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Paylocity Secures Five-Year Partnership with Islanders

Paylocity Secures Five-Year Partnership with Islanders

Paylocity Expands Partnership with the New York Islanders

SCHAUMBURG, Ill. — Paylocity (NASDAQ: PCTY), a premier provider of cloud-based HR, finance, and IT solutions, is thrilled to announce a significant expansion of its partnership with the New York Islanders and UBS Arena. This agreement marks a remarkable five-year collaboration, positioning Paylocity as the Official Human Capital Management (HCM) Partner for the Islanders, showcasing their commitment to supporting team operations both on and off the ice.

Enhancing Operations and Community Impact

This partnership is not just a symbolic gesture; it brings tangible benefits to the Islanders’ business team by providing Paylocity's comprehensive suite of HR and payroll technologies. With this implementation, the Islanders aim to streamline various back-office operations. By automating processes such as payroll, benefits administration, and facilitating employee engagement, the team can concentrate on strategic initiatives that will strengthen both the organization and its outreach to the community.

A Commitment to Accessibility in Sports

Highlighting the spirit of collaboration, Paylocity’s charitable initiative, Paylocity Gives, will be at the forefront of the Islanders’ Recycle the Game program. This initiative, created in partnership with the NHL, helps to support youth hockey by collecting and redistributing gently used equipment to aspiring young athletes in need. The Islanders’ continuous efforts through their equipment drive reinforce both the team’s and Paylocity’s dedication to making hockey more accessible, thereby nurturing the next generation of athletes.

Expressing Enthusiasm for the Partnership

Allison Windon, VP of Marketing at Paylocity, expressed the enthusiasm the company feels regarding this partnership, stating, "The Islanders are dedicated to building a winning culture both on and off the ice, and we’re proud to support that mission that makes their people-first vision possible. UBS Arena has redefined what it means to be a world-class venue, and that same spirit of innovation is at the heart of Paylocity’s platform." This sentiment reflects Paylocity's innovative approach to connect HR, finance, and IT, fostering seamless operations while keeping the focus on people and communities.

Mutual Benefits and Shared Values

Frank Romano, VP of Finance & Controller for the Islanders, acknowledged Paylocity’s relevance as their HCM partner, stating, "Their commitment to innovation and community aligns perfectly with our values. Together, we’ll enhance the way our organization operates and broaden the impact of our Recycle the Game program." This partnership is not just about operational efficiency; it emphasizes their collective goal to make a positive impact in the community.

About Paylocity

Headquartered in Schaumburg, IL, Paylocity has established itself as an award-winning provider of HR, finance, and IT software solutions through one unified platform. Founded in 1997 and publicly traded since 2014, Paylocity excels in creating intuitive solutions that assist businesses in automating HR and payroll functions, attracting talent, and fostering workplace culture. Recognized consistently as one of the best places to work, Paylocity is committed to helping clients build thriving workplaces and support their employees in achieving their best.

About UBS Arena

UBS Arena, situated at Belmont Park, is New York’s latest premier venue for live entertainment and sports, proudly hosting the New York Islanders. Opened in late 2021, it has welcomed over three million guests and more than 350 events, showcasing top talent from around the globe. Designed with fan experience in mind, UBS Arena integrates state-of-the-art technology to deliver an unparalleled atmosphere for both sports and concert experiences.

Accessibility and Sustainability

Emphasizing sustainability, UBS Arena has achieved significant certifications including Zero Waste TRUE Silver certification and LEED Green Building Certification. With a commitment to carbon-neutral operations, the venue is pioneering eco-friendly practices in the sports and entertainment industry, making it a model for future developments.

About the New York Islanders

The New York Islanders, winners of four Stanley Cup Championships, play in the NHL’s Eastern Conference and have a rich history marked by numerous accolades. The Islanders Children’s Foundation tirelessly works to support young individuals in need, emphasizing the importance of community engagement through their charitable initiatives.

Frequently Asked Questions

What is the nature of Paylocity's partnership with the New York Islanders?

Paylocity has become the Official Human Capital Management Partner for the New York Islanders, supporting various operations and community initiatives.

What are Paylocity's main offerings?

Paylocity provides cloud-based HR, finance, and IT solutions aimed at streamlining business operations, especially focusing on HR and payroll processes.

How does the partnership benefit community engagement?

The partnership facilitates initiatives like Recycle the Game, which provides youth with access to hockey equipment, promoting inclusivity in sports.

What accolades has Paylocity achieved?

Paylocity is consistently recognized as one of the best places to work and has won multiple awards for its innovative culture and technology.

What is UBS Arena known for?

UBS Arena is a state-of-the-art venue known for its exceptional fan experience, sustainability efforts, and hosting significant entertainment events, including hockey games.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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