Office address: 439 Kent St, Sydney NSW 2000
Website: www.employmenthero.com
Year established: 2014
Company type: human resources services
Employees: 1,200+
Expertise: HR software, employee benefits, HR system on cloud, HR platform, payroll, recruitment software, payroll platform, payroll automation, HR automation
Parent company: N/A
Key people: Ben Thompson (CEO and founder), Dave Tong (CPTO and co-founder), Kevin Rawlings (CRO), Rob Paterson (CFO), Zara Tonkin (CoS), Rob Dunn (general manager), Tasman Page (GM), Shane Duffy (GM)
Financing status: venture capital-backed
Employment Hero, headquartered in Sydney, is a cloud-based HR, benefits, and payroll platform. They provide comprehensive software solutions for all employment stages, including recruiting and offboarding, empowering over 300,000 businesses globally. Their platform supports 2 million active users, with $25 million invested annually in research and development, and employing over 1,200 staff members.
Employment Hero was founded in 2014 by Ben Thompson and Dave Tong, aiming to change the employment sector. After achieving success in Australia, the company expanded to New Zealand, the UK, Malaysia, and Singapore. In 2017, they partnered with ANZ to offer HR technology to SMEs, providing free access to their HR software.
In 2018, SEEK and OneVentures invested $8 million to support the company’s executive leadership and expansion plans. The company raised $22 million in Series C funding, reaching a valuation of over $100 million in 2019. It won six Service Provider Awards in 2022 and achieved unicorn status in 2023, strengthening their international presence with investments from local employment marketplace SEEK.
The company offers a range of products and services designed to streamline HR and payroll management:
The company's diverse product offering seeks to empower businesses to build the people management platform that works best for them. This ensures end-to-end employee lifecycle management and compliant pay runs, while managing distributed teams with ease.
The company describes its culture as ‘The EH Way,’ reflecting their mission to make employment valuable and easier. The company values align with those who enjoy the fast-paced startup culture and working with other smart individuals. The staff thrives in a remote-first environment that offers flexibility and responsibility, with employee benefits including:
Employment Hero takes pride in its vibrant company culture, fostering a supportive and innovative environment as it scales. Emphasising work-life balance, they are committed to being a remote-first company. Their operational philosophy is summarised in three main principles:
The company is dedicated to making employment easier and more valuable. They embrace a global, diverse, and purpose-driven future of work. Their culture is described as being fair and inclusive, consistently rewarding and recognising outstanding contributions.
Ben Thompson has been the chief executive officer and co-founder of Employment Hero since 2014. He also founded Employment Innovations and Power2Motivate and served as a director at Keypay, among other leadership roles in various companies. Thompson holds a combined bachelor's degree in economics and law from the University of New England in Australia.
Supporting the CEO are key individuals who play important roles in operating the company:
Employment Hero has experienced significant growth in 2023, releasing a groundbreaking superapp and AI-driven advancements. The Swag App and SmartMatch aim to further streamline employment through technology and social impact initiatives. The company continues to expand globally and advance further, driving growth and value for clients.
The company recently acquired Employment Innovations to advance their mission of creating the world's smartest AI for payroll. This strategic merger aims to provide comprehensive HR and payroll solutions. Future goals include enhancing their AI capabilities and transforming the payroll process for HR and finance leaders.