Beqom and Our Tandem will keep on to run under their individual manufacturer names even though the two groups perform on the general performance management system.
Dublin-primarily based employee general performance administration start out-up Our Tandem has been acquired by Swiss HR tech firm Beqom to enhance businesses’ potential to compensate employees.
Our Tandem, earlier acknowledged as Tandem HR, was launched in 2016 by Aisling Teillard and Clare Bonham. The start-up has developed a general performance management system that aims to aid each supervisors and staff boost the office surroundings.
“Our Tandem has been a chief and a supporter of the shifting wants of particular person organisations and the workforce, and we are ready to choose our subsequent phase and be a part of forces with Beqom,” CEO Teillard mentioned.
“I have no doubt that the put together power of these two alternatives will more rework how organisations take care of and reward personnel together their journey and make happier higher executing teams.”
Teillard explained to SiliconRepublic.com in 2017 how millennials were using centre phase in the workforce and why they need to get the driver seat in the future of do the job. She also later spoke about Our Tandem’s initial issues with the Aggressive Start out Fund, which it later secured.
Earlier that 12 months, the company expanded its functions in Dublin producing 40 new careers after a €2m seed funding round led by Frontline Ventures, alongside with ACT Enterprise Money, Enterprise Ireland and angel traders.
Beqom reported the acquisition will enable it to deliver a a person-of-a-sort continual effectiveness and rewards system that features personalised rewards – within companies’ budgets – aligned to actual-time info and feedback, offering staff a sensation of intent and engagement.
“This acquisition represents an exciting step forward, not just simply because of the combination of the items, but for the reason that of the combination of the individuals. We located in the Our Tandem workforce a perfect match with the Beqom tradition,” reported Beqom CEO Fabio Ronga.
Beqom, which by itself has created a cloud-primarily based compensation administration platform, and Our Tandem will continue on to function underneath their respective brands while integrating and increasing each the teams and accelerating merchandise innovation.
“[Our] eyesight has always been to assistance buyers efficiently leverage their expertise to push their business, so combining Our Tandem’s progressive steady functionality alternative with our distinctive complete rewards platform presents a genuine breakthrough in employee administration,” Ronga mentioned.
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