Sparck

📍 Sacramento, United States👥 7 employees💰 Last funded Dec 2021

It’s no secret that the biggest problem facing companies is talent attraction, retention, and engagement – these areas are expensive and time critical. In fact, research indicates on average it costs up to 150% to replace a mid-level employee’s salary and currently one in three new hires leave within the first 6 months. The deeper challenge lies in employee disengagement, which coupled with turnover is costing the U.S. between $483B - $605B in lost productivity annually. For once, there is no “chicken or the egg” mystery – employee disengagement happens before turnover. One of the most cited reasons employees become disengaged and leave their companies is a lack of recognition. According to Gallup, “Recognition motivates, provides a sense of accomplishment, and makes employees feel valued for their work”. Sparck is a personalized employee recognition and engagement platform that creates a thriving workplace your people will love. We equip you with when, what, and how to recognize each person in a way that is most meaningful to them within seconds.

Total investors

Early stage

Mid stage

Late stage

—

Founded