BUSINESS Process Outsourcing (BPO) company TaskUs announced that it is committed to paying a cash or equity award to every one of its over 30,000 employees as part of its Initial Public Offering (IPO) on tech stock market NASDAQ last June 11, 2021.
Hundreds of the company’s leaders around the globe were awarded equity, while every other employee will receive a one-time cash bonus based on their tenure at the company.
“This company only exists because of the tireless work of our frontline teammates and incredible efforts of our support organizations, from HR to IT to Finance. Without them, there would be no IPO. So we wanted to ensure every TaskUs employee got a chance to participate with a bonus, and to continue our investments to support their career growth,” said TaskUs CEO, Bryce Maddock, in a statement sent to FrontpagePH.com.
“We are committed to investing in our people through industry-leading benefits, career advancement opportunities, and great employee experience and we will always put action behind our teammate-focused values,” he added.
In line with the company’s core value of Continuous Self-Improvement, TaskUs also announced that it is launching a global Tuition Reimbursement and Professional Development Program, which provides support to employees seeking professional and academic development.
“Empowering our employees is what helps us deliver #RidiculouslyGood innovation to more than 100 of the world’s biggest brands and most disruptive companies,” said Maddock. “We have always invested in our teammates, and ramping up development programs will help us keep pace with the speed of innovation and demand for advanced digital skills.”
This year, TaskUs was awarded Best Global Culture by Comparably, a workplace culture and compensation monitoring site, and as one of the “Best Places to Work” by the Business Intelligence Group, among other recognitions for its people-centered culture.