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Solving the Staffing Challenge
via the Gig Economy
Gary Brown
Senior Business Development
Urban Populations
3.4
Billion
SmartPhone
Ownership
2008 2018
1 in 100
2008
4.6
Billion
1 in 5
2018
Online Shopping
5x
Since 2008
In the year before the
referendum, net EU
migration was
estimated at
189,000
In the year to June 2018, EU
‘net migration’ was around
74,000
(the lowest level recorded
since September 2012)
Net Migration
2.5%
Lowest Unemployment
levels since
1974 at 3.9%
Between 2008 and 2018 global internet retail sales quintupled from
$290.4 billion to $1.6 trillion
FedEx Corp Chairman and Founder Fred Smith estimated that
B2C e-commerce will generate £3.2 trillion by 2020
with B2B e-commerce expected to be twice that size.
24,000+
Vetted Workers
2,100+
Clients
100
Staff in UK
3
Awards
3 different
Sectors
Some of our clients
• 4.4 per cent of the population in Great Britain had worked in the gig economy
in the last 12 months. This is roughly 2.8 million people.
• Over half of those involved in the gig economy (56 per cent) were aged 18 to 34.
• Independence and flexibility were the two aspects that those working in the gig
economy were most often satisfied with (58% and 56% respectively
• However 25% were less satisfied with their work-related benefits and level of income
What if the unsatisfactory
elements of
and the most desirable
elements were maximised?
1. Put Candidates First
‘Using Transparency
to Build Trust’
Simplicity
Engagement
Objectivity
Flexibility
Feedback
Agency
Attraction
Performance - 96%
Result:
2. Promote Fairness
Pay
Sick, Holiday Pay,
Pension
Benefits
Bonuses
Word of Mouth
Attraction
Motivation - James
Performance
Agency
Result:
3. Automate
3. Automisation
According to the Office of National Statistics, the number of self-employed
people in the UK has risen by 45% since 2001.
2010; with non-employment businesses comprising just 17% of the
transportation and storage sector, as opposed to 93% in 2017 – a growth of
8,431%.
Millennials
Mobile
Workers are demanding new ways of working
Equanimity in Rating - Worker and Employer
Standardisation of Quality, Timing and Matching
Scalability - With Scale comes sustainability and
meritocracy
End of the subjective intermediary birth of on
demand and just-in time resourcing
4. Data Driven Decision Making
Syft in Numbers
2.8 hours
Is the average time it takes to fill a shift
Over 98%
Of all shifts are rated 4 star or above
98.3% of all shifts
Were completed in the app
99% of clients
Are repeated users
5 seconds
the quickest record a shift is filled!
97.5% of shifts
filled with less than 48 hours notice
Insights, Trends and Analysis
Identify trends
Anticipate demand
Strategic decisions on whom and when to allocate work
based on data rather than subjective criteria tackles inherent
biases
Adopt a resourcing solution that can provide you with real-
time reporting, predictive analytics and trend analysis to
remain agile.
Manage your managers as well as your workers with real time
reporting and quarterly reports
4. Manage Cost
5. Manage cost
Time of Rapid change - must remain agile
Overtime spend
Headcount
Agency fees
Productivity gains / losses
The 5 New Resourcing Strategies
1. Put Candidates First
2. Promote Fairness
3. Automate
4. Data based decision making
5. Manage cost
The Taylor Review set out a few key recommendations
1 technology presents new opportunities; however, fairness needs to be ensured for those working through
these platforms as well as their competitors.
2 Firms should support people in the decision-making process so that individuals can know and exercise
their rights, and be treated fairly
3 Future work prospects must be realistically attainable
4 Finally, ensure people do not face insecurity and are not stuck at the living wage minimum. It also
highlights a need for people to progress in their current and future work.
These suggestions seem logical and reasonable, but the practicality of implementing these changes could
take years.
Gary Brown
gary@syftapp.com
The
Future
of Work

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The Future of Work and the Gig Economy? The War for Talent 3.0

  • 1. Solving the Staffing Challenge via the Gig Economy Gary Brown Senior Business Development
  • 2.
  • 3. Urban Populations 3.4 Billion SmartPhone Ownership 2008 2018 1 in 100 2008 4.6 Billion 1 in 5 2018 Online Shopping 5x Since 2008
  • 4. In the year before the referendum, net EU migration was estimated at 189,000 In the year to June 2018, EU ‘net migration’ was around 74,000 (the lowest level recorded since September 2012)
  • 5. Net Migration 2.5% Lowest Unemployment levels since 1974 at 3.9% Between 2008 and 2018 global internet retail sales quintupled from $290.4 billion to $1.6 trillion FedEx Corp Chairman and Founder Fred Smith estimated that B2C e-commerce will generate £3.2 trillion by 2020 with B2B e-commerce expected to be twice that size.
  • 6.
  • 7.
  • 8. 24,000+ Vetted Workers 2,100+ Clients 100 Staff in UK 3 Awards 3 different Sectors Some of our clients
  • 9. • 4.4 per cent of the population in Great Britain had worked in the gig economy in the last 12 months. This is roughly 2.8 million people. • Over half of those involved in the gig economy (56 per cent) were aged 18 to 34. • Independence and flexibility were the two aspects that those working in the gig economy were most often satisfied with (58% and 56% respectively • However 25% were less satisfied with their work-related benefits and level of income
  • 10. What if the unsatisfactory elements of and the most desirable elements were maximised?
  • 15. Pay Sick, Holiday Pay, Pension Benefits Bonuses Word of Mouth Attraction Motivation - James Performance Agency Result:
  • 18. According to the Office of National Statistics, the number of self-employed people in the UK has risen by 45% since 2001. 2010; with non-employment businesses comprising just 17% of the transportation and storage sector, as opposed to 93% in 2017 – a growth of 8,431%. Millennials Mobile Workers are demanding new ways of working
  • 19.
  • 20.
  • 21. Equanimity in Rating - Worker and Employer Standardisation of Quality, Timing and Matching Scalability - With Scale comes sustainability and meritocracy End of the subjective intermediary birth of on demand and just-in time resourcing
  • 22. 4. Data Driven Decision Making
  • 23.
  • 24. Syft in Numbers 2.8 hours Is the average time it takes to fill a shift Over 98% Of all shifts are rated 4 star or above 98.3% of all shifts Were completed in the app 99% of clients Are repeated users 5 seconds the quickest record a shift is filled! 97.5% of shifts filled with less than 48 hours notice Insights, Trends and Analysis
  • 25. Identify trends Anticipate demand Strategic decisions on whom and when to allocate work based on data rather than subjective criteria tackles inherent biases Adopt a resourcing solution that can provide you with real- time reporting, predictive analytics and trend analysis to remain agile. Manage your managers as well as your workers with real time reporting and quarterly reports
  • 28. Time of Rapid change - must remain agile Overtime spend Headcount Agency fees Productivity gains / losses
  • 29. The 5 New Resourcing Strategies 1. Put Candidates First 2. Promote Fairness 3. Automate 4. Data based decision making 5. Manage cost
  • 30. The Taylor Review set out a few key recommendations 1 technology presents new opportunities; however, fairness needs to be ensured for those working through these platforms as well as their competitors. 2 Firms should support people in the decision-making process so that individuals can know and exercise their rights, and be treated fairly 3 Future work prospects must be realistically attainable 4 Finally, ensure people do not face insecurity and are not stuck at the living wage minimum. It also highlights a need for people to progress in their current and future work. These suggestions seem logical and reasonable, but the practicality of implementing these changes could take years.