How the Gig Economy is Having a Positive Effect on the Hospitality Industry
PALM BEACH, Fla: The GIG economy has, in the last few years, dramatically changed the restaurant, transportation and health care markets... but it also has revamped the hospitality sector as well.
Much of this has arisen due to the rise of online mobile apps over the past several years. On-demand labor platforms connect the hospitality industry in real-time with qualified individuals ready to work. Gone are the days of relying on traditional temp agencies, a new era has now arrived.
Specifically, on-demand, short-term labor platforms are looking to meet the needs of hospitality businesses and ease the crippling effects that labor shortages can cause.
It is all too common in the catering, hospitality, and food & beverage industry that good workers can be hard to find. Often there is a great need for a reliable and professional extra hand because a regular employee took an unexpected sick day or a big catering job is coming up.
But today, thanks to innovative apps, companies can post available shift openings and be matched with an eager, qualified gig worker ready to fill in where and when they are needed. By leveraging the readily available on-demand labor force, employers can now reap the rewards of the fast-growing gig economy.
Active companies in the markets this week include ShiftPixy, Inc. (NASDAQ PIXY), Amazon.com, Inc. (NASDAQ AMZN), Microsoft Corporation (NASDAQ MSFT), Costco Wholesale Corporation (NASDAQ COST), Starbucks Corporation (NASDAQ SBUX).
The future of the gig economy is strong thanks t to the pioneering companies that launched these apps, and now the hospitality industry has benefitted from the new availability. This trend is driven in part by the fact that more people are opting to join the GIG workforce. The ongoing rapid growth of the gig economy is changing the future of work and redefining the work-life experience.
With smartphones as a constant companion, workers have the freedom to move seamlessly from gig to gig. Recent research from Intuit forecasts that by 2021 the gig economy will surge, resulting in 9.2 million Americans joining the gig workforce. With this continued uptick in the gig economy, gig workers will quickly outnumber jobs within the finance and construction sectors, respectively.
ShiftPixy, Inc. (NASDAQ PIXY) BREAKING NEWS ShiftPixy Announces Partnership with Washington Hospitality Association - More than 300,000 restaurant and hospitality employees to enter ShiftPixy ecosystem - ShiftPixy, a gig engagement platform provider, today announced a new partnership with the Washington Hospitality Association, the state's leading hospitality trade group representing more than 6,000 members, and supporting more than 300,000 restaurant and hospitality industry employees across the state of Washington.
We are absolutely thrilled to join forces with the Washington Hospitality Association in one of our largest and most significant partnerships to date, said ShiftPixy Co-Founder and CEO Scott Absher. The Washington Hospitality Association has historically demonstrated leadership and innovation in bringing vitality and leading-edge capabilities to the thousands of restaurant and hospitality operators across Washington State. We see our new partnership as a natural extension of that forward-thinking mindset, and eagerly anticipate helping Washington Hospitality Association advance its core mission utilizing our sophisticated and scalable human capital platform.
Discussing the new partnership, Washington Hospitality Association [CEO/President Anthony Anton] stated, An important focus of ours is to keep our restaurant and hospitality operators agile and equipped with the latest tools to succeed. We found the ShiftPixy platform to be exactly what we were seeking, especially during times such as these, when the ability to adapt to new market realities is of the utmost importance. We're excited to join forces with the ShiftPixy team and eagerly look forward to introducing the ShiftPixy ecosystem to our restaurant and hospitality operators and the thousands they employ across Washington State. Read this and more news for ShiftPixy at https//www.financialnewsmedia.com/news-pixy/.
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