Predict your next investment

Workhuman company logo
INTERNET | Internet Software & Services / HR & Workforce Management
workhuman.com

See what CB Insights has to offer


Founded Year

1999

Stage

Secondary Market | Alive

Total Raised

$11.3M

Valuation

$0000 

Last Raised

$120M | 1 yr ago

Mosaic Score

+20 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Workhuman

Workhuman is an integrated social recognition and continuous performance management platform. Its human applications helps organizations connect culture to shared purpose.

Workhuman Headquarter Location

19 Beckett Way Park West Business Park

Dublin, 12,

Ireland

+353 1 968 5700

Latest Workhuman News

10 Red Flags That Psychological Safety Is Lacking In Your Workplace

Jun 13, 2021

getty As the work world starts to regain its footing and offices begin to reopen, a myriad of questions, concerns and anxieties loom about what the future of the workplace will look like, according to Meisha-Ann Martin , director of people analytics at Workhuman . “Whether you’re physically in the office or working remotely, it’s imperative that leaders take into consideration the psychological safety of their employees and how their mental health might be impacted in the workplace,” Martin said. Workhuman’s new study found that a mere 26% of workers felt psychologically safe during the pandemic and experienced higher levels of burnout, stress and greater feelings of loneliness. ADVERTISEMENT Psychological safety is the feeling of being one’s whole self at work, taking risks and being vulnerable without fear of negative consequences. But when people are burned out, stressed and lonely, it’s difficult to bring their full selves to work. Here’s what Workhuman’s numbers showed: 48% of respondents somewhat or strongly agreed they’ve experienced burnout. 61% have experienced elevated stress levels. 32% somewhat or strongly agree they’ve felt lonely at work. Another finding was that working women experience less psychological safety than men, and working parents had lower levels of psychological safety compared to those who aren’t parents. Looking at race and ethnicity, white employees experienced the highest levels of psychological safety, with other races falling behind. The fact that the barriers of the pandemic are subsiding, doesn’t automatically fix the hardships workers have been experiencing over the past year. As millions of American workers return to their office desks once again this summer, workplace safety remains a big concern for many of them. Results of a national online survey, conducted by edtech firm MindEdge Learning, found that 59% of those who have not yet returned to the workplace are concerned they will be required to come back before it is safe to do so. MindEdge’s second annual survey on remote work, The State of Remote Work 2021: The Age of the Hybrid Workplace , found that concerns about workplace safety are most pronounced in the Technology (78%) and Healthcare (67%) sectors. MORE FOR YOU “We’re on the cusp of a new workforce culture where having everyone in the office at the same time will no longer be the norm,” said Frank Connolly, director of research at MindEdge Learning. “Instead, most companies are creating a hybrid environment with a mix of remote and in-person workers. This will come with its own challenges, and companies will need to implement new processes for hiring, training and maintaining culture.”   The 10 Red Flags There is no real plan for creating a functioning hybrid workforce within the company There are no senior leaders who work remotely Digital communication tools have not been prioritized Celebration, praise, and rewards only happen in the office Your manager doesn't have a solid communication plan for remote team members Team or company-wide meetings are scheduled at odd hours Information isn’t accessible Lack of career path for remote employees Employees are told they need to use PTO or take a pay cut to work remotely Remote workers aren’t given the appropriate equipment ADVERTISEMENT Building Psychological Safety Gallup found that moving the needle on psychological safety can lead to reduction in turnover (27%) and in safety incidents (40%) and increases in productivity (12%). “Building psychological safety can be as easy as consistently saying ‘thank you,’” Martin at Workhuman said. “Psychological safety is highest for those recognized in the last month, yet only half (51%) of those surveyed are said to have been thanked at work in that time frame. Allotting time each week to recognize and thank your co-workers and direct reports is proven to build resiliency and enforce psychological safety for employees during these uneasy times.” Another way to build psychological safety is encouraging frequent check-ins, according to Martin. “While psychological safety is highest for employees who check in with their manager at least once per week, a mere 29% of respondents said they checked in with their management weekly,” she said. “Establishing weekly or bi-weekly check-ins allows for higher levels of engagement, increased motivation, innovation and better performance, which can lead to major breakthroughs. These are simple short-term acts that can have massive long-term benefits for the employer and employee. To make gratitude a habit, employers and managers should check in with employees more frequently and offer recognition to ensure workers feel heard, valued and respected in the workplace.” Given the incidences of cyber threats, coupled with the acts of violence occurring as workplaces reopen across the country, one-third of respondents in Rave Mobile Safety’s fourth annual 2021 Workplace Safety and Preparedness Survey said they were not aware of or not sure about emergency plans for active shooter incidents, cyber attacks, or workplace violence. Thirty-seven percent of the 515 full-time employees said their employer never held safety drills for medical emergencies or exposure to illness and 38% of respondents said they never drilled for severe weather events. ADVERTISEMENT The report identified critical communication and safety gaps in the workplace. Employers across the country—from Goldman Sachs to Starbucks—have begun to re-evaluate how they approach employee mental health both on-site and remotely in a year of unprecedented change and a rise of workplace violence as re-openings commence. Key takeaways from the report include the following: Employer-preferred communication channels are not adapting to the evolving workplace landscape: In the event of an emergency, 56% of respondents said their employers would notify them via email, 39% said they would be informed with an in-person announcement, and 36% said they would receive a notification through a mass text message. Mass text was the top communication channel chosen by those frequently in the workplace (44%) and those who worked remotely or off-site (56%) Traveling and remote workers could be missing important safety information. Only 28% of respondents said that remote or traveling workers were involved in safety drills. While 72% of survey respondents who identified as female said they would report concerns even if they weren’t able to do so anonymously, only 60% of respondents who identified as male said they would report concerns even if they could not do so anonymously. According to Todd Piett, CEO of Rave Mobile Safety , employers can instate best practices to mitigate, prepare, respond and recover should a mental health crisis occur in a workplace in the following ways: ADVERTISEMENT Processes to identify red flags and address them early on: Whether it’s through open door policies or via an anonymous tip line, employers can give their employees a safe, secure and private way to address concerns surrounding workplace safety and mental health. Quick and effective communications protocols: When an emergency or mental health incident occurs, it’s important to not only be able to connect with 9-1-1 quickly but also quickly alert employees if their personal safety might be at risk. Collaboration between your organization and public safety: Disjointed responses and missing information can cost valuable time—and in dire circumstances, lives. Make sure your organization has the ability to work with public safety, emergency response, fire and other stakeholders and local organizations that will need to be looped into critical information should a crisis occur.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Workhuman

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Workhuman is included in 3 Expert Collections, including HR Tech.

H

HR Tech

3,793 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

U

Unicorns- Billion Dollar Startups

710 items

Workhuman Patents

Workhuman has filed 4 patents.

The 3 most popular patent topics include:

  • Human resource management
  • Industrial and organizational psychology
  • Workplace
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/11/2015

3/12/2019

System and method for mobile single sign-on integration

Federated identity, Computer network security, Identity management, Computer access control protocols, Password authentication

Grant

6/6/2020

10/24/2003

Subscribe to see more

Subscribe to see more

Subscribe to see more

7/18/1975

11/23/1978

Subscribe to see more

Subscribe to see more

Subscribe to see more

10/11/1956

2/5/1992

Subscribe to see more

Subscribe to see more

Subscribe to see more

Application Date

3/11/2015

12/17/1974

3/21/1959

11/1/2007

Grant Date

3/12/2019

11/6/1955

2/18/2016

7/3/1955

Title

System and method for mobile single sign-on integration

Subscribe to see more

Subscribe to see more

Subscribe to see more

Related Topics

Federated identity, Computer network security, Identity management, Computer access control protocols, Password authentication

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Grant

Subscribe to see more

Subscribe to see more

Subscribe to see more

Workhuman Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Workhuman Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.