About Employment Hero
An Australian-built HR, payroll and benefits OS for SMBs, with the KeyPay engine under the payroll module.
Employment Hero was founded in 2014 in Sydney by Ben Thompson, an employment lawyer, and Dave Tong, the CTO. The platform set out to give small and mid-sized businesses a single tool covering hiring, the employee record, contracts, payroll, leave, performance, learning, benefits and employee self-service, instead of a six-vendor HR stack glued together with spreadsheets. The company now operates across Australia, New Zealand, the United Kingdom, Singapore and Malaysia, and reports more than 300,000 businesses on the platform.
The payroll story is worth a sentence on its own. In February 2022, Employment Hero acquired KeyPay, a workforce-management and payroll platform that Ben Thompson had seed-invested in back in 2012. KeyPay has been the payroll engine inside Employment Hero ever since, and a follow-on acquisition of Employment Innovations the same year added Australian-market HR and payroll services on top. For a typical customer the modules in daily use are onboarding tasks, employee records and contracts, pay runs and leave, performance reviews and the employee self-service mobile app. Pulled into a warehouse next to Xero, NetSuite, HubSpot and Jira, that data finally answers the questions an Employment Hero report alone cannot: payroll cost per legal entity reconciled to the GL, hiring lead time per office, or onboarding completion versus first-90-day attrition.