The Aussie 🦄, Employment Hero is transforming HR and Payroll Management! 🇦🇺 🚀
Here’s how →
Employment Hero, an Australian startup founded in 2014 by Ben Thompson and Dave Tong, has rapidly transformed into a leading cloud-based HR, payroll, and benefits platform. This innovative company is dedicated to improving employment management for businesses and enhancing the overall employment experience for employees.
CEO and co-founder, Ben Thompson, brings a wealth of experience from his background in employment law. His vision for Employment Hero was to alleviate the complexities of HR and payroll processes for small to medium-sized enterprises (SMEs). Thompson's deep understanding of the pain points in HR management has driven the company to develop solutions that are not only effective but also accessible.
Co-founder and Chief Product & Technology Officer, Dave Tong, has played a crucial role in shaping the technological advancements of Employment Hero. His expertise has been pivotal in ensuring that the platform integrates seamlessly with various systems and provides a user-friendly experience that addresses the specific needs of businesses.
Employment Hero's Mission:
Employment Hero's mission is to simplify HR and payroll processes, making them more efficient and less time-consuming. By automating many of the traditional HR tasks, the platform helps businesses save time and reduce errors, which can significantly impact their operations.
Beyond streamlining processes, Employment Hero focuses on empowering employees by providing tools that help them manage their employment details, access benefits, and receive recognition. This holistic approach not only enhances employee satisfaction but also aids in retention and productivity.
Fascinating Facts:
Since its launch, Employment Hero has expanded its services globally, supporting over 300,000 businesses and managing more than 2 million employees worldwide. The platform processes over $100 billion in payroll annually, demonstrating its significant impact on the global employment landscape.
Employment Hero is known for its comprehensive suite of features, including integrated payroll services, performance management, onboarding, compliance, and benefits administration. The platform's ability to offer a wide range of services under one roof makes it a preferred choice for many businesses.
Employment Hero recently raised $263 million in a Series F funding round, marking it as the largest capital raise of the year for a privately held software company in Australia.
In a strategic move to enhance its services, Employment Hero acquired Employment Innovations, a firm with over 30 years of experience in managed payroll and HR advisory. This acquisition has further strengthened Employment Hero's capabilities, particularly in managed payroll services.
With its innovative platform, commitment to simplifying HR processes, and focus on employee empowerment, Employment Hero continues to set new standards in the HR tech industry.
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