DUBLIN, Calif., Oct. 22, 2020 /PRNewswire/ -- TriNet, a
leading provider of comprehensive human resources solutions for
small and medium-size (SMB) businesses, today announced the launch
of RISE, a digital platform where business owners and employees can
find new perspectives and learnings to elevate their workplace.
Launched today, RISE features the results of a TriNet SMB Pulse
survey. The survey is a revealing look at the experiences and
mindset of SMB founders, much of which debunks common assumptions
about the future of work. The survey offers actionable intelligence
for entrepreneurs, such as:
- Burnout is acute at the mid-level. Employees of
mid-sized businesses (MBs) of 100 to 500 employees are as much as
three times more likely to be experiencing burnout than
employees of small (20 to 99 employees) or very small (one to 19
employees) businesses.
- Email still beats video in the mobile workforce. Seven
in 10 very small business (VSBs) and four in five small business
(SBs) and mid-sized businesses (MBs) still use email (vs. video)
as their preferred and primary form of communication.
- Mobile work hasn't yet killed physical office space.
Half of very small businesses (VSBs) and small business (SBs), and
nearly a third (the plurality) of mid-sized businesses (MBs), do
not plan to change their commercial office space.
- SMB pride prevails. At the midsized level, one in three
people feel better about being a business owner now than they did
prior to the pandemic.
"We were encouraged by some of the opportunities for SMBs that
were revealed by this research," said TriNet SVP, CMO and CCO,
Michael Mendenhall. "What others
might find surprising—but what we instinctively knew—is that
extreme challenges that COVID-19 presents for SMBs has not damaged
the will and determination of business owners. These are the people
at the heart of innovation in America; whose businesses keep this
country's economy running."
Mendenhall added, "I am also thrilled to unveil RISE – TriNet's
dynamic platform that offers balance and strength through inspiring
stories from real people. Our goal is for businesses to gain new
perspective and learnings to elevate their workplace."
RISE will offer frequent updates, tools for growth and
inspirational, authentic, on-the-ground stories from real people
and real businesses. It celebrates work that puts people first. The
platform is personalized and engaging for the needs of each
user—whether on-the-go or on the job. Business owners and their
employees can learn from those who do the incredible and celebrate
success together.
SMB Pulse, conducted with third-party research firm Bredin,
surveyed 500 principals of U.S. companies between September 26 – October
13 with one to 500 employees, including: 250 Very Small
Businesses (VSBs) with one to 19 employees (97.7% weighting); 150
Small Businesses (SBs) with 20 to 99 employees (2.0% weighting);
100 Mid-sized Businesses (MBs) with 100 to 500 employees (0.3%
weighting). The data cited in the research represents the
opinions of the survey respondents and not those of TriNet or its
employees.
About TriNet
TriNet (NYSE: TNET) provides small and
medium-size businesses (SMBs) with full-service HR solutions
tailored by industry. To free SMBs from HR complexities, TriNet
offers access to human capital expertise, benefits, risk mitigation
and compliance, payroll and real-time technology. From Main Street
to Wall Street, TriNet empowers SMBs to focus on what matters
most-growing their business. TriNet, incredible starts here. For
more information, visit TriNet.com or follow us on Twitter.
Investors:
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Media:
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Alex
Bauer
|
Renee
Brotherton
|
TriNet
|
TriNet
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Investorrelations@TriNet.com
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Renee.Brotherton@TriNet.com
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(510)
875-7201
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(408)
646-5103
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TriNet and the TriNet logo are registered trademarks of TriNet.
All other trademarks, service marks, registered trademarks, or
registered service marks are the property of their respective
owners.
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SOURCE TriNet Group, Inc.