Employment Hero
Founded Year
2014Stage
Secondary Market | AliveTotal Raised
$457.93MLast Raised
$60.4M | 2 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-25 points in the past 30 days
About Employment Hero
Employment Hero specializes in providing an all-in-one HR, payroll, and benefits platform for businesses. The company offers solutions for automating recruitment, managing HR processes, and streamlining payroll, as well as a suite of tools for employee engagement, learning and development, and artificial intelligence enhancements. Employment Hero primarily serves small to medium-sized businesses looking to optimize their human resources and payroll operations. It was founded in 2014 and is based in Sydney, Australia.
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Expert Collections containing Employment Hero
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Employment Hero is included in 4 Expert Collections, including HR Tech.
HR Tech
5,910 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,270 items
Fintech
13,699 items
Excludes US-based companies
Store tech (In-store retail tech)
387 items
Latest Employment Hero News
Apr 7, 2025
The changes to employer National Insurance Contributions (NICs) that came into force yesterday will hit medium-sized businesses hard, with companies employing 20 or more staff facing costs of £8,472 annually, according to new analysis from Employment Hero. Employment Hero’s analysis found that while the very smallest employers may benefit due to the extension of the Employment Allowance to £10,500, businesses with more than 8-10 employees will face significant additional costs, especially in higher-wage regions like London. This follows concerning employment trends identified in Employment Hero’s latest SmartMatch Employment Report, which uses real-time data from 105,000 employees across UK SMEs. The report has shown that employment has contracted by an average of 0.3% every month since the NIC hike was announced in October, including a 0.4% decline in February alone. Kevin Fitzgerald, UK MD of Employment Hero said, “These NIC changes create a significant burden for growing businesses at exactly the wrong time. Our data clearly shows that employers have been preparing for these increased costs since the announcement in October by slowing hiring, particularly among younger workers who have seen employment fall by 1.8% in February alone.” “While the smallest businesses may benefit from the Employment Allowance extension, the cost escalates rapidly once you pass about 8-10 employees. “A medium-sized business with 20 or more staff is looking at over £8,400 in additional annual costs – money that could otherwise be invested in growth, innovation, or higher wages. Larger firms are looking at close to £18,000 on average.” “Regional differences are stark too – smaller businesses in London face costs sooner due to higher average salaries. You shouldn’t be punished for wanting to pay your staff enough to survive in an incredibly expensive city. Elsewhere, large firms in the Midlands have the highest average cost at almost £30,000.” More Like This:
Employment Hero Frequently Asked Questions (FAQ)
When was Employment Hero founded?
Employment Hero was founded in 2014.
Where is Employment Hero's headquarters?
Employment Hero's headquarters is located at 441 Kent Street, Sydney.
What is Employment Hero's latest funding round?
Employment Hero's latest funding round is Secondary Market.
How much did Employment Hero raise?
Employment Hero raised a total of $457.93M.
Who are the investors of Employment Hero?
Investors of Employment Hero include KKR, OneVentures, AirTree Ventures, Insight Partners, Technology Crossover Ventures and 6 more.
Who are Employment Hero's competitors?
Competitors of Employment Hero include OnPay, Deputy, Justworks, Netchex, Elmo Software and 7 more.
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Compare Employment Hero to Competitors
Gusto provides payroll processing, benefits administration, and human resources services for businesses. They offer a platform that handles payroll, benefits, and human resource (HR) tasks, while also providing support. Gusto primarily serves the small to medium-sized business sector with its HR and financial services. Gusto was formerly known as ZenPayroll. It was founded in 2012 and is based in San Francisco, California.
Netchex is a provider of comprehensive web-based payroll, human resource, and benefits administration services. The company offers solutions that streamline payroll processing, automate tax filing, manage time and attendance, administer employee benefits, and support various other HR functions. Netchex serves a diverse range of industries with its integrated HR and payroll solutions. It was founded in 2003 and is based in Covington, Louisiana.
Hibob specializes in human resources technology, offering a comprehensive HR platform designed to streamline various HR processes for businesses. Its main services include core HR functions, onboarding, time and attendance management, compensation, payroll integration, hiring, time off management, surveys, performance management, people analytics, and workforce planning. The company's tools are aimed at improving productivity, engagement, and retention within organizations. It was founded in 2015 and is based in New York, New York.
BambooHR is a human resource software provider that offers a cloud-based Human Resources Information System (HRIS) which centralizes employee data, payroll, time tracking, benefits administration, and performance management. BambooHR provides tools for hiring, onboarding, and enhancing employee experience. It was founded in 2008 and is based in Draper, Utah.
AccuPay is a company that specializes in payroll and human resources services within the financial sector. The company offers a wide range of services including payroll processing, tax solutions, human resources solutions, and employment screening. These services are primarily targeted towards businesses in need of financial and human resources management solutions. It was founded in 1969 and is based in Hatboro, Pennsylvania.
Payday provides services within the HR and payroll industry, offering solutions for HR, payroll, time and attendance, benefits, and retirement. The company serves businesses looking to improve their HR processes and payroll systems using cloud-based technology and automated tools. It was founded in 1985 and is based in Virginia Beach, Virginia. Payday operates as a subsidiary of Hilan.
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