DRNO - Daily Research News
News Article no. 36800
Published June 7 2024

 

 

 

Acquisition Brings Employee Engagement Firms Together

Seattle, WA-based employee engagement and development platform Chronus has acquired Imperative, a specialist in defining and developing 'purpose at work', including employee feedback. Terms were not disclosed.

Acquisition Brings Employee Engagement Firms TogetherChronus' offer includes mentorship, shared learning and ERG management, designed to ensure employees feel 'connected, understood and developed'. Adding Imperative's software solutions will allow it to deliver personalized insights for employees and their employers through a proprietary 'Purpose Assessment'; grow user engagement through guided conversation technology; and track the ongoing impact of these initiatives on employee engagement.

David Satterwhite, CEO at Chronus comments: 'Now more than ever, employees crave connection and value alignment with their jobs. Combining our mentoring and development offerings with Imperative's Purpose IP will further enable us to serve our purpose of helping employees and companies to reach their greatest potential by addressing the employee engagement crisis head on'.

Nicole Resch, co-founder and Head of Growth at Imperative says: 'It is a gift to join forces with a company who shares our belief in the importance of purpose and meaningful connection at work. By incorporating our actionable Purpose IP with Chronus' market-leading mentoring and ERG platform, we are building a space together that activates employee fulfillment, development and purpose'.

Chronus will fully integrate Imperative's technology into the Chronus platform over the next year, and says all Imperative's employees are already 'fully operational' within Chronus teams.

Web site: www.chronus.com .

 

 
www.mrweb.com/drno - Daily Research News Online is part of www.mrweb.com

Please email drnpq@mrweb.com with any questions.

Back to normal version.

© MrWeb Ltd