WorkJam has secured $50 million in a Series D funding round jointly led by the Fonds de solidarité FTQ and returning investor Inovia Capital.
WorkJam will use the new funding to expand its reach in Europe, Southeast Asia, Latin America and the U.S., fuel product innovation, and accelerate its business growth.
Amid a tight labor market, companies are competing intensely for talent and adopting WorkJam’s technology to empower their frontline employees with digital tools that help them seamlessly manage their schedules and tasks, access learning modules and features, and communicate with colleagues at every level of their organization.
Better Tech, Better Benefits
Implementing the correct technology tools can augment HR’s efforts and provide modern benefits that appeal to employees, writes this Paylocity executive in this HT exclusive. Providing early access to earned wages is one way that many hotels and restaurants are helping smooth out cash flow issues that employees may face. In fact, 7 out of 10 of the country's largest quick-service restaurant chains offer on-demand pay benefit.
Aramark, Circle K, DaVita Healthcare, Hilton, Shell and Ulta Beauty are among the global companies equipping frontline staff with the WorkJam app to drive retention, productivity and workplace happiness.
“Enterprise businesses across retail, hospitality, manufacturing and other industries are still dealing with turbulence within the workforce and the ripple effects of the Great Resignation,” said Steven Kramer, CEO of WorkJam.
WorkJam was founded in 2014 to improve the lives of frontline workers. As the world’s leading digital frontline workplace, WorkJam combines communication, task management, scheduling tools, learning, and more – all on one app. It is available in over 45 languages with inline translations.