When Andrew and Sylvana Siegel started Payday, Inc., in Albuquerque, New Mexico, in 1985, hardly any companies were outsourcing their workforce management, and most payroll functions were done manually.
Payday, Inc., grew out of a need for a payroll service bureau capable of handling payroll for companies of all types and sizes. The few payroll service bureaus that existed in Albuquerque at the time were only equipped to provide payroll processing services to businesses with over 100 employees. Payday filled a need to service not only larger, established businesses, but the smaller businesses in need of payroll services to support their growth.
Through dedication and quality service, the Siegels won over local businesses one after the other, saving them valuable time and money by offering a service that is typically non-revenue generating.
Over time, Payday, Inc.’s payroll services evolved into a broader range of human resource services. With each added and expanded capability, the company soon assumed the professional role of a Human Capital Management (HCM) service provider to many of its clients.
As outsourcing has become an increasingly popular (and smart) choice, and technology has advanced, Payday, Inc., has evolved into Payday HCM. By maintaining its hard-earned position as the area leader in HCM services, Payday HCM continues to deliver single-point-of-contact solutions to facilitate the management of our clients’ biggest assets: their employees.