Paylocity Holding Corporation

Paylocity Holding Corporation, founded in 1997, provides cloud-based payroll and human capital management solutions primarily to mid-market companies in the United States. Its flagship Paylocity Workforce platform and mobile app deliver integrated payroll, HR management, and analytics services. Under CEO Steve Singletary’s leadership since 2014, the company has secured a strong market position with high customer retention. Future initiatives include expanding its product offerings and enhancing AI-driven features to meet evolving HR demands.

Paylocity's board authorized a share-repurchase program of up to $500 million in April 2024, increased by $500 million in July 2025 (and by a further $1 billion in April 2026); approximately $350.4 million remained available as of March 31, 2026, and the company repurchased $150.0 million of common shares in fiscal 2025 (year ended June 30, 2025).