Justworks

Justworks

PEO offering HR, payroll, and compliance solutions

About

Justworks provides a platform that helps small to medium-sized businesses manage their HR and payroll needs. Their services include offering corporate-level benefits, processing payroll, and providing tools for human resources and compliance support, all in one place. This allows businesses to focus on their main activities while Justworks takes care of the administrative and regulatory tasks. Unlike many competitors, Justworks operates on a subscription model, charging monthly fees for access to its services, which makes it easier for businesses to budget for these essential functions. The goal of Justworks is to simplify the growth process for businesses by reducing the burden of HR and payroll management.

Company Stage

Late Stage VC

Employees

1,001-5,000

Industries

Consulting, Enterprise Software

Total Funding

$155.5M

Headquarters

New York City, New York

Founded

2012


Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Via expands Justworks' access to the global talent pool.
  • Launch of International Contractor Payments tool supports SMBs in managing global workforces.
  • Growing demand for integrated HR solutions aligns with Justworks' platform offerings.

What critics are saying

  • Increased competition from new PEO market entrants like Remote and Multiplier.
  • Challenges in integrating Via's platform may lead to operational inefficiencies.
  • Currency exchange rate fluctuations could impact profitability of international payments.

What makes Justworks unique

  • Justworks offers a comprehensive PEO platform for small to medium-sized businesses.
  • The company provides 24/7 human support and on-demand expertise for its clients.
  • Justworks integrates payroll, HR, and compliance into a single, user-friendly platform.

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Growth & Insights
Headcount

6 month growth

↑ 5%

1 year growth

↑ 23%

2 year growth

↑ 38%

Benefits

Health - Believe in our vision. Medical and dental, too. Get support for your mental and financial health. Beta test new benefits and perks for our platform.

Workplace - Volunteer and get paid to give back. Take paid parental leave. Enjoy monthly team events that help turn coworkers into lifelong friends.

Wellness - Enjoy subsidized ClassPass memberships. Take advantage of regular yoga, meditation, and other wellness programming.

Perks - Be an owner, not an employee. Get time off whenever you need it. Take a sabbatical. Invest in your future financially and with professional learning and development opportunities.

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