Workplaces are becoming more connected, which changes the ways companies make decisions in pretty much every aspect, including human resources. Namely, the computer software company headquartered in New York, NY, is on a mission to be the all-inclusive hub for HR matters.
Namely is not only be the go-to spot for onboarding and payroll, but aids companies in onboarding, and even provides data insights into how the company is operating.
Take a look at the HR software company that’s aiming to be a player in the future of work.
Size: About 500 full-time employees
Industry: Computer Software
Locations: Namely headquarters is in Manhattan. Approximately 65% of employees are located in New York, but the company has satellite offices in San Francisco, Los Angeles, Atlanta, and Austin.
Founded: Jan. 17, 2012
Founder: Matt Straz
CEO: Larry Dunivan
Mission: “Our vision is to empower everyone to make data-driven decisions about people,” the company’s website states. “From HR to the C-Suite to employees, we believe that accessible data has the power to make us all more strategic and impactful.”
How much do Namely employees make?
The average salary for a Namely employee is $151,000 per year. Ladders estimates are based on our calculations.
Namely is currently hiring for 10 open positions, including a Partner Relationship Program Director to work for Namely remotely.
What CEO Larry Dunivan says it takes to get hired
“I’m still learning more about that at Namely,” said CEO Larry Dunivan, who just landed his gig in July. “But I can tell you that personally, I look for three things (outside of operational qualifications for the job): a clear sense of urgency, passion for the customer and a desire to do great work.”
According to Dunivan, those who end up thriving at the company have a few core competencies in common: drive, adaptability, and a customer-centric mindset paired with a results-oriented one. You can be sure Dunivan and other hiring managers will be searching for these traits during interviews.
When looking for new talent, Dunivan also values candidates who show up to an interview as their true self.
“I’d say this regardless of company – show the company the real you,” Dunivan said. “Great companies – like Namely – will want your efforts to be authentic and transparent and that usually results in the best fit between you and the organization.”
In the long run, an open and honest conversation is the best way to find the most fitting person for the position, which benefits both the employee and the company.
“Not everyone will be happy at Namely – and vice versa – and the better job we do to mutually evaluate that fit in the interview process, the better the outcomes for both parties.”
Another key element that the company looks for is strength in a candidate’s ability to collaborate with others to solve business challenges.
“At all levels in the organization, Namely encourages employees to ‘act like owners’- — to hold themselves and their peers accountable,” Dunivan said.
Complete list of Namely investors and funding rounds
The private company has raised $217.4 million over ten rounds of funding. The Seed round, which was announced on Oct. 18, 2012, included seven investors. The latest funding was the Series E round, which was announced on Aug. 2, 2018, and included five investors. The late stage venture raised $60 million.
Namely Office Life
“What makes working at Namely so special is the people we hire and the mission we are on to help mid-sized companies build a better workplace for their employees,” Dunivan said.
Since employees are members of the exact market they aim to help, they are fully able to “understand the needs and demands facing HR practices in businesses of this scale.”
By focusing on creating HR solutions that its own employees want, the company is able to focus on its own company culture while enhancing its product. When it comes to company culture, Dunivan told Ladders that “Namely attracts driven, adaptable, results-oriented people who enjoy supporting one another to achieve shared success.”
From a relaxed dress code to the various employee interest groups with executive sponsors, the company culture is one that encourages “employees to let their individuality shine through.”
Namely is a fit for any professional who enjoys “being able to experience the direct impact of their work in a dynamic climate that embraces change and celebrates speed to action,” according to Dunivan.
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"Located at 195 Broadway in Manhattan, the company's office offers its employees lots of open, comfortable space to encourage collaboration. It also features bright conference rooms, ping pong, and an 'IT Cantina' that gives employees access to onsite tech help all day, every day." Follow the link in our bio to check out the full office tour with @venturefizz! 📸
- Health, dental, vision, life, and disability insurance
- Flexible spending account (FSA)
- Health savings account (HSA)
- Supplemental life insurance
- Accidental death & dismemberment insurance
- 401K plan
- Stock options
- Vacation & paid time off
- Paid holidays
- Sick days
- Volunteer time off
- Bereavement leave
- Maternity & paternity leave
- Fertility assistance
- Adoption assistance
- Reduced or flexible hours for parents
- Family medical leave
- Work from home
- Dependent care
- Military leave
- Unpaid extended leave
- Employee assistance program
- Company social events
- Commuter checks & assistance
- Free lunch or snacks
- Pet-friendly workplace
- Professional development
Namely employee reviews 2019
Reviews on Glassdoor range from one-star reviews stating that the company is “a mess” to five-star reviews exclaiming that Namely is an “amazing company” with a “great culture” and a “clear path forward.”
“Probably one of the best cultures I have ever had the chance to work for,” one reviewer wrote. “Employees are passionate, energetic and excited about the direction we are on. Leadership listens to employees and have made huge strides in bringing the company from a start-up mentality into the midsize company Namely has become.”
The reviews, whether positive or negative, all come to the consensus that if you work at Namely, you’ll be apart of major company growth.
Namely product rundown
Namely’s platform allows HR managers to manage employee benefits, time clocks, and payroll. The software also assists with talent management with features that offer aid in onboarding, goals and performance reviews.
The insights portion of the platform provides data and analytics in order to provide “visibility into your company’s headcount, turnover, and diversity, compared to your peers.”