ShiftPixy Expands on How Fast Fill Technology Works to Solve Part-Time Labor Shortages
April 05 2023 - 8:30AM
Business Wire
ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or the “Company”), a
Miami-based national staffing enterprise which designs, manages,
and sells access to a disruptive, revolutionary platform that
facilitates employment in the rapidly growing Gig Economy, today
expanded on how its Fast Fill technology works. Designed to meet
the needs of the modern workforce, by leveraging the power of
mobile devices ShiftPixy is able to connect with the new part-time
workers where they are – on their smartphones.
For an overview of Fast Fill, please view this video.
In today’s world of work, businesses dependent on part-time
labor are facing a major “people problem” – they can’t seem to find
enough workers. Traditional methods of attracting and retaining
employees have lost efficacy, and employers are struggling to adapt
on their own to the changing job market landscape.
According to studies, 94% of consumers look for local
information on their smartphones, and 90% of those audiences take
action as a result. This is where today’s part-time worker lives
and is fully engaged. By meeting workers where they are, ShiftPixy
is at their fingertips and uniquely adapted to filter part-time
opportunities directly to this workforce, introducing them to
suitable work opportunities and moving them through a start-work
process that is simple, personal, and friction-free.
“Today’s part-time worker is smartphone addicted, and we
understand that to solve the new ‘people problem’ we need to meet
them where they are,” said Scott Absher, Co-Founder and CEO of
ShiftPixy. “The ShiftPixy Fast Fill technology allows us to do just
that, and we are excited to bring this innovative solution to our
clients. ShiftPixy’s Fast Fill technology streamlines the process
of finding, hiring and onboarding the right candidates, allowing
businesses to focus on growing their bottom line.”
“Traditional methods of attracting and retaining employees are
no longer effective,” continued Absher. “If you are trying to solve
the new people problem with the same old tools, you will be
disappointed. ShiftPixy’s Fast Fill technology offers a solution
that is innovative, effective, and meets the needs of the modern
workforce.”
ShiftPixy is committed to providing its clients with the tools
they need to succeed in today’s competitive and dynamic job market.
With its new Fast Fill technology, the Company is leading the way
in connecting businesses with the new part-time worker and helping
them to thrive in an ever-changing landscape.
About ShiftPixy
ShiftPixy is a disruptive human capital services enterprise,
revolutionizing employment in the Gig Economy by delivering a
next-gen platform for workforce management that helps businesses
with shift-based employees navigate regulatory mandates, minimize
administrative burdens and better connect with a ready-for-hire
workforce. With expertise rooted in management’s more than 25 years
of workers’ compensation and compliance programs experience,
ShiftPixy adds a needed layer for addressing compliance and
continued demands for equitable employment practices in the growing
Gig Economy.
Forward-Looking Statements
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking
statements. These forward-looking statements include, among other
things, statements regarding the anticipated use of proceeds from
the private placement, the anticipated closing date of the private
placement and the anticipated filing and effectiveness date for a
registration statement related to the resale of the common shares
and common shares underlying warrants from the private placement.
Although such forward-looking statements are based upon what
management of the Company believes are reasonable assumptions,
there can be no assurance that forward-looking statements will
prove to be accurate. If any of the risks or uncertainties,
including those set forth below, materialize or if any of the
assumptions proves incorrect, the results of the Company, could
differ materially from the results expressed or implied by the
forward-looking statements we make. The risks and uncertainties
include, but are not limited to, risks associated with the nature
of the Company’s business model; the Company’s ability to execute
its vision and growth strategy; the Company’s ability to attract
and retain clients; the Company’s ability to assess and manage
risks; changes in the law that affect the Company’s business and
its ability to respond to such changes and incorporate them into
its business model, as necessary; the Company’s ability to insure
against and otherwise effectively manage risks that affect its
business; competition; reliance on third-party systems and
software; the Company’s ability to protect and maintain its
intellectual property; and general developments in the economy and
financial markets. These and other risks are discussed in the
Company’s filings with the SEC, including, without limitation, its
Annual Report on Form 10-K, and its periodic and current reports on
Form 10-Q and Form 8-K. The Company undertakes no obligation to
update forward-looking statements if circumstances or management's
estimates or opinions should change, except as required by
applicable securities laws. The information in this press release
shall not be deemed to be “filed” for the purpose of Section 18 of
the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that section, and will not be deemed
an admission as to the materiality of any information that is
required to be disclosed solely by Regulation FD. Further
information on these and other factors that could affect the
financial results of the Company, is included in the filings we
make with the SEC from time to time. These documents are available
on the “SEC Filings” subsection of the “Investor Information”
section of the Company’s website at
https://ir.shiftpixy.com/financial-information/sec-filings, or
directly from the SEC’s website at https://www.sec.gov. Consistent
with the SEC’s April 2013 guidance on using social media outlets
like Facebook and Twitter to make corporate disclosures and
announce key information in compliance with Regulation FD, the
Company is alerting investors and other members of the general
public that the Company will provide updates on operations and
progress required to be disclosed under Regulation FD through its
social media on Facebook, Twitter, LinkedIn and YouTube. Investors,
potential investors, shareholders and individuals interested in the
Company are encouraged to keep informed by following us on
Facebook, Twitter, LinkedIn and YouTube.
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