When Damien Cummings was made redundant at his role as global head of digital at Standard Chartered Bank, he went on to work for a few other companies where he discovered a business practice sorely in need of improvement: Many companies, he thought, had poorly implemented people management and employee welfare programs that made them predisposed to layoffs and retrenchments.
Using his personal savings and turning down a half-a-million-dollar-per-year job offer commensurate to his marketing expertise, Cummings founded the cloud-based HR software startup Peoplewave and as the current CEO now leads its “mission of making work fair and putting people first in people management.”
Peoplewave’s products, which include an onboarding app and a data-driven performance appraisal platform, were designed to address common HR pain points in employee development and people management. The technology approach adds a layer of ease that overworked, compliance-driven and acquisition-focused HR departments desperately crave.
Read more here