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Paylocity
Paylocity is an American company which provides cloud-based payroll and human capital management software. It has been based in Illinois since its founding in 1997. History The company was founded as Ameripay Payroll Ltd. by Steve Sarowitz in 1997. It was renamed Paylocity in December 2005. It relocated from Franklin Park, Illinois to Elk Grove Village, and later to Arlington Heights. The company has leased 309,000 square feet of office space in the former headquarters of Zurich Insurance North America in Schaumburg, Illinois. The move will be complete in 2019. It was one of the 5,000 fastest growing private companies according to ''Inc.'' Magazine in 2003, 2004, and from 2007 to 2014. The company was also included in the Deloitte Fast 500 as one of the fastest growing technology companies in 2013, 2014, and 2015. Paylocity held an initial public offering (IPO) in March 2014, raising about $120 million. The company was listed in Glassdoor Glassdoor is an American websit ...
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Steve Sarowitz
Steve Sarowitz (born 1965/1966) is an American billionaire businessman, and the founder of Paylocity. Early life Sarowitz earned a bachelor's degree from the University of Illinois at Urbana–Champaign. Career Sarowitz owned 44% of Paylocity at its IPO in March 2014, and 28% in April 2019. Personal life Sarowitz is married to Jessica; the couple lives in Highland Park, Illinois. He was raised Jewish, but later embraced the Baháʼí Faith The Baháʼí Faith is a religion founded in the 19th century that teaches the Baháʼí Faith and the unity of religion, essential worth of all religions and Baháʼí Faith and the unity of humanity, the unity of all people. Established by .... References Living people 1960s births American billionaires American company founders University of Illinois Urbana-Champaign alumni Converts to the Bahá'í Faith from Judaism American Bahá'ís 20th-century American Jews {{US-business-bio-1960s-stub ...
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List Of S&P 400 Companies
This is a list of companies having stocks that are included in the S&P MidCap 400 (S&P 400) stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index contains 401 stocks because it includes two share classes of stock from 1 of its component companies. __TOC__ S&P 400 MidCap Index Component Stocks Selected past and announced changes to the list of S&P 400 components S&P Dow Jones Indices updates the components of the S&P 400 periodically, typically in response to acquisitions, or to keep the index up to date as various companies grow or shrink in value. See also *List of S&P 500 companies The S&P 500 stock market index is maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial A ... * List of S&P 600 ...
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Schaumburg, Illinois
Schaumburg ( ) is a village mostly in Cook County and partly in DuPage County in northeastern Illinois, United States. Per the 2020 Census, the population was 78,723. Schaumburg is around northwest of the Chicago Loop and northwest of O'Hare International Airport. It is part of the Golden Corridor. In 2018 ''Money'' magazine ranked the Village of Schaumburg the Best Place to Live in Illinois. In 2017, ''Money'' ranked Schaumburg the 9th-best place to live in the United States. Along with Bolingbrook, Schaumburg has one of Illinois's two IKEA stores. It contains the Woodfield Mall, the 10th largest mall in the United States, which at most times has over 300 stores. Schaumburg's transition from a rural community to a suburban city began with Alfred Campanelli's first large-scale suburban-style development in 1959 and Woodfield Mall's opening on September 9, 1971. Schaumburg is bordered by Hoffman Estates and Palatine to the north, Inverness in northwest, Rolling Meadows to t ...
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Illinois Secretary Of State
The Secretary of State of Illinois is one of the six elected executive state offices of the government of Illinois, and one of the 47 secretaries of states in the United States. The Illinois Secretary of State keeps the state records, laws, library, and archives, and is the state's corporation registration, vehicle registration and driver licensing authority. The current Secretary of State is Jesse White, a Democrat who took office in 1999. Duties The Secretary of State is the keeper of the official records, laws, and Great Seal of Illinois. These duties have remained unchanged since Illinois became a U.S. state in 1818. In addition, the Secretary is the custodian of the Illinois State Capitol. The office is also responsible for administering the laws and procedures concerning the registration of corporations, lobbyists, and notaries public. The Secretary of State performs other duties prescribed by law. The Secretary oversees the state archive and the state library. Th ...
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Human Resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include manpower, Labour (human activity), labor, personnel, associates or simply: people. The Human Resources department (HR department) of an organization performs human resource management, overseeing various aspects of employment, such as compliance with labor law and employment standards, job interview, interviewing and selection, performance management, administration of Employee benefits, organizing of employee files with the required documents for future reference, and some aspects of recruitment (also known as talent acquisition) and employee offboarding. They serve as the link between an organization's management and its employees. The duties include planning, recruitment and selection process, posting job ads, evaluating the performance ...
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Cloud Computing
Cloud computing is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over multiple locations, each of which is a data center. Cloud computing relies on sharing of resources to achieve coherence and typically uses a "pay as you go" model, which can help in reducing capital expenses but may also lead to unexpected operating expenses for users. Value proposition Advocates of public and hybrid clouds claim that cloud computing allows companies to avoid or minimize up-front IT infrastructure costs. Proponents also claim that cloud computing allows enterprises to get their applications up and running faster, with improved manageability and less maintenance, and that it enables IT teams to more rapidly adjust resources to meet fluctuating and unpredictable demand, providing burst computing capability: high computing p ...
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Payroll
A payroll is the list of employees of some company that is entitled to receive payments as well as other work benefits and the amounts that each should receive. Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously made to employees, including salaries and wages, bonuses, and withheld taxes, or the company's department that deals with compensation. A company may handle all aspects of the payroll process in-house or can outsource aspects to a payroll processing company. Payroll in the U.S. is subject to federal, state and local regulations including employee exemptions, record keeping, and tax requirements. Frequency Companies typically process payroll at regular intervals. This interval varies from company to company and may differ within the company for different types of employee. According to research conducted in February 2022 by the U.S. Department of ...
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Human Capital Management
Humans (''Homo sapiens'') are the most abundant and widespread species of primate, characterized by bipedalism and exceptional cognitive skills due to a large and complex brain. This has enabled the development of advanced tools, culture, and language. Humans are highly social and tend to live in complex social structures composed of many cooperating and competing groups, from families and kinship networks to political states. Social interactions between humans have established a wide variety of values, social norms, and rituals, which bolster human society. Its intelligence and its desire to understand and influence the environment and to explain and manipulate phenomena have motivated humanity's development of science, philosophy, mythology, religion, and other fields of study. Although some scientists equate the term ''humans'' with all members of the genus ''Homo'', in common usage, it generally refers to ''Homo sapiens'', the only extant member. Anatomically modern hum ...
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Bloomberg Business
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the b ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Franklin Park, Illinois
Franklin Park is a village in Cook County, Illinois, United States. The population was 18,467 at the 2020 census, up from 18,333 at the 2010 census. It was named for real estate broker Lesser Franklin who bought acres of the area when it was a majority of farming fields. Geography According to the 2021 census gazetteer files, Franklin Park has a total area of , all land. Demographics As of the 2020 census there were 18,467 people, 5,747 households, and 4,165 families residing in the village. The population density was . There were 6,604 housing units at an average density of . The racial makeup of the village was 48.15% White, 1.68% African American, 2.04% Native American, 3.95% Asian, 0.03% Pacific Islander, 26.00% from other races, and 18.15% from two or more races. Hispanic or Latino of any race were 52.16% of the population. There were 5,747 households, out of which 58.15% had children under the age of 18 living with them, 47.82% were married couples living together, 19.89% ...
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Chief Marketing Officer
A chief marketing officer (CMO), also called a global marketing officer or marketing director, or chief brand officer, is a corporate executive responsible for managing marketing activities in an organization. Whilst historically these titles may have signified a legal responsibility, for example at Companies House in the UK, the titles are less strict/formal in the 21st Century and allow companies to acknowledge the evolving and increasingly significant role that marketers can play in an organisation, not least because of the inherent character of successful marketers. The CMO leads brand management, marketing communications (including advertising, promotions and public relations), market research, product marketing, distribution channel management, pricing, customer success, and customer service. The CMO is a member of the C-suite and typically reports to the chief executive officer. A number of senior vice presidents, vice presidents, directors, and other senior marketing ma ...
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