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Published On: Mon, Nov 27th, 2017

Why ShiftPixy is Such a Fast Growing company

A study by Intuit predicts that by 2020, a full forty percent of American workers will be independent contractors. Independent contractors work with rather than for a company and much of the benefits and costs that a company would cover for the worker gets shifted away from the company. As businesses seek for better ways to cut costs and improve their bottom lines, the largest expense, workers are becoming the causalities.   

Companies are able to shed workers so easily because of a few converging factors that are undeniable and gaining momentum as you read this. These factors include the fast advance of technology in the workplace. Software, hardware, and new digital platforms aimed at specific business functions are either totally replacing or seriously minimizing the need for humans.

Another factor is the mobilization of today’s workforce, where many are willing and able to work from home or a remote location instead of the office. Because the new work force consists primarily of millennials who do not have the same relationship and feelings about being in the office, this new and mobile way of working is welcomed.  

This new state of affairs is called a gig economy and in this type of economy, people will change jobs often, expect to work remotely and will switch from part time to full time work regularly. Many workers in a gig economy will work freelance, never even seeing the companies they work for in person, and certainly never going to an office to get their work done or even have meetings.

For businesses in a gig economy, the goal is to constantly effectively manage resources, particularly office space, employee benefits and employee training costs. As such businesses will contract with outside companies to provide resources that the company will then not have to take on themselves.

The most valuable of these outsourced companies is one that can provide workers for businesses in a way that gets them quality employees when they are need but without the cost and headaches of having to actually hire them. Shiftpixy excels providing this service to companies.

photo/ public domain photos via pixabay

What is Shiftpixy?

ShiftPixy is a disruptive human capital management (HCM) services provider revolutionizing employment in the Gig Economy by delivering a next-gen platform for workforce management that helps shift-based business operators navigate regulatory mandates, minimize administrative burdens, and connects them with a ready-for-hire workforce.

The management of Shiftpixy has nearly 25 years of experience developing workers’ compensation and compliance programs, so they understand how to work within the rules and regulations to provide the best workforce solutions.  

ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy. ShiftPixy’s complete HCM ecosystem manages regulatory requirements such as paid time off (PTO) laws, insurance and workers’ compensation, minimum wage increases, and the Affordable Care Act (ACA) compliance.

Shiftpixy’s Solution

Shiftpixy uses an app based system to provide part time workers to businesses on an as needed basis.

  1. ShiftPixy was designed to sync work opportunities from job providers with the open time slots of available shift workers.
  2. ShiftPixy manages relationships with job providers to take open shift opportunities that are filling their schedules and offer them as work opportunities to qualified workers without the formal job interview and commitments.
  3. The ShiftPixy app allows shift workers to enroll, profile and prequalify based on their work and training experience for open shift opportunities.  “Shifters” can earn provider specific qualifications to boost their score and access to more shift opportunities.

Its elegant solution offer benefits for businesses and workers and as a result the company is one of the fastest growing in its market sector. As the gig economy continues its massive growth, Shiftpixy will continue to match its growth with a solution that supports the stakeholders in the gig economy.

Author: Anwar Hossain

About the Author

- Outside contributors to the Dispatch are always welcome to offer their unique voices, contradictory opinions or presentation of information not included on the site.

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