ShiftPixy

IRVINE,  CA 
United States
https://www.shiftpixy.com/
  • Booth: 10432


ShiftPixy is a disruptive workforce engagement platform.

ShiftPixy (NASDAQ: PIXY) is a disruptive human capital management provider that matches employers searching for part-time employees with qualified workers, harnessing the gig economy concept but without the concerns of misclassification of workers. ShiftPixy serves as the employer to its workforce who are employees – not contractors – and are eligible for health coverage, unemployment and other benefits. This model takes misclassification concerns away from the employer while allowing employees to receive the benefits, protections and work schedules they desire.

ShiftPixy manages all of the paperwork and regulated aspects of employing part-time individuals for the employer, taking care of over 50 essential and regulated aspects of the job provider’s human capital management demands, such as paid time off (PTO) laws, insurance and workers’ compensation, minimum wage increases, and the Affordable Care Act (ACA).

In addition to relieving operators in the ShiftPixy ecosystem from administrative burdens, ShiftPixy's powerful scheduling and recruiting platform enables them to access a contingent workforce in real-time, broadcast open shifts to a qualified pool of available shift workers, cap and decrease escalating workers compensation costs, and ultimately maximize their growth strategy and liberate their business.

ShiftPixy's sophisticated technology is just one of its differentiators, allowing clients to scale and enhance their efficiency and make administrative tasks a non-issue for operators in the ShiftPixy ecosystem. ShiftPixy's digital solution includes a private blockchain ledger to record and track critical human capital validation data, a sophisticated ‘micro-metering’ approach for financial and insurance transactions, and IBM’s Watson artificial intelligence engine to achieve a uniquely personal experience for workers and employers alike.

ShiftPixy's model is poised to disrupt the gig economy, but specifically, delivery. With the rising demand among consumers for delivery services, many restaurants feel they must work with companies like UberEats and GrubHub to remain competitive, however, these partnerships are not without downsides. Not only do they cut into restaurants' profits, they steal brand control from the business owner. ShiftPixy is the solution to third-party delivery woes, helping restaurant owners by alleviating the risks and challenges associated with working with third-party delivery services. Not only does ShiftPixy help lower delivery costs, but it allows restaurants to use their own team members to self-deliver a brand intended customer experience while removing compliance, management and insurance issues that are associated with delivery.


 Press Releases

  • IRVINE, CA – May XX, 2019 – ShiftPixy, Inc. (NASDAQ: PIXY), a disruptive workforce engagement platform provider, will be an exhibitor at the 2019 National Restaurant Association (NRA) Show taking place May 18-21 in Chicago.

    Now in its 100th year, the NRA Show is the largest annual gathering of the restaurant, foodservice and hospitality industries in the US, welcoming over 43,000 attendees. The 2019 show will be held at the McCormick Place in Chicago, and ShiftPixy will be located in booth #10432.

    As the online food delivery industry continues to boom and restaurants suffer from high turnover rates, operators are having an exceedingly difficult time meeting consumer demand without succumbing to partnerships with third-party delivery platforms. ShiftPixy liberates restaurants by allowing them to enjoy the flexibility and convenience associated with the gig economy, while keeping delivery in-house to maintain the brand-intended customer experience.

    “We’re excited to be an exhibitor at the NRA Show and meet with restaurant brands to discuss how they can address the labor and delivery challenges they’re facing,” says Scott Absher, CEO of ShiftPixy. “Specifically, third-party delivery players are continuing to grow in volume and success, and at this stage, it’s vital that restaurants take bold steps to reclaim their brands, customers and profits. ShiftPixy is the ideal partner to enable them to do so.”

    Harnessing the power of the gig economy, ShiftPixy matches restaurants seeking part-time employees or delivery drivers with qualified workers while offering them employment-related benefits and protections. Because the workers are employees of ShiftPixy, the restaurant operators don’t need to concern themselves with employment-related requirements and compliance burdens, freeing up their time and allowing them to focus on more important aspects of their business. 

    About ShiftPixy

    ShiftPixy (NASDAQ:PIXY) is a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help 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 nearly 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.

    ShiftPixy Cautionary Statement

    The information provided in this release includes forward-looking statements, the achievement or success of which involves risks, uncertainties, and assumptions. 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 ShiftPixy, Inc., 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 our business model; our ability to execute the Company's vision and growth strategy; our ability to attract and retain clients; our ability to assess and manage risks; changes in the law that affect our business and our ability to respond to such changes and incorporate them into our business model, as necessary; our ability to insure against and otherwise effectively manage risks that affect our business; competition; reliance on third-party systems and software; our ability to protect and maintain our intellectual property; and general developments in the economy and financial markets.  Statements made in connection with any guidance may refer to financial statements that have not been reviewed or audited.  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 ShiftPixy, Inc., is included in the filings we make with the Securities and Exchange Commission from time to time. These documents are available on the "SEC Filings" subsection of the "Investor Information" section of our website at https://ir.shiftpixy.com/financial-information/sec-filings.

    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, ShiftPixy is alerting investors and other members of the general public that ShiftPixy 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 our Company are encouraged to keep informed by following us on Facebook, Twitter, LinkedIn and YouTube.

    Media Contact:
    Amy Wang
    amy.wang@shiftpixy.com
    949.245.7291  


 Additional Info

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