View source for BambooHR

{{Short description|American technology company}}
{{Use mdy dates|date=March 2020}}
{{Infobox company
| name = Bamboo HR LLC
| type = [[Privately held company|Private]]
| logo = BambooHR logo.svg
| logo_size = 150px
| logo_alt =
| logo_caption = BambooHR's logo
| logo_padding =
| image =
| image_size =
| image_alt =
| image_caption =
| industry = [[Technology company]]<br/>software
| founded = {{start date and age|2008}}
| founders = {{Unbulleted list|Ben Peterson|Ryan Sanders}}
| key_people = {{Unbulleted list|Brad Rencher ([[Chief executive officer|CEO]])|Ben Peterson, Ryan Sanders ([[co-chairmen]])}}
| services = [[Human resources]] [[software as a service]],<br/>[[human capital management]] [[software as a service]] and <br/>[[applicant tracking system]]
| hq_location = [[Lindon, Utah]], U.S.
| num_employees = 1,000 employees <small>(August 2021)</small>
| website = {{URL|bamboohr.com/}}
}}
'''BambooHR LLC''' is an American [[technology company]] that provides [[human resources]] [[software as a service]]. Founded in 2008 by Ben Peterson and Ryan Sanders, the company is based in [[Lindon, Utah]].
BambooHR's services include an [[applicant tracking system]] and an [[employee benefits]] tracker. In 2019, Gadjo C Sevilla and Brian T. Horowitz wrote in ''[[PC Magazine]]'' that BambooHR is "pricier than competing products" and "lacking in benefits administration (BA) features compared to rival solutions", but its "solid feature set and user-friendly interface push it to the top of our list".<ref name="SevillaHorowitz2019-08-06">{{cite news |last1=Sevilla |first1=Gadjo |last2=Horowitz |first2=Brian T. |date=August 6, 2019 |title=BambooHR |url=https://www.pcmag.com/review/338544/bamboohr |work=[[PC Magazine]] |accessdate=August 11, 2019 }}</ref>
==History==
BambooHR was founded in 2008<ref name="Semerad2014-11-14">{{cite news |last=Semerad |first=Tony |date=November 14, 2014 |title=CEO dresses as a panda? Yes, this Utah software company is a rare breed |url=http://www.sltrib.com/news/business/2014/11/14/ceo-dresses-as-a-panda-yes-this-utah-software-company-is-a-rare-breed/ |newspaper=[[The Salt Lake Tribune]] |accessdate=December 22, 2017 |archiveurl=https://web.archive.org/web/20171225172107/http://www.sltrib.com/news/business/2014/11/14/ceo-dresses-as-a-panda-yes-this-utah-software-company-is-a-rare-breed/ |archivedate=December 25, 2017 |url-status=live }}</ref> by Ben Peterson and Ryan Sanders.<ref name="Murphy2015">{{cite book |last=Murphy |first=Shawn |date=2015 |title=The Optimistic Workplace: Creating an Environment That Energizes Everyone |url=https://books.google.com/books?id=JzFwCgAAQBAJ |location=New York |publisher=[[American Management Association]] |isbn=978-0814436202 |accessdate=December 22, 2017 }}</ref> Based in [[Lindon, Utah]],<ref name="Feintzeig2015-10-13">{{cite news |last=Feintzeig |first=Rachel |date=October 13, 2015 |title=Radical Idea at the Office: A 40-Hour Workweek |url=https://www.wsj.com/articles/radical-idea-at-the-office-a-40-hour-workweek-1444754956 |newspaper=[[The Wall Street Journal]] |accessdate=December 22, 2017 |archiveurl=https://archive.today/20171222054842/https://www.wsj.com/articles/radical-idea-at-the-office-a-40-hour-workweek-1444754956 |archivedate=December 22, 2017 |url-status=live }}</ref> the company has a dancing [[panda]] mascot.<ref name="Murphy2015"/> BambooHR had 470 employees in November 2019.<ref name="Nico2016-09-28">{{cite news |last=Semerad |first=Tony |url=https://www.sltrib.com/news/2019/11/09/bamboohr-keeps-workers/ |title=BambooHR keeps workers happy and fulfilled even as the Utah software firm mushrooms in size |date=November 9, 2019 |newspaper=[[The Salt Lake Tribune]] |accessdate=November 19, 2019 |archiveurl=https://web.archive.org/web/20191110152213/https://www.sltrib.com/news/2019/11/09/bamboohr-keeps-workers/ |archivedate=November 10, 2019 |url-status=live }}</ref> In 2019, BambooHR served 11,000 clients that were based in 100 countries.<ref name="Nico2016-09-28"/><ref name="Neely2016-10-28">{{cite news |last=Neely |first=Karissa |date=October 28, 2016 |title=Les Olson honored, BambooHR named to Entrepreneur 360 list |url=http://www.heraldextra.com/business/local/les-olson-honored-bamboohr-named-to-entrepreneur-list/article_e1f1c969-119a-5de3-b6d8-19ae7d05c975.html |newspaper=[[Daily Herald (Utah)|Daily Herald]] |accessdate=December 22, 2017 |archiveurl=https://web.archive.org/web/20170503181057/http://www.heraldextra.com/business/local/les-olson-honored-bamboohr-named-to-entrepreneur-list/article_e1f1c969-119a-5de3-b6d8-19ae7d05c975.html |archivedate=May 3, 2017 |url-status=live }}</ref> BambooHR customers in 2017 included [[Shopify]], [[Foursquare City Guide|Foursquare]], and [[Reddit]].<ref name="Neely2017-04-27">{{cite news |last=Neely |first=Karissa |date=April 27, 2017 |title=During live Elevate Summit, BambooHR expands its outreach to global human resources professionals |url=http://www.heraldextra.com/business/local/during-live-elevate-summit-bamboohr-expands-its-outreach-to-global/article_e38551ff-57ee-59cc-b44c-bf596b5049fc.html |newspaper=[[Daily Herald (Utah)|Daily Herald]] |accessdate=December 22, 2017 |archiveurl=https://archive.today/20240528071125/https://www.webcitation.org/6vtWNL09k?url=http://www.heraldextra.com/business/local/during-live-elevate-summit-bamboohr-expands-its-outreach-to-global/article_e38551ff-57ee-59cc-b44c-bf596b5049fc.html |archivedate=May 28, 2024 |url-status=live }}</ref>
Most of BambooHR's employees are [[salaried employee]]s and do not qualify for [[overtime]].<ref name="Sahadi2015-04-30">{{cite news |last=Sahadi |first=Jeanne |date=April 30, 2015 |title=The death of the 40-hour workweek |url=http://money.cnn.com/2015/04/30/pf/40-hour-workweek/index.html |publisher=[[CNN]] |accessdate=December 29, 2017 |archiveurl=https://web.archive.org/web/20150502042539/http://money.cnn.com/2015/04/30/pf/40-hour-workweek/index.html |archivedate=May 2, 2015 |url-status=live }}</ref> BambooHR has an "anti-workaholic policy" in which employees are forbidden from laboring over a [[40-hour week]].<ref name="Sahadi2015-04-30"/><ref name="Hunter2016">{{cite book |last=Hunter |first=G. Shawn |date=2016 |title=Small Acts of Leadership: 12 Intentional Behaviors That Lead to Big Impact |url=https://books.google.com/books?id=nEuiDQAAQBAJ&pg=PT150 |location=New York |publisher=[[Routledge]] |pages=162–163 |isbn=978-1351818513 |accessdate=December 22, 2017 }}</ref> Company co-founder Ryan Sanders' rationale was that [[occupational burnout]] has a detrimental effect on the health of his employees and negatively affects their families and his company.<ref name="Sahadi2015-04-30"/> He started taking this view during his [[organizational leadership]] studies as a graduate student at [[Gonzaga University]].<ref name="James2013-09-18">{{cite news |last=James |first=Geoffrey |date=September 18, 2013 |title=Long Work Hours Hinder Success |url=https://www.inc.com/geoffrey-james/long-work-hours-hinder-success.html |newspaper=[[Inc. (magazine)|Inc.]] |accessdate=December 29, 2017 |archiveurl=https://archive.today/20171229221947/https://www.inc.com/geoffrey-james/long-work-hours-hinder-success.html |archivedate=December 29, 2017 |url-status=live }}</ref>
BambooHR started a "paid paid<!--sic--> vacation" policy in 2015.<ref name="Scribner2016-09-29">{{cite news |last=Scribner |first=Herb |date=September 29, 2016 |title=This Utah company pays its employees $2,000 to take vacation |url=https://www.deseretnews.com/article/865663600/This-Utah-company-pays-its-employees-2000-to-take-vacation.html |newspaper=[[Deseret News]] |accessdate=December 22, 2017 |archiveurl=https://web.archive.org/web/20160930162800/http://www.deseretnews.com/article/865663600/This-Utah-company-pays-its-employees-2000-to-take-vacation.html |archivedate=September 30, 2016 |url-status=dead }}</ref> Employees who have worked at BambooHR for at least six months are eligible for $2,000 in reimbursements for vacation expenses like [[airline ticket]]s, hotel rooms, and other tourist activities.<ref name="Sahadi2016-07-28">{{cite news |last=Sahadi |first=Jeanne |date=July 28, 2016 |title=These companies offer paid vacation ... and pay for your vacation |url=http://money.cnn.com/2016/07/26/pf/companies-that-pay-for-employee-vacations/index.html |publisher=[[CNN]] |accessdate=December 29, 2017 |archiveurl=https://web.archive.org/web/20160726163313/http://money.cnn.com/2016/07/26/pf/companies-that-pay-for-employee-vacations/index.html |archivedate=July 26, 2016 |url-status=live }}</ref> [[Joe Fryer (journalist)|Joe Fryer]] profiled BambooHR's vacation policy on the ''[[Today (U.S. TV program)|Today]]'' show on September 16, 2016.<ref name="Fryer2016-09-16">{{cite news |last=Fryer |first=Joe |authorlink=Joe Fryer (journalist) |date=September 16, 2016 |title=Why some companies are paying for their employees' vacations |url=https://www.today.com/video/why-some-companies-are-paying-for-their-employees-vacations-766705731897 |newspaper=[[Today (U.S. TV program)|Today]] |accessdate=December 29, 2017 |archiveurl=https://web.archive.org/web/20160916150411/http://www.today.com/video/why-some-companies-are-paying-for-their-employees-vacations-766705731897 |archivedate=September 16, 2016 |url-status=live }}</ref> According to a 2015 article in ''[[The Wall Street Journal]]'', BambooHR terminated an employee for violating their workweek policy by working more than 40 hours.<ref name="Feintzeig2015-10-13"/>
In October 2019, BambooHR appointed Brad Rencher, who had previously been a marketing executive at [[Adobe Inc.]], to replace Ben Peterson as the company's CEO.<ref name="Nico2016-09-28"/> Peterson became a co-chairman on the board of directors with fellow co-founder Ryan Sanders.<ref name="Nico2016-09-28"/>
==Software==
BambooHR provides companies a [[human resources management]] [[software as a service]].<ref name="MartinezMarvin2017-11-18">{{cite news |last1=Martinez |first1=Juan |last2=Marvin |first2=Rob |date=November 18, 2017 |title=BambooHR Review & Rating |url=https://www.pcmag.com/article2/0,2817,2492900,00.asp |newspaper=[[PC Magazine]] |accessdate=December 22, 2017 |archiveurl=https://web.archive.org/web/20171230121042/https://www.pcmag.com/article2/0,2817,2492900,00.asp |archivedate=December 30, 2017 }}</ref> The service has a [[dashboard (business)|dashboard]] homepage with different sections for employee information, vacation time record keeping, and reports. The sections are: "My Info", "Employees", "Job Openings", "Reports", and "Files". The dashboard also contains an employee's image, contact details, and vacation time remaining. It has areas that show scheduled lessons and business communications. Users can see their coworkers' birthdays and scheduled time off.<ref name="MartinezMarvin2017-11-18"/>
BambooHR's software includes an [[applicant tracking system]]. The system has a catalogue of job opportunities and data about each opportunity including the hiring manager, how many people have applied, and how long it has been posted. BambooHR's integration allows job openings to be posted at the same time to the company's jobs page and to career sites like [[Glassdoor]] and Indeed.<ref name="MartinezMarvin2017-11-18"/>
BambooHR allows companies to record [[employee benefits]]. It includes reports that help employees fill out [[Affordable Care Act]] compliance forms. In 2017, Juan Martinez and Rob Marvin wrote in ''[[PC Magazine]]'' that BambooHR's benefits administration functionalities are inferior to [[Zenefits]]'.<ref name="MartinezMarvin2017-11-18"/> They concluded that although the software is "easy to get up and running", it is more expensive than a large number of its competitors and its website is "pretty but lacks functionality".<ref name="MartinezMarvin2017-11-18"/> It also has a performance review feature. It provides an [[open API]] to allow combination with other HR software services.<ref name="MartinezMarvin2017-11-18"/> In 2017, it started BambooHR Marketplace to allow software developers to market HR apps they have integrated with BambooHR.<ref name="Neely2017-04-27"/>
==References==
{{reflist|30em}}
==External links==
* [https://www.bamboohr.com/ Official website]
[[Category:American companies established in 2008]]
[[Category:Companies based in Utah County, Utah]]
[[Category:Human resource management software]]
[[Category:Online companies of the United States]]
[[Category:Privately held companies of the United States]]
[[Category:Software companies based in Utah]]
[[Category:2008 establishments in Utah]]
[[Category:Software companies established in 2008]]
[[Category:Business services companies established in 2008]]