WeWork, the world’s leading flexible office space provider, announced today the launch of Business Solutions, a professional services platform powered by VensureHR that will provide WeWork members with single-point access to a suite of PEO and HR services that are critical to the growth of small and medium-sized businesses.
The Business Solutions platform is the next step in WeWork’s strategic plan to build on its core flexible workspace product and evolve into an end-to-end business solutions platform. Since its inception in 2010, WeWork has focused on providing businesses of all sizes with the space, flexibility, and community they need to thrive. Now, through Business Solutions, members will have access to unbundled, top-tier HR services at an exclusive price point. With this rollout, U.S.-based WeWork members, including All Access members, will be able to source services like payroll processing, tax filing, employee benefits, technology services, and remote staffing support through the new platform.
“Small businesses and entrepreneurs have always been core to WeWork’s membership and we’re excited to roll out access to more resources that will support the growth of these companies,” said Prabhdeep Singh, Global Head of Marketplace. “If having a workspace is the first step to building a business, providing employees with benefits like healthcare and human resources support in the face of rapid growth is the second. We see WeWork evolving from being solely a space provider to a true 360 partner for our members, and we’re thrilled to be working with VensureHR to launch a first-class tool as the first step.”
“Flexible workspaces are offering new value to businesses in terms of the support they can provide,” says Phil Urso, Chief Sales Officer, VensureHR. “WeWork recognizes the need for products and services that help entrepreneurs better understand their financials, get face-to-face with quality candidates, and allow business owners to focus on the front of the house. We are excited to work with them to bring this product to life.”
WeWork provides members with space, community, and services through physical and virtual offerings. As of 2020 second-quarter close, WeWork has 843 locations, in 150 cities and 38 countries across the world, as well as 612,000 memberships — with Enterprise representing 48% of that total. To learn more about Business Solutions, visit www.wework.com/info/wework-business-solutions
VensureHR, HR consulting and support division of Vensure Employer Services, is a privately owned professional employer organization (PEO) headquartered in Chandler, Arizona. As the nation’s fastest-growing PEO, with nearly 290,000 worksite employees, Vensure uses industry-leading technology to offer complete, end-to-end solutions for outsourced payroll, human resources, benefits, risk management, and workers’ compensation services. Vensure is committed to helping thousands of clients manage, nurture, and grow their business by providing employee and employer-related administration services. To learn more, visit https://vensure.com/.
Julia Sullivan / Christina Hong