Paylocity Holding Corporation (PCTY)

Environment story

Paylocity discloses no Scope 1, Scope 2, or Scope 3 emissions data in its 10-K filing. The company mentions data center operations in Franklin Park, Illinois and Kenosha, Wisconsin, as well as potential future offsite facilities, but provides no quantification of energy consumption, renewable electricity percentage, or carbon footprint. No net-zero target year is disclosed. The company acknowledges growth in data center capacity and infrastructure to support expanding user transactions and data volume, which suggests rising operational energy intensity without disclosed mitigation. Absence of environmental commitments, sustainability reporting, or decarbonization initiatives results in a penalized baseline score. No material environmental controversies, toxic waste incidents, or water-usage disputes are disclosed in the 10-K.

Social story

Paylocity discloses workforce size and executive compensation structure but provides limited diversity and pay-equity metrics in the 10-K. The company emphasizes attraction and retention of skilled personnel across product development, sales, implementation, and client service, with acknowledgment that hiring in competitive markets is challenging. No disclosure of CEO-to-median-worker pay ratio, workforce gender or race representation percentages, or formal diversity programs. Union standing is not disclosed; no evidence of union suppression, labor litigation, or recent strikes appears in the 10-K. Supply-chain ethics are not addressed; Paylocity relies on third-party service providers (UPS, banks, software vendors) but does not disclose human-rights audits or labor-standards policies. Employee turnover rates and safety metrics are not reported. The company maintains general confidentiality and invention assignment agreements with employees but does not publicize commitments to living wages, supplier diversity, or civil-rights compliance beyond standard contractual protections.

Governance story

Paylocity operates with standard Delaware incorporation and bylaws. The 10-K discloses a single-class share structure with equal voting rights; no dual-class voting or founder supermajority is evident. Board independence percentage is not explicitly stated in the filing; director composition is not detailed. The company maintains a revolving credit facility with restrictive covenants regarding liens, indebtedness, merger transactions, and asset sales, which constrains operational flexibility but reflects standard lending discipline. Lobbying expenditures are not disclosed; no evidence of efforts to weaken climate or consumer-protection regulation appears in the 10-K. The company has faced no disclosed SEC consent decrees, antitrust proceedings, or material consumer-safety fines related to payroll processing. Cybersecurity and data-privacy risk disclosures are extensive, reflecting regulatory and reputational sensitivity to breaches, but no specific governance failures or penalties are reported. Anti-takeover provisions include blank-check preferred stock authority, board-filled vacancies, prohibition on special meetings, and Delaware exclusive-forum bylaws—standard protective mechanisms that may reduce shareholder activism.

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Paylocity Holding Corporation. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open Paylocity Holding Corporation in the app for interactive charts and portfolio building.

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