Company: PAYC
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001193125-25-072358
Chunk: 34

Company: Paycom Software, Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 34
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)                |
| Dayforce, Inc.         |     | RingCentral, Inc.             |
| DocuSign, Inc.         |     | Splunk Inc.                   |
| Dynatrace, Inc. (New)  |     | The Trade Desk, Inc.          |
| Ebix, Inc.             |     | Tyler Technologies, Inc.      |
| Fair Isaac Corporation |     |                               |

43

We have a limited number of direct, public company business peers with a similar growth trajectory. As we continue to grow, the Committee remains focused on providing market-competitive and stockholder-aligned compensation programs that are appropriate for the size and strategy of the business. To assist with this goal, the Committee also reviewed data from larger companies in our industry, both in terms of market capitalization and revenue, to help the Committee understand how pay design and structure, as well as quantum of pay opportunity, may change as we continue to grow. The Committee reviewed trends in compensation structure and formulation among members of these reference groups as part of its overall executive compensation evaluation. Cash Compensation Base Salary We provide base salaries to our executive officers to compensate them for services rendered during the fiscal year and to recognize their experience, skills, knowledge and responsibilities. The Committee reviews and evaluates base salaries for our executive officers at least annually with input from its independent compensation consultant and our CEO (except with respect to his own compensation). In evaluating executive officer salaries, the Committee reviews (with input from its independent compensation consultant) compensation data of named executive officers of peer group companies, as well as a general competitive external market conditions for recruiting and retaining executive talent. The Committee approved a base salary increase for each executive officer in the first quarter of 2024, with changes effective July 1, 2024. The table below provides information regarding the base salary for each of our NEOs.

| Name                  |     | Prior Base 
 Salary ($) |     | 2024 Base Salary ($)(1) |     | % Change |
| Chad Richison         |     |    800,000 |     |                 832,000 |     | 4%       |
| Craig E. Boelte       |     |    524,097 |     |                 545,061 |     | 4%       |
| Bradley S. Smith      |     |    511,228 |     |                 531,667 |     | 4%       |
| Randy Peck(2)         |     |          — |     |