ShiftPixy Provides Video Detailing “Fast Fill” Recruiting Technology
16 February 2023 - 12:30AM
Business Wire
ShiftPixy, Inc. (Nasdaq: PIXY) (“ShiftPixy” or “the Company”), a
Florida-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
released a video further detailing its new “Fast Fill” recruiting
technology first announced December 13, 2022. As reported at the
time, many of the multi-unit fast food operators that endured the
pandemic are now seeing activity pick up, but finding themselves
unable to fill open positions, often due to weaker than ever “bench
strength”. Fast Fill, which ShiftPixy is launching with a “Need
Workers?” marketing campaign aimed at restaurant operators, is
designed to directly reach available workers through mobile
technology, encouraging immediate sign up for available QSR (quick
service restaurant) shifts.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230215005162/en/
Smartphones have become a necessity of daily life, and have
dramatically altered how people access information. Studies show
that 94% of consumers look for local information on their
smartphones, and 90% of those audiences take action as a result.
The widespread use of smartphones to search the internet, shop, be
entertained, and find local information provides marketers with the
ability to target an audience that is constantly connected.
ShiftPixy’s extensive analytics enable its fast fill algorithm
to precisely identify and target potential shift workers for
population. Once a potential shift worker is identified, the fast
fill algorithm connects with them to present shift work
opportunities and immediately move them through a high touch
digital process to put them to work on the opportunities they
select.
“Keeping the bench full with qualified workers remains a
challenge for today’s QSR operators, and our Fast Fill mobile
technology allows them to reach the workers of today quickly and
efficiently where they live and socialize,” said ShiftPixy
Co-Founder and CEO, Scott Absher. “As discussed in the accompanying
video, our most recent tests with our fast food clients needing to
fill as many as 100 openings has exceeded expectations, turning
what once was a six-month endeavor into perhaps a two-week success
story. We’re capturing the attention of interested shift workers,
motivating them to work and by so doing, accelerating the growth of
our QSR clients.”
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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version on businesswire.com: https://www.businesswire.com/news/home/20230215005162/en/
INVESTOR: InvestorRelations@shiftpixy.com
800.475.3655
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