John Waldmann, Author at Money Inc

Author: John Waldmann

John Waldmann is the CEO and co-founder Homebase, a San Francisco-based business that provides a free software solution to make managing hourly work easier. Homebase’s simple and time-saving tools help local business owners, managers, and their employees with day-to-day tasks like scheduling, time tracking and team communication. Homebase allows business owners to do their scheduling online and enables employees to punch in on a smart phone or iPad, rather than using an old-fashioned time clock, a far more efficient method of keeping track of hours worked. Today, more than 60,000 local businesses -- across restaurants, retail, services, and more -- rely on Homebase to better control the hours in their week and the dollars in their pocket. Waldmann knows all about hourly work. His first job in high school was as a salesman in a tuxedo shop. That is when he learned first-hand about the challenges of working and getting paid by the hour. Less than a decade later, he came up with the idea for Homebase when he saw his good friend, who owned a restaurant, and his sister, who was bartending, trying to cope with running and working for a small business. Now, Waldmann’s company, Homebase, is helping over 60,000 small businesses better manage their hourly workers and provide their employees a more normal work/life balance. Waldmann, from Seattle, received his undergraduate degree at Stanford University with a BA in Sociology and Political Science and got his MBA at the Stanford University Graduate School of Business School. Before starting-up Homebase in 2013, Waldmann worked at KKR Capstone, where he provided operational and strategic consulting to investments made by KKR private equity. He also worked on-the-ground with First Data, focused on merchant payment products. Early in his career, he worked at The Boston Consulting Group, providing operational and strategic consulting to a range of clients, including large retailers and an enterprise software firm selling to small and medium businesses. Waldmann and his wife, Kim, live in San Francisco.

Business

Employee Retention: 4 Ways to Keep Your Best Team Members

ByJohn Waldmann July 24, 2017January 8, 2020

Turnover among hourly workers is high. According to Forbes, the industry average of turnover for hourly workers is 107%. That means, on average, every hourly job turns once a year – and then some. The…