W

Workstream

www.workstream.us link_icon

Workstream Company Market Research Report



Company Overview



Name


Workstream

Mission


Empowering the hourly workforce by creating the HR and recruiting experience that hourly workers deserve.

Founded


No information is available.

Key People


No information is available.

Headquarters


No information is available.

Number of Employees


No information is available.

Revenue


No information is available.

Known For


Workstream is the leading HR, Payroll, and Hiring platform tailored specifically for the hourly workforce. Used by 46 of the top 50 quick-service restaurant brands including Burger King, Jimmy John’s, and Taco Bell.

Products



Overview


Workstream offers a suite of products aimed at streamlining HR tasks for businesses employing hourly workers. Each product focuses on different aspects of HR management, providing an integrated platform for hiring, onboarding, payroll, team operations, team communication, and employee engagement.

Hiring


  • Description: Workstream offers tools to attract and engage applicants through modern technology.

  • Key Features:

  • Text-to-apply

  • AI recruiting

  • Easy screening

  • Instant interview scheduling

  • Active sourcing tools (5x more effective sourcing tools)

  • 70% reduction in time to hire


Onboarding


  • Description: Digital and mobile-first onboarding process to get new hires started efficiently.

  • Key Features:

  • Text message integration

  • Mobile-friendly documents

  • E-Verify integration

  • WOTC integration

  • Average time to complete onboarding: 10 minutes


Payroll


  • Description: Designed for hourly workers, Workstream Payroll simplifies payroll tasks.

  • Key Features:

  • Full-service payroll

  • Integrated platform

  • 20 minutes to run payroll


Team Communications


  • Description: Helps maintain engagement and connection with employees.

  • Key Features:

  • Personal and automated messages

  • SMS-based communication

  • 12 days saved per month with automated messaging


Engagement


  • Description: Tools to build a comprehensive worker experience with feedback systems.

  • Key Features:

  • Feedback collection

  • Employee experience improvement

  • Automated surveys (5 minutes or less to set up)


Team Operations


  • Description: Streamlines and centralizes back office tasks.

  • Key Features:

  • Digital document setup

  • Data and reports access

  • 2 minutes average time to set up a digital document


Recent Developments



New Products Launched


  • Payroll: Recently added to their suite of services.


New Features Added


  • Multilingual AI Chatbot: Launched to assist with hourly workforce management.

  • Hourly Wage Index: A tool to help employers make informed wage decisions.


Partnerships


  • CKE Restaurants: Parent company of Carl’s Jr. and Hardee’s forming a partnership with Workstream.

  • GGV Capital: Funding partner supporting Workstream’s expansion efforts.


Awards and Recognition


  • EY Entrepreneur Of The Year® 2023 Bay Area Award Finalist: Desmond Lim, recognized for his contributions to the industry.

  • Embedded Fintech 50: Recognition for innovative fintech solutions.


Conclusion


This report on Workstream highlights its pivotal role in transforming HR practices for the hourly workforce through its technology-driven platform. With a strategic focus on automation, mobile-first approach, and recent advancements like AI and multilingual features, Workstream continues to lead in optimizing HR functions for quick-service restaurant brands and other franchise businesses.