Steven R. Beauchamp is the Co-Chief Executive Officer of Paylocity Holding Corporation, a leading cloud-based payroll and HR software company. He has been with Paylocity since 2007, driving the company’s growth and innovation in the payroll services industry. With a...

Number of Employees

6.1K

Year

2022

Total Compensation

$9.82M

Salary

$638.40K

Board Justification

Paylocity aims to attract and retain talent by offering competitive compensation linked to performance, aligning executive interests with those of stockholders.

Bonus

$957.60K

Board Justification

Target annual bonus was 100% of base salary, paid based on exceeding performance metrics for fiscal 2023.

Other

$25.27K

Board Justification

Includes company funded 401(k) matching contributions and other benefits.

Restricted Stock

$8.20M(30.08K RSU)

Board Justification

30,079 RSUs granted on August 15, 2022, vesting 6.25% quarterly over three years, subject to continued service.

Performance Metrics

Performance metrics for bonuses were based on Recurring and Other Revenue (60%) and Adjusted EBITDA (40%).

SEC Filing

From October 20, 2023

Steven R. Beauchamp

Founder and Ex-CEO of Paylocity

SR

Education

B.S. in Business Administration from the University of Illinois.

Field of Expertise

Business & Management

Born

January 1, 1973 - 52 years ago

Is Founder?

Yes

Tenure

8 years 2 months (Jan 2014 - Mar 2022)

Previous Experience

Various roles at Paylocity since its founding in 1997, including Chief Operating Officer.