Managed Benefits (Benefits Consulting and Brokerage)īring your team together with instant communication through Slack! With Namely’s integration with Slack you can make instant company announcements, encourage employee recognition, celebrate milestones, welcome new hires and more right into your designated Slack channel. Need more hands-on support? We’ve got you covered with Namely’s enhanced services: Managed Payroll (Outsourced Payroll Administration) Time & Attendance (Time Tracking & Scheduling) Payroll (Payroll Processing and Tax Management)īenefit Administration (Life Events, Enrollment, and Administration)Ĭompliance Plus (LMS, Handbook Creator, Live HR Advisors and more) Talent (Applicant Tracking and Performance Management) HR (Onboarding, HR Analytics & Reporting, and Compliance Support) Namely’s modern and intuitive platform includes: Review robust HR data and analytics to make smarter Administer and manage employee benefits Ensure you are staying up to date on compliance Run and manage payroll with ease and efficiency Namely’s all-in-one solution allows you to: With Namely, you get everything you need to build a better workplace through our single platform that is implemented with your unique business needs in mind. Namely is an HR solution for people leaders who want to save time, avoid error and build culture. With modern, intuitive technology and a world-class team of HR experts, Namely empowers people teams with an all-in-one HR solution designed for mid-sized businesses (25-1000 employees). Sounds nice, right? Namely gives you the resources, technology and people to support your company every step of the way throughout your HR process and landscape. Pave has raised $63 million in venture capital financing to date, according to Crunchbase. Bessemer Venture Partners and others also participated as investors in the round.Namely makes life easier for you, your boss, and your employees. “Compensation is more stressful than ever, we believe everyone is entitled to fair market information,” Schulman continued. The company is now hiring for dozens of open roles, spanning multiple departments Over the course of the last seven months, the nine person company has increased its headcount to 50.įollowing the latest raise, Pave will continue to expand the size of its team. Pave’s revenue isn’t the only thing on the upclimb. It is a basic human right, and all companies have a duty to leverage best-in-class benchmarking data to compensate fairly,” Matt Schulman, founder and CEO of Pave, said in a statement. “Price should not be a hurdle to understanding how much to pay your people. The tool is free to access, according to the company. Pave Communicate extends compensation statements to job candidates, enabling them to model out their ideal compensation package.Īnd finally Pave Benchmark, announced in tandem with the funding, helps companies decide how much to pay a new employee based on the specific role they’re applying for. Pave’s Plan offering helps companies administer bonuses via customizable recommendation and approval workflows. Pave offers three core products which integrate with dozens of other HR tools including Rippling, Namely and Greenhouse. continue to work remote and, in some cases, choose to relocate to new cities. The pandemic has helped to highlight a greater need for compensation transparency as employees across the U.S. “Companies are caught in a deep philosophical debate around how to compensate in a post-COVID era and Pave will be the first to know as the market moves,” Marc Andreessen, co-founder of Andreessen Horowitz, another Pave investor, said in a statement. SF tech news Human Interest Got $200M, Square Bought Afterpay, and More The company draws its data insights from anonymized employee records from over 900 brands. Pave’s platform leverages real-time data in order to keep companies informed on the ever-evolving labor market. Over the last several months the company has increased its revenue by 25x, according to Pave. The fresh raise, led by YC Continuity Fund, could not have come at a better time. On Tuesday Pave announced that it raised $46 million in a Series B round which sent the company’s valuation soaring to $400 million. After raising its Series A less than a year ago, the company is already receiving another fresh injection of capital to support its mission as it continues to grow. Pave, a San Francisco-based HR tech platform, is on a mission to arm companies with enough info to make more fair compensation decisions.
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