Industry: Software
Offices: North America
Worksite employees: +40
Key Benefits of Working with Atlas HXM
Entity consolidation with a human touch
Operational and financial efficiency
Retention of key talent
Simplified global compliance
About
Founded by visionary leaders and home to great industry talent, this client is a software company based in North America with a robust global presence. Like many leading companies in this sector, growth was achieved through a blend of organic expansion and strategic acquisitions, establishing themselves as a top player in the technology industry.
Challenge
After years of high-speed growth, the client faced significant financial pressure and needed to reduce operational costs while preserving critical international talent. With the layoffs occurring in the wider tech industry, the client sought alternative ways to retain as many talented personnel as possible.
The decision was made to consolidate their country entities into a more cost-effective structure that would streamline operations and maintain compliance. This helped the company to avoid deeper cuts to their workforce and ensured the retention of key employees amid difficult economic conditions.
The client faced a tough financial environment with growing pressure to make difficult decisions. Keeping employee morale high during the process was a top priority too.
– Amanda Barcelona, Business Development Manager at Atlas HXM
Working with Atlas HXM
With a tailored Employer of Record (EOR) approach and dedicated account management, Atlas HXM ensured a smooth transition of more than 40 employees to worksite employees while addressing unique challenges. Our personalized approach included global town halls and direct communication channels, keeping employee morale high during the consolidation process.
Atlas HXM was committed to treating employees as integral parts of the company rather than just assets to be managed, setting a new bar for entity consolidation. This personalized, human approach was a key reason the client chose Atlas HXM over other providers.
Impact
Atlas HXM had a notable impact on the client by managing the complexities of the transition with precision and care. In closing their business entities, Atlas HXM manages all payroll and life cycle changes of worksite employees together with all EOR services (HRSD, benefits, expenses, etc.). By handling compliance and administrative tasks efficiently, Atlas HXM allowed the client to concentrate on strategic goals rather than operational issues.
Atlas HXM made a real difference by focusing on customized support and clear communication. This helped our client make tough decisions while keeping an engaged and motivated team, which was crucial during the consolidation period.
– Amanda Barcelona, Business Development Manager at Atlas HXM
At the same time, the customized solutions and attentive support played a key role in maintaining high employee morale during a challenging time. A thoughtful communication and respectful approach provided stability and reassurance to employees, which enhanced engagement and retention during stressful times.