Payworks Inc. Market Research Report

Company Overview

Name and Mission

Company Name: Payworks Inc.
Mission: Payworks is committed to developing world-class products and a workplace culture focused on "Doing Right by People."

Founding Details

Founded: 2001
Founders: No information is available

Key People

President & CEO: JP Perron
Chief Operating Officer: Michael Penman
Chief Technology Officer: Maureen Kinnear
General Counsel & Privacy Officer: Grainne Grande
Vice President, Human Resources: Jennifer Johnston
Vice President, Product Management: Vidur Krishan
Vice President, Development: Andrew Stevens
Vice President, Marketing: Jaclyn Christie
Vice President, Operations: Willie Malcolm
Vice President, Information Security: Stefan DeCosse
Vice President, Sales Operations: Mike Leon
Regional Vice President: Matt Sachkiw

Headquarters

Location: 80 Payworks Way, Winnipeg, Manitoba, R3Y 2L5

Number of Employees

Number of Employees: 500+

Revenue

No information is available

Recognition and Achievements

Payworks is honored among Canada's Best Managed Companies.

Highly rated for customer retention with 98% of clients choosing to stay.

What the Company is Known For

Payworks is known for their high-quality, user-friendly payroll, human resources, and workforce management technology solutions specifically built for Canadian employers.

Products

High-Level Product Overview

Payworks offers a comprehensive suite of workforce management products designed for Canadian employers, including:

Payroll

Human Resources

Absence Management

Time Management

Applicant Tracking

Workforce Analytics

HR Advisory Services

Managed Payroll Services

Benefits

Employee Self Service

Integrations

Product Descriptions and Key Features

Payroll

Description: A reliable system for processing payroll accurately and on time.
Key Features:

User-friendly interface

Compliance with Canadian payroll regulations

Direct deposits and tax filings

Human Resources

Description: A centralized hub for all employee information.
Key Features:

Employee records management

Performance tracking

Onboarding and offboarding workflows

Absence Management

Description: An easy-to-use solution for managing employee leave.
Key Features:

Real-time leave tracking

Customizable absence policies

Automated approvals and notifications

Time Management

Description: Tools for tracking hours worked and scheduling shifts.
Key Features:

Employee time clock

Automated schedule generation

Overtime calculations

Applicant Tracking

Description: A complete hiring solution for recruiting top talent.
Key Features:

Job posting distribution

Applicant pipeline management

Automated interview scheduling

Workforce Analytics

Description: Analytical tools for business decision-making.
Key Features:

Trend identification

Customizable reports and dashboards

Predictive analytics

Recent Developments

New CTO Appointment: Payworks welcomed Maureen Kinnear as Chief Technology Officer on August 12, 2024.

Partnership: Payworks partnered with the National Golf Course Owners Association Canada as an official National GolfMax Partner on July 18, 2024.

Community Involvement: Launched the Payworks Play it Forward Challenge as part of the Manitoba Theatre for Young People Capital Campaign on May 21, 2024, matching all new gifts donated, dollar for dollar, up to $500,000.

Community Projects: Collaborated with Buckets & Borders and the Winnipeg Sea Bears for The Mayfair Project to refurbish two basketball courts in Winnipeg in June 2024.

Employee Engagement: Payworks has raised $500,000 through their United Way National Workplace Campaign in 2023.

New Products Launched

No information is available

New Features Added to Existing Products

No information is available

New Partnerships

National Golf Course Owners Association Canada as a National GolfMax Partner.

Collaboration with Buckets & Borders and the Winnipeg Sea Bears for community revitalization projects.

This report captures the key elements based on the available data, highlighting the company's focus on developing innovative workforce management solutions and its commitment to customer satisfaction and community engagement.