Before he founded Hourly, co-founder and CEO Tom Sagi managed his family's construction company and experienced firsthand the frustration of processing payroll manually and trying to calculate accurate workers’ comp premiums. He was constantly stressed about fixing timesheet errors, getting paychecks out on time, and paying payroll taxes. To make matters worse, he never knew if he’d owe money on workers’ comp insurance at the end of the year—and, if so, how that would affect cash flow and the ability to pay everybody on time.
In the midst of all this stress, he had the vision to create a platform that helps small businesses with hourly workers handle payroll and workers’ comp in a matter of minutes.
Tom teamed up with technologist Sha…