Slingshot AI

Slingshot AI, based in New York, is a pioneer in mental health AI research. Rapid growth required them to expand their workforce across the U.S. and internationally. Managing employee benefits and multi-jurisdiction compliance became increasingly complex and costly with traditional providers.

Traditional benefits providers were costly and inflexible, straining the company's budget without meeting employee needs. Hiring and managing distributed talent across US states and internationally was challenging due to varying labour laws and compliance requirements. The team was spending hours of unnecessary work manually processing complex payroll needs spanning many worker types and jurisdictions.

Niural provided Slingshot AI with U.S. Professional Employer Organisation (PEO) and Employer of Record (EOR) services.

By leveraging Niural's benefits administration, Slingshot AI cut benefits costs by 40% whilst offering competitive packages. Niural's EOR services facilitated the hiring and management of international employees, ensuring compliance with local regulations and reducing onboarding time by 75%. Niural's automation reduced Slingshot AI's administrative workload by 80%, enabling their HR team to focus on strategic priorities.

40% Reduction in Benefits Costs with Better Benefit Options
75% Faster Global Employee Onboarding
80% Reduction in Payroll Processing Time

Slingshot AI's partnership with Niural allowed them to manage their rapid growth effectively. By addressing key administrative challenges and reducing costs, they could focus on their core mission of advancing mental health through AI research, all whilst keeping their employees happy and compliant with regulations.