MINNEAPOLIS, MN--(Marketwired - March 02, 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 US, Canada and the UK.
LifeWorks is an industry-first mobile Employee Engagement Platform (EEP) with integrated wellness that puts the employee at the heart of their respective organizations by delivering an action-oriented solution with functionality to address the market's need for:
Employee Assistance Programs
Exclusive Perks and Discounts
Private Social Network
Employee and Corporate Wellness
Employee Engagement Analytics
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 program built on WorkAngel's leading engagement platform and leverage LifeWorks' comprehensive employee assistance content, resources and counselors. 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.
LifeWorks is a global engagement and wellness company serving over 15 million users worldwide. Our Employee Engagement Platform (EEP) modules provide a comprehensive EAP, Wellness, Social Communications, Recognition and Perks solution. LifeWorks clients include leading global organizations such as J.D. Irving, Limited, Marriott International, Inc. and Sodexo.
WorkAngel (www.workangel.com) is aiming to change how companies large and small think about employee engagement and improve staff retention. Its mobile-first platform offers communication, collaboration and social recognition tools for businesses, combining this with a bespoke employee benefits and rewards program.
Ceridian is a global human capital management technology company serving over 25 million users in more than 50 countries. Our offering includes the award winning, cloud-based Dayforce HCM, Global Solutions, and Small Business Payroll. Ceridian. Makes Work Life Better™ For more information about Ceridian solutions call 1-800-729-7655 or visit www.ceridian.com.