FRAMINGHAM, Mass. & DUBLIN – January 11, 2023 – Workhuman®Opens in a new tab, the company revolutionizing how employees celebrate, connect with, and appreciate each other in the workplace, has welcomed seasoned technology executive Mark SchwartzOpens in a new tab as the company’s Chief Financial Officer. Schwartz joins as a strategic partner to the executive leadership team, guiding the organization’s financial and legal functions as Workhuman continues to expand its customer base and product offerings available on the Workhuman Cloud®.
Schwartz joins during a period of great anticipation for the SaaS company, facing increasing demand from organizations emphasizing employee recognition to help with retaining, upskilling, and inspiring their employees. Recent researchOpens in a new tab from Workhuman and Gallup shows the significant business outcomes possible through better engagement and understanding of the workforce. Employees who receive proper recognition and praise are 73% less likely to feel burned out, as well as 56% less likely to be looking for other job opportunities, resulting in better productivity and retention.
“Mark brings an incredible range of experience and perspective to the table as an executive at venture-backed start-ups through fully-fledged public organizations,” said Eric Mosley, Workhuman founder and CEO. “As we continue to scale and invest in innovation, Mark has the process knowledge needed to help navigate the waters and chart the course for sustainable, scalable growth. His belief in process driving results, as well as the people who make those results possible, is completely aligned with Workhuman’s corporate mission and we are thrilled to have him on board.”
Schwartz, a former attorney, has over 20 years of experience in corporate finance, previously holding CFO positions at Trax, as well as Markforged and Fabrinet, both of which he led through the public listing process. His scale as a CFO ranges from under $100M to over $1B in top line revenue, and he has led both private and public companies to sustainable success. He contributes a wealth of experience to the existing executive leadership team, who have led the company in expanding the number of organizations that use Workhuman’s product offerings to make work more human—the core tenet of a mission that begins in-house at Workhuman’s Framingham and Dublin offices.
The industry veteran has a track record of leading companies with an evident commitment to delivering industry-leading service and results for their customers. Schwartz joins Workhuman weeks after the company’s announcement of their ROI Guarantee, promising to refund its fees if an organization does not achieve guaranteed metrics within the first year of implementing a Workhuman Social Recognition® program.
“At Workhuman, I see a group of people who care deeply about what they do and are ready to forge ahead into the next iteration of the company,” said Schwartz. “Workhuman’s customers, including several of the largest companies in the world, have proven that employee recognition improves business metrics using our advanced data insights. To help prove the value of our engagement and intelligence system to other companies serious about growing their culture, we’ve instituted the ROI Guarantee. We will continue to help drive customers towards excellence with our best-in-class innovations and provide concrete business value through recognition’s impact on retention and engagement. I look forward to charting the course for the next phase of Workhuman’s journey and reach our full scope of potential as a market leader.”
Workhuman’s Social Recognition® solution is the core pillar of the company’s expanding suite of products, the Workhuman Cloud®. With these solutions, leadership can recognize employees professionally and personally, share feedback and track development, and foster a community of gratitude and celebration whether their teams are in the same office or part of a global workforce. To learn more about how Workhuman’s products help create more engaged, human-centric workplaces, please visit workhuman.comOpens in a new tab.
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