oklahoma’s fastest-growing private companies, Sept. 22’s awards banquet ranked Paycom at No. 27. Paycom has been a member of the Metro 50 for every year of eligibility and is the longest-reigning honoree. The accolade marks Paycom’s final Metro 50 listing, as the Oklahoma City-based company recently became publicly traded, with its shares opening for trade on the New York Stock Exchange.
“Being recognized as a sustainer has been a huge honor for Paycom,” said Chad Richison, Paycom founder and CEO. “Paycom has received many local and national awards through the years, but this one has always been among the most special to me. While we will miss being a part of future Metro 50 events, we are excited for our new chapter.”
For the second year, Paycom was featured as a Metro 50 Sustainer, bestowed to companies on the list for seven or more times in the last 10 years. Four companies joined Paycom as Sustainers at this year’s banquet.
“These established firms are among the reasons why Oklahoma City has seen such economic stability in the past several years,” said Rhonda Hooper, vice chair of economic development for the Greater Oklahoma City Chamber, which sponsors the annual event.
The Greater Oklahoma City area’s fastest-growing, privately owned companies for the year were ranked based on their percentage of revenue growth over the past two years. To qualify, companies must be for-profit, have been in business for three years and have 2013 operating revenues or sales of at least $1 million.