Payday HCM at a Glance

Payday HCM is a payroll, HR, and employee benefits provider headquartered in Albuquerque, New Mexico. This page is a complete summary of who we are, what we do, who we serve, and what it costs. Every section links to a page with full details.

Who We Are

Payday HCM was founded in 1985 in Albuquerque, New Mexico by Andy Siegel, who started the company with a $6,000 bank loan, a PC, and a dot-matrix printer. Today, Payday HCM is a local company with 50 employees serving businesses across Albuquerque, New Mexico, the Southwest, and has clients across the country.

Founded: 1985 in Albuquerque, NM
Founder and CEO: Andy Siegel
Headquarters: 5011 Indian School Road NE, Albuquerque, NM 87110
Team: 50 employees, including dedicated client service teams
Average client tenure: 14+ years
Service philosophy: Guided by the principles of "Unreasonable Hospitality"
Certifications and memberships: CPP Certified with payroll.org, SHRM Certified, Top Workplaces 2026, 2025, 2024, 2023, 2020

→ Full story: Who We Are | Our Mission

Watch to learn about our history

Meet the Team

When you call Payday HCM, you reach people whose names you know. Our 50 person team is organized into dedicated client service teams, so the same people handle your account every time.

Leadership:

Andy Siegel — Founder and CEO. Started Payday in 1985 and still leads it today. He believes businesses should spend their time on what they do best — not tedious payroll and HR tasks.
Liz Mink — Director of Operations
Keith Edwards — VP of Sales
Patrick Sanders — VP of Sales, Insurance Agency
Kristi Feist — VP of Sales, DSO Division

Behind them: implementation managers, tax specialists, benefits administrators, HR business partners, and a client service team available 24/7.

→ Meet the full team

What We Do

Payday HCM provides six core services. Most clients start with payroll and add services as they grow.

Payroll Services. We process payroll on your schedule (weekly, bi-weekly, or semi-monthly), handle tax filings, and make sure employees are paid correctly and on time. → Payroll Services
Employee Benefits. We act as both benefits broker and administrator: designing health, dental, vision, life, and disability plans, then managing enrollment, deductions, ACA and COBRA compliance, and carrier communications. → Employee Benefits
HR Consulting. Compliance guidance, employee handbooks, time-off management, and conflict resolution support from real HR professionals. → HR Services
Managed Payroll. Fully outsourced payroll and HR at one complete price, for owners who want it all off their plate. → Managed Payroll
Timekeeping. Time and labor tracking that feeds directly into payroll, including meal and break tracking. → Timekeeping
Hiring and Onboarding. An applicant tracking system plus electronic onboarding so new hires are ready on day one. → ATS | Onboarding

Who We Serve Best

Payday HCM works best for businesses with 5 to 1,000+ employees whose owner or office manager handles payroll, HR, and benefits on top of everything else. Most of our clients are in New Mexico and the surrounding Southwest, though we support clients all around the country.

We're probably a strong fit if:

You want a named team that answers the phone, not a ticket queue
You're worried about compliance, tax rules, or payroll mistakes
You want payroll and benefits handled by one local partner

We may not be the right fit if: You want the cheapest possible self-service software and never plan to call anyone, or you need a global payroll platform for employees in many countries. In those cases, a national self-service platform may serve you better.

Contact a Payroll Expert View Your Pricing

Industries We Know

We serve businesses across many industries, with deep experience in:

Banks and financial services → Click Here
Dental practices and Dental Service Organizations (DSOs) → Click Here
Hospitality and restaurants → Click Here
Don't see your industry? No worries → Click Here

Our Most Popular Services

Payroll Processing — the service most clients start with.

Employee Benefits and Insurance — our fastest-growing service, combining brokerage and administration under one roof.

Human Resource Consulting — hands-on guidance for the compliance and people-management issues payroll alone can't solve.

Managed Payroll — for owners who want payroll and HR fully off their plate.

Pricing

Businesses with 49 or fewer employees:

Core: starting at $8.14 per employee/month plus a $125.04 monthly base fee
Core with Time: starting at $10.90 per employee/month plus a $151.34 monthly base fee
A one-time implementation fee applies to new accounts [AMOUNT OR RANGE]

Businesses with 50 or more employees:

Core: starting at $14.24 per employee/month
Core with Time: starting at $15.88 per employee/month (starting at 5 users)
Comprehensive: starting at $18.70 per employee/month

HR services: from $145/hour, with retainer plans starting at $250/month.

Worked examples: A 20-person restaurant on Core pays roughly $247.14/month. A 75-person bank on Comprehensive pays roughly $1,309/month.

Timing: Most businesses are fully switched over in 4-6 weeks.

→ Full pricing details | Get instant pricing with our calculator

Frequently Asked Questions

How does your payroll system ensure accuracy and compliance with tax regulations?

Our payroll system is equipped with advanced algorithms that automatically calculate taxes based on the latest federal, state, and local tax laws. It continuously updates to reflect any changes in legislation, ensuring that your payroll remains compliant and accurate, thereby reducing the risk of penalties and errors.

How much does it cost to outsource payroll?

The cost of outsourcing payroll varies depending on the size of your business, the services included, and the provider you choose. Most providers charge a base monthly or per-payroll fee plus a per-employee fee. Initial setup fees are common and can range widely. Additional costs may include year-end tax filing, direct deposit processing, garnishment handling, and HR add-ons. When evaluating cost, be sure to account for the time savings, reduced compliance risk, and the cost of errors that outsourcing prevents. Many businesses find that the ROI of outsourcing far exceeds the service fees.

How does Payday HCM handle multi-state payroll for businesses with employees in different states?

Payday HCM automatically calculates and withholds the correct state and local taxes for employees regardless of where they work. The system stays updated with changing tax laws across all states, so you never have to manually track rate changes. Learn more about multi-state payroll.

What is Human Resources (HR), and why does my business need it?

Human Resources (HR) is the business function responsible for managing the people who work for your organization. This includes recruiting and hiring, onboarding, employee relations, performance management, compliance with labor laws, and managing compensation and benefits. Even small businesses need HR support—without it, you're exposed to compliance risks, higher turnover, employee dissatisfaction, and potential lawsuits. Whether you staff an internal HR department or partner with an HCM provider to handle these functions, having solid HR infrastructure is essential for sustainable business growth.

What areas of HR management do your services cover?

Our services encompass a wide range of HR areas, including talent acquisition, employee relations, training and development, performance management, compliance, and workforce analytics.

How do your HR solutions integrate with existing HR systems?

We prioritize seamless integration. Our solutions are designed to complement and enhance your existing HR systems, ensuring a smooth transition and minimal disruption to your current operations.

Is it better to keep our employee benefits with one HCM provider and HRIS system?

In most cases, yes. When payroll and benefits are managed through a single, integrated platform, you reduce data entry errors, eliminate the need to manually reconcile deductions between systems, and create a more streamlined experience for both HR administrators and employees. Split providers often lead to discrepancies in payroll deductions, delayed benefits updates, and finger-pointing between vendors when issues arise. An integrated approach also simplifies compliance reporting and ensures that benefit elections are reflected accurately in each paycheck.

Why do employee benefits matter for my business?

Employee benefits are one of the most powerful tools you have for attracting and retaining top talent. In today's competitive labor market, a strong benefits package can set your company apart from competitors offering similar salaries. Beyond recruitment, benefits impact employee morale, productivity, and loyalty. Employees who feel financially secure and physically well are more engaged and less likely to leave. A robust benefits package also signals that your company values its people—which strengthens your overall workplace culture.

How can you help my employee benefits package stand apart from others?

We can help ensure your benefits package stands out with a high degree of customization, comprehensive options covering a wide range of needs, and a commitment to aligning benefits with the specific goals and culture of your organization.

How We're Different

Local and long-tenured. 40 years in Albuquerque, with an average client relationship of 14+ years.
A named team, not a ticket queue. Every client gets a dedicated service team and 24/7 access to a real person.
Payroll and benefits under one roof. We're one of the few local providers that combines payroll processing with a licensed benefits brokerage and administration team.
Right-sized for you. Big-box providers build for volume. We build around how your business actually runs.

→ Ready to talk? Contact us or call 1-888-2PAYDAY.