HR and compliance leader Mineral celebrates 1 million clients on National Small Business Day
Mineral reaches milestone with more than 300% growth in five years, announces strategic partnership to help small businesses upskill and reskill employees
Portland, OR – May 10, 2023 – Mineral, the HR and compliance leader for small to medium-sized businesses (SMBs), today announced it now serves more than 1 million clients. Managing HR and compliance consistently rates as one of the top challenges for SMBs, making Mineral an invaluable asset for US businesses. Through its flagship solutions, including the Mineral Platform, Mineral Intelligence and Mineral Experts, Mineral helps SMBs manage HR and compliance with confidence.
In announcing this historic milestone on National Small Business Day, Mineral shines an even brighter spotlight on America’s small businesses. Long the lifeblood of the US economy, SMBs have powered Mineral’s expansive growth, as well: Mineral’s more than 1 million clients (83% of which have fewer than 100 employees), have fueled the organization to more than 300% growth over the last five years. “Our clients drive innovation, power our economy, and support our communities. They represent the diversity of business in the United States, coming from all 50 states, nearly every industry, and nearly all sizes,” said Nathan Christensen, Mineral CEO. “We’re incredibly proud to now serve more than 1 million businesses and grateful to our more than 2,500 partners who have made it possible.”
Mineral’s SMB clients have learned they can count on the company’s unique combination of technology, HR and compliance content, and subject matter expertise. Because staying on top of evolving legislation can be exceptionally complicated, Mineral annually monitors more than 12,000 pieces of legislation and tracks more than 3,000 laws. Mineral’s content library features 3,000+ articles, templates, guides and videos. In just the past five years, Mineral clients have consulted the library 7.2 million times. When clients need additional support, Mineral Experts—with an average of 18 years of HR experience—provide personalized advice and have helped answer more than 1.3 million HR and compliance questions to date.
“Running a business and employing a team has never been more challenging, and HR and compliance solutions are more needed than ever, especially for smaller businesses that don’t have the resources or expertise that larger companies do,” Christensen said. “Inflation, supply chain issues, and labor shortages hit small businesses even harder. At the same time, they’re pressured to keep up with constantly changing HR and compliance practices and laws. Mineral makes these complex matters simple by giving them one place to turn for personalized and predictive technology and expertise.”
As Mineral grows, it is expanding its suite of offerings to help SMBs compete for talent with enterprise organizations. Upskilling and reskilling talent helps businesses improve productivity, reduce costs and retain top talent. That is why Mineral will be dramatically expanding the training offerings on Learn – the Learning Management System (LMS) on the Mineral Platform – through a new partnership with OpenSesame™. Through this partnership, Mineral is expanding its library of training courses from 300 to 3,000, beginning with topics that its research shows SMBs need the most now: Diversity, Equity, Inclusion & Belonging (DEIB), Health & Wellness, Microsoft Computer Skills, Cybersecurity, Leadership & Management, and Communication. “OpenSesame and Mineral are committed to helping organizations of all sizes succeed. And, especially for small businesses, bringing comprehensive employee training within reach is critical to that goal,” says Josh Blank, President at OpenSesame. “While their resources may be more limited than their larger counterparts, small organizations know firsthand how valuable upskilling and reskilling their employees is to the health of their business. By scaling a robust Learning Management System, OpenSesame and Mineral are helping SMBs improve their productivity, cut their costs and thrive in a competitive talent landscape.”
Mineral clients have already proven how much they value learning and development. Over the last five years, the employees of Mineral clients have completed 4.7 million HR and compliance training courses. As the workplace evolves, it creates a broader demand for a more diverse skillset. Mineral’s new partnership with OpenSesame will help SMBs cultivate a workforce that can succeed today and into the future by adding new topics, courses and publishers to its Learn catalog.
“Employee training is critical to helping keep a small business compliant, yet many SMBs don’t have the budget or IT resources for a stand-alone LMS,” said Diane Haines, Mineral Chief Product and Marketing Officer. “With the Mineral Platform, our clients have access to a right-sized LMS so they can train their employees on compliance best practices. Thanks to our newly expanded course catalog, they can also more effectively upskill and engage them.”
For more information, please visit https://trustmineral.com/1-million-infographic/
Trusted by more than 1 million companies, Mineral is the HR and compliance leader for growing businesses. Mineral’s flagship solutions, including the Mineral Platform, Mineral Intelligence and Mineral Experts, combine data, technology, and human expertise to take the guesswork out of HR and compliance, and give clients peace of mind. Partnering with more than 2,500 industry-leading insurance brokers, health insurance companies, PEOs and HCMs, Mineral has built the largest HR community in the U.S. Mineral was formerly known as the combined entity of ThinkHR and Mammoth. For more information, visit trustmineral.com.