Press Room

The Oklahoma Billionaire Who Hit Pay Dirt With Payroll Software That Catapulted His Stock 1,800% Since IPO

It’s a bright morning in early November at Around the Corner, an old-school diner in the red-brick college town of Edmond, Oklahoma. The walls are plastered with college football pennants, but Chad Richison has a different contact sport on his mind. “It takes a lot of humility to just walk out on the wrestling mat in one of those singlets, and then you get pinned in 17 seconds in front of all your friends,” says Richison, 49. “Once you’ve stepped on a mat, everything else you do after gets easier.”

About Paycom

For 25 years, Paycom Software, Inc. (NYSE:PAYC) has simplified businesses and the lives of their employees through easy-to-use HR and payroll technology to empower transparency through direct access to their data. And thanks to its industry-first solution, Beti^®, employees now do their own payroll and are guided to find and fix costly errors before payroll submission. From onboarding and benefits enrollment to talent management and more, Paycom’s software streamlines processes, drives efficiencies and gives employees power over their own HR information, all in a single app. Recognized nationally for its technology and workplace culture, Paycom can now serve businesses of all sizes in the U.S. and internationally.