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Multi-Billion Dollar GIG Economy Exploding With Tech Advancements Fueling Functionality & Efficiency of Latest User-Friendly Applications


News provided by

FN Media Group, LLC

06 Sep, 2016, 15:15 GMT

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CORAL SPRINGS, Florida, September 6, 2016 /PRNewswire/ --

The rapidly developing and evolving GIG economy and new employee/employer ecosystems are finding fresh ways to appeal to those in the workforce who desire flexibility while also improving the functionality and efficiency of a wide variety of unique on demand jobs.  Recent advancements in the GIG economy continue to fuel the multi-billion dollar industry towards continued growth as major companies such as Twitter, Inc. (NYSE: TWTR), Workday, Inc. (NYSE: WDAY), ServiceNow (NYSE: NOW), GrubHub Inc. (NYSE: GRUB), Facebook (NASDAQ: FB) work towards innovative new ways to improve conditions in the work place.

In current achievements and happenings addressing GIG economy issues: On a day established to honor the American worker,  ShiftPixy, Inc. ("ShiftPixy® or the "Company") announced a new app that automates recruitment and scheduling for shift-driven businesses as part of its complete human capital management (HCM) ecosystem. 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) and helps employers minimize administrative burdens while connecting them to an available workforce..

ShiftPixy is the first to address the challenges of operating in the on-demand, gig economy as an employer of shift workers, in compliance with increasing regulations, including the ACA, through its comprehensive platform. ShiftPixy currently supports 3,500 employees in the workforce and 150 clients through its HCM ecosystem, helping to alleviate costly administrative requirements. The app - available today to ShiftPixy clients - is the latest piece in the ShiftPixy ecosystem, providing a powerful scheduling and recruiting platform that gives operators real-time access to thousands of mobilized, geographically relevant shift workers.

Read the full ShiftPixy Press Release at: http://financialnewsmedia.com/profiles/pixy.html

According to co-founder and chief executive officer Scott Absher, the ShiftPixy app and HCM ecosystem are simultaneously pro-business and pro-worker. In addition to helping operators run more efficiently, ShiftPixy serves as the employer to its workforce, helping workers expand earning potential enabling them to secure work from multiple operators in order to supplement part-time hours or reach full time hours and eligibility for health benefits.

"As the gig economy continues to take root in a changing workforce culture, ShiftPixy is revolutionizing the way employees and employers connect at a time when changing regulations have placed stress on operators and workers," said Absher. "Through the ShiftPixy app and our ecosystem of human capital management services, we aim to close the gap between employers, who need more shift workers at fewer hours, and workers, who need more shifts to maintain income."

ShiftPixy Has Filed A Regulation A+ Offering Circular with the SEC; Will Use A New SEC Regulatory Framework That Allows Non-Accredited Investors The Opportunity To Invest in SEC Registered A+ IPO Offerings.  For more information go to: https://wrhambrecht.com/ipos/shiftpixy-inc-regulation-a-ipo/

In other work force, gig economy and other stock news from around the markets:  

Twitter, Inc. (NYSE: TWTR) and China's influential financial media organization Yicai (formerly branded as China Business Network) announce today a collaboration to grow Yicai's global influence in the financial industry through the global live communications platform. The collaboration will feature live news content from @YicaiChina (https://twitter.com/YicaiChina) on Twitter that seeks to deepen understanding of China's economy, financial and capital market, with a special focus on entrepreneurship and innovation, technology, media and telecommunications (TMT).

Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for finance and human resources, announced it will host Workday Rising from Sept. 26 - Sept. 29 at McCormick Place West in Chicago. Customers, prospective customers, partners, and employees will come together to collaborate and learn about how Workday helps organizations around the world achieve their growth objectives and prepare for the future.

ServiceNow (NYSE: NOW), the enterprise cloud company, late last month released the findings of its new survey that reveals why some companies are much better than others at providing great customer service, without having to spend more.  In the "Putting Service First" report, ServiceNow commissioned Intergram Online Research Services to survey 200 senior managers in customer service roles at U.S. firms with at least 500 employees to rate their customer service approaches.

Gig Employer Heartburn: Challenge To GrubHub Inc.'s (NYSE: GRUB) Classification System Continues - A putative class action case, alleging that online food delivery service GrubHub misclassified its drivers, has survived a motion to dismiss and will proceed in California federal court. Noting that GrubHub's view of the facts may ultimately prevail, U.S. Magistrate Judge Jacqueline Scott Corley said that at this stage, the drivers' pleadings gave rise to "plausible inference" that they should not have been classified as independent contractors, and thus may have impermissibly been denied minimum wage and overtime pay. http://www.mondaq.com/unitedstates/x/512006/employee+rights+labour+relations/Gig+Employer+Heartburn+Challenge+To+GrubHubs+Classification+System+Continues)

In an interview with Digiday (http://digiday.com/platforms/former-facebook-trending-news-editor-just-going-get-rid-product-altogether/), an anonymous former Trending Topics team member discussed what it was like working for Facebook (NASDAQ: FB). The team was accused of being biased towards liberal viewpoints by Gizmodo in May. Facebook apologised for any perceived slights against conservative news networks and even met with representatives from Fox News, The Blaze, and the Media Research Center in an attempt to apologise and assure them that there was no bias against conservative viewpoints.  That was apparently false, as in Digiday's interview with the former team member claims, "Ninety percent of the team identified as liberal, including the copy editors, who essentially had the final approval on topics."

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at financialnewsmedia.com.  Follow us on Facebook: facebook.com/financialnewsmedia and Twitter:  twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated three thousand two hundred dollars for news coverage of the current press release issued by Shift Pixy, Inc, a private company.  FNMG HOLDS NO SHARES OF ANY COMPANY LISTED HEREIN.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email: editor@financialnewsmedia.com
U.S. Phone: +1-954-345-0611
URL: http://www.financialnewsmedia.com

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