BambooHR LLC is an American

technology company A technology company (or tech company) is a company that focuses primarily on the manufacturing, support, research and development of—most commonly computing, telecommunication and consumer electronics–based—technology-intensive products and ...

that provides

human resources Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ' ...

software as a service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike o ...

. Founded in 2008 by Ben Peterson and Ryan Sanders, the company is based in

Lindon, Utah Lindon is a city in Utah County, Utah, United States. It is part of the Provo– Orem, Utah Metropolitan Statistical Area. The population was 11,397 at the 2020 census. History Originally settled in 1861, Lindon began as pioneers move ...

. BambooHR's services include an

applicant tracking system An applicant tracking system (ATS) is a software application that enables the electronic handling of recruitment and hiring processes. An ATS is very similar to a customer relationship management (CRM) system, but is designed for recruitment tr ...

and an

employee benefits Employee benefits and benefits in kind (especially in British English), also called fringe benefits, perquisites, or perks, include various types of non-wage compensation provided to an employee by an employer in addition to their normal wage o ...

tracker.

History

BambooHR was founded in 2008 by Ben Peterson and Ryan Sanders. Based in

, the company has a dancing

panda The giant panda (''Ailuropoda melanoleuca''), also known as the panda bear or simply panda, is a bear species endemic to China. It is characterised by its white coat with black patches around the eyes, ears, legs and shoulders. Its body is ...

mascot. BambooHR had 470 employees in November 2019. In 2019, BambooHR served 11,000 clients that were based in 100 countries. BambooHR customers in 2017 included

Shopify Shopify Inc., stylized as ''shopify'', headquartered in Ottawa, Ontario, operates an e-commerce platform for retail point-of-sale systems that offers payments, marketing, shipping, inventory management, transaction management, and customer eng ...

Foursquare Four square is a ball game. Four square may also refer to: Internet and entertainment * Foursquare City Guide, a local search and discovery app * 4 Square (game show), ''4 Square'' (game show), a British game show * 4 Square (TV series), ''4 Squ ...

, and

Reddit Reddit ( ) is an American Proprietary software, proprietary social news news aggregator, aggregation and Internet forum, forum Social media, social media platform. Registered users (commonly referred to as "redditors") submit content to the ...

. Most of BambooHR's employees are salaried employees and do not qualify for

overtime Overtime is the amount of time someone works beyond normal working hours. The term is also used for the pay received for this time. Normal hours may be determined in several ways: *by custom (what is considered healthy or reasonable by society) ...

. BambooHR has an "anti-workaholic policy" in which employees are forbidden from laboring over a

40-hour week The eight-hour day movement (also known as the 40-hour week movement or the short-time movement) was a social movement to regulate the length of a working day, preventing excesses and abuses of working time. The modern movement originated in ...

. Company co-founder Ryan Sanders' rationale was that

occupational burnout The ICD-11 of the World Health Organization (WHO) describes occupational burnout as a work-related phenomenon resulting from chronic workplace stress that has not been successfully managed. According to the WHO, symptoms include "feelings of e ...

has a detrimental effect on the health of his employees and negatively affects their families and his company. He started taking this view during his

organizational leadership Leadership studies is a multidisciplinary academic field of study that focuses on leadership in organizational contexts and in human life. Leadership studies has origins in the social sciences (e.g., sociology, anthropology, psychology), in humani ...

studies as a graduate student at

Gonzaga University Gonzaga University (GU) ( ) is a Private university, private Society of Jesus, Jesuit university in Spokane, Washington, United States. It is Higher education accreditation in the United States, accredited by the Northwest Commission on Colleges ...

. BambooHR started a "paid paid vacation" policy in 2015. Employees who have worked at BambooHR for at least six months are eligible for $2,000 in reimbursements for vacation expenses like

airline ticket An airline ticket is a document or electronic record, issued by an airline or a travel agency, that confirms that an individual is entitled to a seat on a flight on an aircraft. The airline ticket may be one of two types: a ''paper ticket'', whic ...

s, hotel rooms, and other tourist activities. In October 2019, BambooHR appointed Brad Rencher, who had previously been a marketing executive at

Adobe Inc. Adobe Inc. ( ), formerly Adobe Systems Incorporated, is an American computer software company based in San Jose, California. It offers a wide range of programs from web design tools, photo manipulation and vector creation, through to video/audi ...

, to replace Ben Peterson as the company's CEO. Peterson became a co-chairman on the board of directors with fellow co-founder Ryan Sanders.

Software

BambooHR provides companies a

human resources management Human resource management (HRM) is the strategic and coherent approach to the effective and efficient management of people in a company or organization such that they help their business gain a competitive advantage. It is designed to maximize e ...

. The service has a

dashboard A dashboard (also called dash, instrument panel or IP, or fascia) is a control panel (engineering), control panel set within the central console of a vehicle, boat, or cockpit of an aircraft or spacecraft. Usually located directly ahead of the ...

homepage with different sections for employee information, vacation time record keeping, and reports. The sections are: "My Info", "Employees", "Job Openings", "Reports", and "Files". The dashboard also contains an employee's image, contact details, and vacation time remaining. It has areas that show scheduled lessons and business communications. Users can see their coworkers' birthdays and scheduled time off. BambooHR's software includes an

. The system has a catalogue of job opportunities and data about each opportunity including the hiring manager, how many people have applied, and how long it has been posted. BambooHR's integration allows job openings to be posted at the same time to the company's jobs page and to career sites like

Glassdoor Glassdoor is an American website where current and former employees anonymously review companies, operated by the company of the same name. In 2018, the company was acquired by the Japanese company Recruit Holdings (owner of Indeed) for US$1. ...

and Indeed. BambooHR allows companies to record

. It includes reports that help employees fill out

Affordable Care Act The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act (PPACA) and informally as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by Presid ...

compliance forms. In 2017, Juan Martinez and Rob Marvin wrote in ''

PC Magazine ''PC Magazine'' (shortened as ''PCMag'') is an American computer magazine published by Ziff Davis. A print edition was published from 1982 to January 2009. Publication of online editions started in late 1994 and continues . Overview ''PC Mag ...

'' that BambooHR's benefits administration functionalities are inferior to

Zenefits TriNet Zenefits (legally known as YourPeople, Inc. and previously known as Zenefits) is a technology company based in San Francisco that provides cloud-based software as a service to companies for managing their human resources, with a focus on ...

'. They concluded that although the software is "easy to get up and running", it is more expensive than a large number of its competitors and its website is "pretty but lacks functionality". It also has a performance review feature. It provides an

open API An open API (often referred to as a public API) is a publicly available application programming interface that provides developers with programmatic access to a (possibly proprietary) software application or web service. Open APIs are APIs that ...

to allow combination with other HR software services. In 2017, the company started BambooHR Marketplace to allow software developers to market HR apps they have integrated with BambooHR.

References

{{reflist, 30em

External links

Official website
American companies established in 2008 Companies based in Utah County, Utah Human resource management software Online companies of the United States Privately held companies of the United States Software companies based in Utah 2008 establishments in Utah Software companies established in 2008 Business services companies established in 2008