Pando was created to address the universal need for building and scaling fair career progression–leveling the playing field for all employees. Pando brings accountability, transparency, and structure so employees can continuously progress, have a greater impact over time, and stay at the company longer, and stay at the company longer knowing they have a path.
Overall, the HR tech market is booming, with more than 12.1 million employers in the U.S. alone spending over $5 trillion on tech applications such as payroll, benefits, and training. Yet even with all the software and services being provided to attract, hire, train, and retain employees, there is still one significant missing piece in the HR tech stack: career progression.
Here are a few reasons why there is an increasing need for the use of technology in the workplace:
1. A demand for HR technologies that can help streamline and automate HR processes.
2. Another reason is the changing nature of work, with more employees working remotely and the need for HR technologies that can support remote work and collaboration.
3. Additionally, the COVID-19 pandemic has accelerated the adoption of HR technologies as companies look for ways to support their employees and adapt to the challenges of the pandemic.
With Pando, companies are now equipped with the tools they need to create individualized, fulfilling career progression plans contextualized through levels and competencies which empower employees to actually achieve the path they want while having the right impact on the business.
"Performance bell curves, the lack of structure, real-time calibration, and data resulting in the black box which was employee promotions frustrated me for years" says Barbra Gago, Founder and CEO at Pando. "It was this, coupled with my desire to bring agility to HR and democratize professional success, that Pando – the first and only career progression platform – was born."
We are very excited to back Barbara and the team on their journey and her personal "why". We share the belief that democratizing career progression by leveling the playing field and giving all employees control over their development path is good for everyone.
