REDWOOD CITY, Calif., April 25, 2016 /PRNewswire/ -- WePay, the only payments company focused solely on the needs of platform businesses, has been named among the 125 Best Places to Work in the Bay Area by the Silicon Valley Business Journal in its annual list.
WePay had an employee satisfaction score of 90.576, placing it No. 20 among mid-sized companies on a list that also included Intuit, Salesforce, New Relic and others.
"I've always felt WePay is more than just our products or the results we drive for our partners. It's also the people that work here and the relationships they build that make this company what it is," said CEO Bill Clerico. "That's why this award is so meaningful. It tells me that we're creating the right kind of company, the kind exceptional people can be proud to be a part of."
More than 400 companies of all sizes from across the San Francisco Bay Area submitted nominations for the the 2016 awards program. From these, a final 125 were chosen and honored at a special awards banquet held on April 19th.
Award applicants were evaluated and ranked across 5 categories according to the number of Bay Area employees. The scoring was determined by an anonymous survey of each company that asked them to rate their employers on such things as fun, collaborative culture, solid compensation and benefits offerings and other amenities as well as management practices.
Asked why WePay is such a great place to work, Clerico cited the sense of ownership and impact on the company's direction that comes from working at a dynamic startup in a fast-moving space.
"As with any startup company fortunate to be on a growth path, we rely on our employees to own the development of new products and features for our customers, which in turn gives our employees the individual ownership and decision-making autonomy that many people desire," he said.
WePay is the leading payments provider focused solely on meeting the needs of online platforms that need to settle money between their users. Founded in 2008, it provides everything an online marketplace or cloud software provider needs to provide integrated payments from within their app while maintaining trust and safety. This includes not just credit card processing, but also complete solutions for managing fraud risk, regulatory compliance, and customer support provided at no extra cost. WePay is venture-backed with more than $74.15 million and was named to the Inc. 500 list in 2015 as 62nd fastest-growing private company in the US.
About 2016 Bay Area Best Places to Work
Best Places to Work is an innovative publication and awards program produced by the San Francisco Business Times and the Silicon Valley Business Journal. The rankings were determined by surveys that went directly to employees who answered a series of questions. The survey was administered online by the employers and through a service provided by Quantum Workplace, an employee engagement software provider. The rankings are numeric based on Quantum's scoring process. By ranking companies and sharing best practices we facilitate idea sharing and help other companies learn from the best.