About Paylocity
The HR and payroll system US mid-market teams run on.
Paylocity was founded in 1997 by Steve Sarowitz and is headquartered in Schaumburg, Illinois. It went public on NASDAQ as PCTY in 2014 and now serves around 36,000 US employers, mostly in the 50 to 5,000 employee range. The platform covers the full HCM stack: payroll and tax filing, time and labor, benefits administration, HRIS records, recruiting, onboarding, performance, compensation, learning and the employee experience layer (community, recognition, surveys).
For the HR and payroll team, Paylocity is the place every employee, pay stub, deduction, time entry, benefit election and applicant lives. The in-product reports cover the bi-weekly check well. The questions that cross HR, finance and operations, like fully loaded labor cost per cost center, real PTO impact on a delivery quarter, or first-year attrition by hiring source, need Paylocity data sitting next to general ledger, project and CRM data. Our connector pulls employees, pay runs and earnings, deductions, benefits, time entries and the recruiting pipeline into the warehouse, so those joins stop being a quarterly copy-paste into Excel.