S teven Sarowitz is a self-made American billionaire and the founder of Paylocity, a leading provider of cloud-based payroll and human capital management (HCM) software. He started his career working for other payroll processing companies before founding Paylocity in 1997. He built the company from the ground up, focusing on providing an integrated suite of software solutions for small and medium-sized businesses to manage their payroll, HR, and benefits.
The company's cloud-based model and focus on customer service allowed it to compete effectively with larger, more established players in the industry. Sarowitz took the company public on the Nasdaq in 2014, a move that turned him into a billionaire. He served as the company's CEO for many years before transitioning to the role of chairman. In addition to his business career, Sarowitz is a prominent philanthropist and a devout member of the Baháʼí Faith. He is also a film producer and the owner of the historic Wayfarers Chapel in California.
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