The Surprising Leader in Employee Compensation
When it comes to employee satisfaction with pay and benefits, you might expect a tech giant from Silicon Valley to top the list. However, the company that takes the crown is an HR business based in the heart of the Sun Belt.
Paycom Leads the Way
Paycom, an Oklahoma City-based HR and payroll tech company, has been named the number one company for best compensation, according to a recent analysis by Comparably, an employee review site. This ranking is based on 20 million anonymous employee reviews from the past year, evaluating employers on their total compensation package, including salary, raises, bonuses, benefits, stock, and equity.
What Sets Paycom Apart
So, what makes Paycom stand out from the rest? One employee praised the company’s generous commission structure, time off, and health-care benefits. This comprehensive approach to compensation has clearly resonated with Paycom’s workforce.
Other Top Performers
Rounding out the top five are Adobe, Salesforce, and two other companies that prioritize their employees’ financial well-being. At Adobe, employees rave about the company’s unlimited PTO, while Salesforce is recognized for its consistent raises and generous equity.
The Top 10 Companies for Compensation
Here are the top 10 companies where workers are happiest with their pay and benefits:
- Paycom
- [Company name]
- Adobe
- [Company name]
- Salesforce
- [Company name]
- [Company name]
- [Company name]
- [Company name]
- [Company name]
A Growing Concern
Unfortunately, not all employees are as satisfied with their compensation. According to recent data from Pew Research Center, 29% of U.S. workers are dissatisfied with their salary, citing concerns such as inadequate pay, lack of raises, and unequal compensation compared to coworkers.
Breaking the Mold
In a time when many employees are feeling undervalued, companies like Paycom are setting a new standard for compensation and benefits. By prioritizing their employees’ financial well-being, these companies are not only attracting top talent but also fostering a positive and productive work environment.
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