June 26, 2017 11:15 AM ET

Internet Software and Services

Company Overview of YourPeople, Inc.

Company Overview

YourPeople, Inc., doing business as Zenefits FTW Insurance Services, owns and operates a digital human resources management platform for small and medium businesses. The company provides payroll, benefits, attendance, time off, and compliance solutions. It offers integrated business mobile applications. Additionally, the company provides broker and technical support services. Its clientele include Swope Design Solutions, B & C Transit, Nerds on Call, and Spear. YourPeople, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.

303 Second Street

North Tower

Suite 401

San Francisco, CA 94107

United States

Founded in 2012



Key Executives for YourPeople, Inc.

Chairman and Chief Executive Officer
Age: 54
Chief Revenue Officer
Age: 57
Chief Compliance Officer
Chief Marketing Officer
Compensation as of Fiscal Year 2016.

YourPeople, Inc. Key Developments

Zenefits Continues Innovation for Modern Workforce with Spring Release

Zenefits announced expanded new functionality, new applications and new partnerships designed to help companies manage and empower their workforce. The company's Spring Release offers several capabilities, including a Benefits Deductions App with full integration into Zenefits Payroll, and new mobile HR capabilities for company administrators. Zenefits continued to build out its partner app directory with Microsoft Teams and Slack integrations and a planned integration with Google Hangouts Chat. Employees Can Use Pre-Tax Commuter Dollars for Uber and Lyft: Zenefits customers can use their Commuter Card pre-tax benefits toward eligible commuter services and save up to 40% on their daily commute. Zenefits announced an integration with Uber to further reduce work-related transportation costs. Zenefits has had an integration with Lyft, and both Lyft and Uber apps automatically recognize the Zenefits Commuter Card and will send a qualifying Lyft Line or UberPOOL vehicle (available in select cities). New Level Payment Self-Funded Plans Can Reduce Healthcare Costs Up to 25%: Zenefits announced a partnership with Aetna to roll out innovative level payment self-funded insurance plans as part of its Broker Services offerings that can save some companies up to 25% on healthcare insurance costs. An attractive option for some companies, level payment self-funded plans enable employers to pay only for claims and the cost of administering them, as opposed to fixed-rate plans. For companies with a relatively healthy employee base, this can lower annual healthcare costs by as much as 25% (not available in all states). Zenefits has developed a first-of-its-kind online and mobile application process that significantly reduces the administrative burden and helps further protect sensitive employee health information. Unique Benefits Deductions App Gives Transparency and Control: Zenefits announced a new Benefits Deductions App that allows HR administrators to see, review and approve adjustments for all payroll-impacting changes made by HR and benefits functions. This provides administrators a new level of visibility and instant control, reducing errors and potential overpayments. Availability of the Benefits Deductions Apps is planned for June 1, 2017.

Zenefits Announces Third Round of Layoffs, Impacts 430 Employees

Zenefits says third round of layoffs has impacted 430 employees, or 45% of its staff, bringing its staff to about 500 people.

Zenefits Appoints Jeff Carr as Chief Revenue Officer

Zenefits announced the appointment of Jeff Carr as Chief Revenue Officer, effective February 7, 2017. Known for his expertise in building strong sales and customer success organizations, Carr will lead the company’s go-to-market strategy, working closely with newly appointed Zenefits CEO Jay Fulcher. Carr is a technology veteran, bringing to Zenefits more than 20 years’ experience leading a variety of venture-backed startups and successful public companies.

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