Employee Navigator provides HR, compliance, and benefits software. The platform includes benefits administration, integrations, Affordable Care Act (ACA) reporting, integrated payroll, new hire onboarding, HR management, and paid time off (PTO) tracking. The benefits administration feature of the platform allows brokers to manage their entire book of business online, covering medical, dental, life insurance, and critical illness benefits for employees. It offers a self-service experience with a flat fee, giving brokers control over their digital storefronts.
The platform claims to simplify time off management with an intuitive dashboard, automated accruals, and customizable policies. The system allows for one-off adjustments, automated accrual increases, and self-service features for employees enabling one-click approvals and a team calendar view. The platform also consists of customizable checklists for onboarding tasks, one platform for managing onboarding, benefits, PTO, and modernized safety and training resources for new hires. Employee Navigator's HR management tool centralizes and synchronizes HR records and systems. It offers employee self-service tools, automatic updates, an online org chart, customizable class structures, real-time reporting, and document storage with electronic signatures. Moreover, Employee Navigator integrates with payroll companies, ensuring that client data stays in sync with their preferred payroll system.
In March 2023, the company acquired benefits platform provider Ease. The companies are said to continue to operate separately, with Ease's features being gradually integrated into Employee Navigator's platform. The combined company is said to result in one of the biggest benefits administration and HR platforms in the US, providing support to more than 150,000 businesses, over 4,000 insurance brokers, and more than 13 million employees.
The company generates revenue via flat rate monthly subscriptions, ranging from USD 630-2,800.
Key customers and partnerships
As of April 2024, Employee Navigator served over 14 million employees across 160,000+ companies in the US (including 5,000+ brokers). Notable enterprises served include Alera Group, Assured Partners, and Assurex Global.
The company offers third party integrations across a range of categories including broker support, identity protection, performance reviews, and others, with a total of almost 300 partners.
Funding and financials
In January 2021, the company raised USD 34 million from JMI Equity. The funds were allocated to expanding its product offering and making hires across all departments.
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