A history of doing it the right way

How did we go from 15 employees and $1 million in revenue in 1993 to $70 million in revenue and over 500 employees this year?

It began in 1990. That’s when Bob Coughlin cashed in some savings, sold stock and took a small business loan to start a payroll company. With that, he began laying the foundation for a business that would become the largest independently owned payroll service provider in the country.

Today’s Paycor is a result of hiring the right people, partnering with the right companies, building the right products and growing the right way.

Working with solid allies
In 1994 Paycor agreed to process payrolls for the clients of another Cincinnati-based business: Fifth Third Bank. By 2000, our sales professionals were working with and receiving referrals from Fifth Third. And today the partnership continues to thrive.

Relying on personal strength
In 1997 we put together a development team and charged them with creating payroll software from scratch. A huge undertaking, but one which we believed would provide us with the greatest flexibility for the future.

And it worked. Today, Paycor software is a key differentiator between us and the competition–it allows us to update and change along with the needs of our clients. Plus it has allowed us to expand beyond Payroll, creating solutions for HR, Time and Attendance and more.

Exploring new territory
In the early years, we quickly expanded our borders – moving into Kentucky, Michigan, and Indiana. Then in July of 2004, we slapped on some sunscreen and expanded into Jacksonville, Florida. Later in 2006, we moved farther west into Kansas City. Today, with 19 offices serving 18,000 clients from all 50 states, geographical constraints are ancient history.

Hiring good people
From the beginning Paycor has been a company built upon a commitment of putting clients first through exceptional personal service. That in and of itself requires a special kind of person. One who cares – about their work, their coworkers and their community. It means that since the beginning, we’ve hired the kind of people who make a difference.

Reach out to a representative today. See how we can make a difference for you.