2 March 2016
New LifeWorks company launches with 15 million users and offers an industry-first mobile Employee Engagement Platform (EEP).
London, UK, 2nd March 2016 - Ceridian, a global human capital management technology company and WorkAngel, a leading mobile employee engagement and retention platform, are excited to announce they have completed a joint venture agreement and formed a new employee engagement company and power brand: LifeWorks. The combination of WorkAngel and Ceridian's LifeWorks business underscores a commitment to deliver technological innovation alongside wellness and engagement expertise to more than 15 million users in the UK, US and Canada.
LifeWorks is an industry-first mobile Employee Engagement Platform (EEP) with integrated wellness that puts the employee at the heart of their respective organisations by delivering an action-oriented solution with functionality to address the market's need for:
Jamie True, CEO of LifeWorks comments, "The marketplace for engagement has moved up a gear, with customers in the know wanting a comprehensive mobile wellness and engagement solution. This combination sees the beginning of the Employee Engagement Platform (EEP) as point solutions become less relevant. LifeWorks' goal is to help businesses become more purpose-driven, and positively impact business performance. In the spirit of continuous innovation and improvement, we're delighted to formally join forces and deliver excellence and engagement that has only been seen in consumer applications."
David Ossip, Chairman and CEO of Ceridian says, "Combining WorkAngel and LifeWorks drives innovation in employee engagement and wellness solutions. LifeWorks customers will access this new mobile programme built on WorkAngel's leading engagement platform and leverage LifeWorks' comprehensive employee assistance content, resources and counsellors. We are excited to change the marketplace - poised for growth and further innovation."
The transaction closed on March 1, 2016. Jamie True leads the LifeWorks management team as CEO, supported by President and Chief Operations Officer, Jon Harris and Chief Financial Officer, Jack Bekhor. David Ossip will serve as Chairman.