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Tech — Software

Paycom Software Executive Compensation (FY25)

PAYC · Oklahoma City, OK · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 7, 2026
295 figures on this page: 284 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chad Richison was paid $22,837,152 in total compensation as Chief Executive Officer for fiscal 2025, and Richison's total moved up from the $3,454,117 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 220:1, against median employee compensation of $103,900. The say-on-pay proposal drew 60.8% support at the meeting held May 4, 2026 for fiscal 2025. The disclosed peer group names ANSYS, Inc., Aspen Technology, Inc., Blackbaud, Inc., CoStar Group, Inc. and Datadog, Inc., among others.
Chief executive, fiscal 2025
◇
Chad Richison
Median of the other named officers
$5,491,726
6 officers, excluding the chief executive
Latest say-on-pay support
=
May 4, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Chad Richison: $3,454,117 → $22,837,152
CEO pay ratio: 42:1 → 220:1

Frequently asked questions

Answers drawn from the data on this page.
Who is Paycom Software's chief executive and what were they paid?
Chad Richison was paid $22,837,152 in total compensation as Chief Executive Officer for fiscal 2025. Richison's total moved up from the $3,454,117 reported for fiscal 2024.
What was Paycom Software's say-on-pay result?
The say-on-pay proposal drew 60.8% support at the meeting held May 4, 2026 for fiscal 2025.
Which companies are in Paycom Software's peer group?
The disclosed peer group names ANSYS, Inc., Aspen Technology, Inc., Blackbaud, Inc., CoStar Group, Inc. and Datadog, Inc., among others.
What is Paycom Software's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 220:1, against median employee compensation of $103,900.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Craig Boelte
Chief Financial Officer
◇—◇—◇—◇◇
Jon Evans
Former Chief Operating Officer
Departed during or after this year
◇—◇—◇—◇◇
Holly Faurot
Chief Sales Officer
◇—◇—◇—◇◇
Bradley Smith
Chief Information Officer
◇—◇—◇—◇◇
Chad Richison
President and Chief Executive Officer
◇———◇—◇◇
Justin Long
Vice President of Operations
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Craig E. Boelte
Chief Financial Officer
◇—◇—◇—◇◇
Holly Faurot
Chief Sales Officer
◇—◇—◇—◇◇
Bradley S. Smith
Chief Information Officer
◇—◇———◇◇
Jason D. Clark
Chief Administrative Officer
◇—◇———◇◇
Chris G. Thomas
Co-Chief Executive Officer and Former Chief Operating Officer
Departed during or after this year
◇—◇———◇◇
Chad Richison
Co-Chief Executive Officer and President
◇———◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Chris Thomas
Former Co-Chief Executive Officer
Departed during or after this year
◇—◇—◇—◇◇
Randy Peck
Chief Operating Officer
◇—◇—◇—◇◇
Craig Boelte
Chief Financial Officer
◇—◇—◇—◇◇
Holly Faurot
Former Chief Sales Officer
Departed during or after this year
◇—◇—◇—◇◇
Chad Richison
Chief Executive Officer and President
◇———◇—◇◇
Amy Vickroy Walker
Executive Vice President of Sales
◇◇◇———◇◇
Jason Clark
Chief Administrative Officer
◇—◇—◇—◇◇
Bradley Smith
Chief Information Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Chad Richison
Chief Executive Officer
◇—◇—◇—◇◇
Bradley S. Smith
Former Chief Information Officer
Departed during or after this year
◇—◇—◇—◇◇
Amy Vickroy Walker
Former Chief Sales Officer
Departed during or after this year
◇—◇—◇—◇◇
Robert D. Foster
Chief Financial Officer
◇—◇—◇—◇◇
Randy Peck
Chief Operating Officer
◇—◇—◇—◇◇
Shane Hadlock
President and Chief Client Officer
◇◇◇———◇◇
Craig E. Boelte
Former Chief Financial Officer
Departed during or after this year
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Amy Vickroy WalkerRSU◇——◇——◇
Amy Vickroy WalkerPSU◇◇◇◇◇—◇
Amy Vickroy WalkerRSU◇——◇——◇
Bradley S. SmithRSU◇——◇——◇
Bradley S. SmithPSU◇◇◇◇◇—◇
Chad RichisonRSU◇——◇——◇
Chad RichisonPSU◇◇◇◇◇—◇
Chris G. ThomasPSU◇—◇—◇—◇
Chris G. ThomasRSU◇——— withheld——◇
Chris G. ThomasRSU◇——◇——◇
Chris G. ThomasPSU◇—◇—◇—◇
Craig E. BoelteRSU◇——— withheld——◇
Holly FaurotRSU◇——— withheld——◇
Jason D. ClarkRSU◇——— withheld——◇
Randy PeckPSU◇◇◇◇◇—◇
Randy PeckRSU◇——◇——◇
Robert D. FosterPSU◇◇◇◇◇—◇
Robert D. FosterRSU◇——◇——◇
Shane HadlockRSU◇——◇——◇
Shane HadlockRSU◇——◇——◇
Shane HadlockRSU◇——◇——◇
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Randy PeckRSU◇◇——
RSU◇◇——
Shane HadlockPSU◇◇——
RSU◇◇——
Amy WalkerRSU◇◇——
RSU◇◇——
Robert FosterRSU◇◇——
RSU◇◇——
Chad RichisonRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Frederick C. Peters II
Lead independent director
◇◇————◇
Felicia Williams
◇◇————◇
J.C. Watts, Jr
◇◇————◇
Sharen J. Turney
◇◇————◇
Henry C. Duques
◇◇————◇
Archana Vemulapalli
◇◇————◇
Joseph L. Binz
—◇————◇
Chad Richison and Robert J. Levenson served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ANSYS, Inc. ANSS
  • Aspen Technology, Inc. AZPN
  • Blackbaud, Inc. BLKB
  • CoStar Group, Inc. CSGP
  • Datadog, Inc. DDOG
  • Dayforce, Inc. DAY
  • DocuSign, Inc. DOCU
  • Dynatrace, Inc. DT
  • Fair Isaac Corporation FICO
  • Guidewire Software, Inc. GWRE
  • HubSpot, Inc. HUBS
  • Informatica Inc. INFA
  • Okta, Inc. OKTA
  • Paylocity Holding Corporation PCTY
  • Procore Technologies, Inc. PCOR
  • PTC Inc. PTC
  • RingCentral, Inc. RNG
  • The Trade Desk, Inc. TTD
  • Tyler Technologies, Inc. TYL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 4, 2026=◇◇◇
2024May 5, 2025=◇◇◇
2023April 29, 2024=◇◇◇
2022May 1, 2023=◇◇◇
2021May 2, 2022=◇◇◇
2020May 3, 2021=◇◇◇
2019April 27, 2020=◇◇◇
2018April 29, 2019=◇◇◇
2017April 30, 2018=◇◇◇
2016May 1, 2017=◇◇◇
2015May 2, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Paycom Software disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Paycom Software sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Say-on-pay responsiveness
Paycom Software recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
295 figures on this page: 284 cited to the filing that reported them, 11 calculated from figures it prints.
284 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-211919
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-140064
    2025 Grants of Plan-Based Awards Table · 2025 Outstanding Equity Awards at Fiscal Year-End Table · CEO Pay Ratio · Director Compensation · and 2 more sections
  3. 0000950170-25-066951
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-072358
    Summary Compensation Table
  5. 0000950170-24-052319
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-080589
    Summary Compensation Table
  7. 0001193125-23-135902
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-23-081403
    Summary Compensation Table for Fiscal Years Ended December 31, 2022, 2021 and 2020
  9. 0001193125-22-143628
  10. 0001193125-21-154947
  11. 0001564590-20-019716
  12. 0001193125-19-135212
  13. 0001193125-18-148737
  14. 0001193125-17-158984
  15. 0001193125-16-580001
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Paycom Software executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PAYC (accessed 2026).
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Paycom Software discloses

The companies named in PAYC's own disclosed peer group.

Blackbaud, Inc.Datadog, Inc.DocuSign, Inc.Dynatrace, Inc.Fair Isaac CorporationGuidewire Software, Inc.HubSpot, Inc.Okta, Inc.Paylocity Holding CorporationProcore Technologies, Inc.PTC Inc.RingCentral, Inc.The Trade Desk, Inc.Tyler Technologies, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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