Employee experience firm Kazoo acquired WorkTango, a Toronto-based survey and people analytics firm. With the acquisition, Kazoo said, it becomes the first vendor to offer a full suite of employee listening, recognition and rewards, and performance management capabilities in one platform.
The acquisition expands Kazoo’s capabilities by adding WorkTango’s employee listening solution, which gathers employee feedback through configurable templates. WorkTango’s platform also analyzes employee data and recommends next steps to employers based on the analysis.Kazoo's acquisition of WorkTango expands the company's capabilities with an 'easy listening' solution. #HR #HRTech Click To Tweet
Kazoo says it will also leverage WorkTango’s expertise in analytics and AI to help employers develop a more complete understanding of their employee’s day-to-day experience.
Kazoo is betting that employee experience is only going to become a deeper concern in the future. It pointed to a recent Gartner survey that found 91% of executives are concerned about employee turnover in 2022. And, amidst the Great Resignation, increasing worker burnout and the challenges of remote and hybrid work, businesses have been struggling to remain sustainable.
‘A Singular Vision’
For now, Kazoo and WorkTango will operate their platforms separately until the integration of their respective teams and solutions has been completed.
“Our companies share a singular vision for making work better for more people, regardless of where they work, said Kazoo CEO Patric Manzo. “By leveraging the best of both companies’ technology and talent, this acquisition gives our customers a better pulse on employee expectations and experiences and allows them to use those insights to drive greater engagement and ultimately achieve better business results”
Rob Catalano, WorkTango’s chief engagement officer, believes joining forces with Kazoo will provide his company’s customers with greater value and better service. “We built WorkTango with a passion to improve (work) lives, and this next step in our journey helps us live our passion at a broader scale,” he said.