How Williams was paid
$18M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Toby J. WilliamsPresident and Chief Executive Officer | $680,960 | — | $16,319,530 | $951,471 | $92,521 | $18,044,482 |
| Steven R. BeauchampExecutive Chairman and Former Co-Chief Executive Officer | $340,842 | — | $2,213,025 | $445,606 | $45,044 | $3,044,516 |
| Ryan GlennChief Financial Officer | $427,429 | — | $5,240,359 | $597,225 | $41,955 | $6,306,968 |
| Joshua ScuttSenior Vice President of Sales | $460,058 | — | $3,835,620 | $641,878 | $201,680 | $5,139,236 |
| Melissa KingSenior Vice President of Product and Technology | $230,208 | $275,000 | $3,500,141 | $237,412 | $18,654 | $4,261,415 |
| Andrew CappotelliSenior Vice President of Operations | $400,000 | — | $1,999,052 | $552,000 | $173,803 | $3,124,855 |
What changed and why
- $18M2025 CEO total compensation was $18,044,482, up from $14,737,065 in 2024.
- $3MAugust 5, 2024: Williams became CEO while Beauchamp became Executive Chairman, reducing Beauchamp’s 2025 total compensation to $3,044,516.
- $16.3M$16,319,530 of Williams’s compensation was stock-based awards, with PSUs tied to Recurring and other revenue targets.
- 100%100% of Williams’s fiscal 2025 base salary was his annual bonus target; actual non-equity incentive compensation was $951,471.
- $110K164:1 was the CEO-to-median-employee pay ratio, based on median employee compensation of $110,302.
- 95.5%95.5% of votes supported the prior year’s say-on-pay proposal.
Other Paylocity Holding proxy statements
- 2026 proxy statement
Toby J. Williams paid $23.5M (+30% on the year), pay ratio 228:1.
Filed Oct 22, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.