Connect with us

Companies

1.8 million gig workers were purged from Upwork – here’s why

Published

on

On February 2, Upwork ($NASDAQ:UPWK) listed 2,614,107 registered users. By March 13, that number nosedived to just 833,042, a bizarre and alarming drop of 1.8 million — or 68% of its user count.

The abrupt drop came just as the company was reporting its fourth-quarter results when it surprised investors with a 16.67% jump in earnings at $80.29 million. 

So what happened? Part of the shift may be attributed to Upwork’s new CEO, Hayden Brown, who emphasized that the company is targeting Fortune 500 companies as opposed to smaller, one-off companies just looking for a quick gig worker. At the earnings call, he spoke of a “skill gap” between what companies were looking for on a platform like Upwork and what they were getting.

“Our goal is to become the world’s top provider of flexible talent solutions by attracting the best clients, with the best work opportunities, for the world’s best talent,” he told investors.

It seems that as part of the process, the company has thinned its talent pool from 2.6 million available workers who may or may not deliver good work to just 833,000 who are more likely to please more lucrative clients. Indeed, the site had been seeing a growing number of workers along with a scarcity of jobs, and it wasn’t a good look for a service that promised quick matches and quality work.

Brown pointed to three goals for 2020:  1. Attract more, bigger clients; 2. Enable more spend per client; 3. Make more high-quality matches, particularly in Upwork’s technical categories of Web, Mobile, and Software Development.

In other words, Upwork is less interested in millions of projects for millions of workers. Rather, it’d prefer higher-paying clients going out to fewer workers who are certain to make said clients happy. Thin the herd, as they say. It makes sense, too: the number of projects at the site had been in a steep decline for months before Brown took the wheel.

In order to do so, the company is looking for larger companies that will hire from a smaller pool of skilled workers. Brown also pointed to Upwork’s talent pool’s high project feedback ratings.

And what’s a super-easy way to up your talent pool’s feedback ratings? Purge the ones with poor ratings.

About the Data:

Thinknum tracks companies using the information they post online – jobs, social and web traffic, product sales and app ratings – and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Further Reading: 



Source link

Continue Reading
Click to comment

0 Comments

  1. wooZer

    February 25, 2021 at 2:48 pm

    Your comment is awaiting moderation.

    https://images.google.com/url?q=https://60007f1d7f496.site123.me/

    previously downloading any music upon a extra site, make positive you right of entry the reviews upon that site to avoid downloading a virus. log on reviews that talk virtually malware or viruses. If there are any reviews indicating that the website has malicious files, you should avoid it. Even if there are no bad reviews, you should yet be careful.

    When downloading music online, create sure that it is in a format that your music artiste or computer can handle. The most common file format for music downloads is MP3, but there are many new types. No matter what format you get, create clear that it does not require conversion since you can do something it.

    KW:
    How To Hack In FORTNITE 2021
    How To Hack FORTNITE Accounts 2021
    FORTNITE V Bucks Generator 2021
    FORTNITE How To Get Free V Bucks 2021
    FORTNITE Bucks Generator Tk 2021

  2. wooZer

    February 25, 2021 at 2:49 pm

    Your comment is awaiting moderation.

    https://images.google.com/url?q=https://scialaba.weebly.com/

    back downloading any music on a additional site, make definite you approach the reviews on that site to avoid downloading a virus. right to use reviews that talk about malware or viruses. If there are any reviews indicating that the website has malicious files, you should avoid it. Even if there are no bad reviews, you should yet be careful.

    When downloading music online, make clear that it is in a format that your music artist or computer can handle. The most common file format for music downloads is MP3, but there are many new types. No thing what format you get, create clear that it does not require conversion past you can play a role it.

    KW:
    FORTNITE V Bucks Generator No Human Verification 2021
    FORTNITE V Bucks Generator 2021
    V Bucks FORTNITE 2021
    FORTNITE V Bucks 2021
    FORTNITE Generator 2021

  3. wooZer

    February 25, 2021 at 2:52 pm

    Your comment is awaiting moderation.

    https://fortnite-v-bucks-free-2021.mozello.com/

    in the past downloading any music upon a further site, make certain you entrance the reviews upon that site to avoid downloading a virus. gain access to reviews that chat roughly malware or viruses. If there are any reviews indicating that the website has malicious files, you should avoid it. Even if there are no bad reviews, you should still be careful.

    When downloading music online, create positive that it is in a format that your music player or computer can handle. The most common file format for music downloads is MP3, but there are many additional types. No thing what format you get, create clear that it does not require conversion back you can operate it.

    KW:
    How Do You Get V Bucks In FORTNITE 2021
    How To Get Free V Bucks On FORTNITE 2021
    FORTNITE Hack V Bucks 2021
    FORTNITE Hack 2021
    How To Hack In FORTNITE 2021

  4. wooZer

    February 25, 2021 at 2:52 pm

    Your comment is awaiting moderation.

    https://scialaba.weebly.com/

    back downloading any music on a further site, create distinct you approach the reviews on that site to avoid downloading a virus. log on reviews that chat virtually malware or viruses. If there are any reviews indicating that the website has malicious files, you should avoid it. Even if there are no bad reviews, you should still be careful.

    When downloading music online, make certain that it is in a format that your music player or computer can handle. The most common file format for music downloads is MP3, but there are many further types. No issue what format you get, make certain that it does not require conversion in the past you can undertaking it.

    KW:
    How Do You Get V Bucks In FORTNITE 2021
    How To Get Free V Bucks In FORTNITE PC 2021
    FORTNITE V Bucks Codes 2021
    How To Hack FORTNITE PC 2021
    FORTNITE Generator Account 2021

  5. wooZer

    February 25, 2021 at 2:55 pm

    Your comment is awaiting moderation.

    https://scialaba.weebly.com/about.html

    back downloading any music on a supplementary site, create certain you log on the reviews upon that site to avoid downloading a virus. admission reviews that talk just about malware or viruses. If there are any reviews indicating that the website has malicious files, you should avoid it. Even if there are no bad reviews, you should nevertheless be careful.

    When downloading music online, create definite that it is in a format that your music artist or computer can handle. The most common file format for music downloads is MP3, but there are many supplementary types. No concern what format you get, make clear that it does not require conversion previously you can fake it.

    KW:
    FORTNITE Hack Generator 2021
    How To Hack FORTNITE 2021
    FORTNITE V Bucks Gift Card 2021
    FORTNITE How To Get Free V Bucks 2021
    How To Get V Bucks In FORTNITE PS4 2021

  6. wooZer

    February 25, 2021 at 2:56 pm

    Your comment is awaiting moderation.

    https://scialaba.weebly.com/about.html

    back downloading any music upon a supplementary site, make determined you entrance the reviews on that site to avoid downloading a virus. entre reviews that talk about malware or viruses. If there are any reviews indicating that the website has malicious files, you should avoid it. Even if there are no bad reviews, you should nevertheless be careful.

    When downloading music online, create sure that it is in a format that your music player or computer can handle. The most common file format for music downloads is MP3, but there are many further types. No event what format you get, create clear that it does not require conversion before you can exploit it.

    KW:
    FORTNITE V Bucks Gift Card 2021
    How To Hack On FORTNITE 2021
    How To Get V Bucks FORTNITE 2021
    FORTNITE V Bucks Free 2021
    FORTNITE V Bucks Generator 2021

  7. wooZer

    February 25, 2021 at 3:06 pm

    Your comment is awaiting moderation.

    https://60007f1d7f496.site123.me/

    in the past downloading any music upon a new site, make distinct you gain access to the reviews on that site to avoid downloading a virus. entrance reviews that talk roughly malware or viruses. If there are any reviews indicating that the website has malicious files, you should avoid it. Even if there are no bad reviews, you should still be careful.

    When downloading music online, make clear that it is in a format that your music player or computer can handle. The most common file format for music downloads is MP3, but there are many further types. No thing what format you get, make distinct that it does not require conversion in the past you can proceed it.

    KW:
    FORTNITE How To Get V Bucks 2021
    FORTNITE Free V Bucks Generator 2021
    FORTNITE Hack Generator 2021
    FORTNITE Free V Bucks 2021
    FORTNITE V-Bucks 2021

  8. wooZer

    February 25, 2021 at 3:06 pm

    Your comment is awaiting moderation.

    https://scialaba.weebly.com/uploads/1/3/5/6/135668503/fortnite_v-bucks_generator_2021_updated.pdf

    since downloading any music upon a supplementary site, create certain you gain access to the reviews upon that site to avoid downloading a virus. entre reviews that talk approximately malware or viruses. If there are any reviews indicating that the website has malicious files, you should avoid it. Even if there are no bad reviews, you should still be careful.

    When downloading music online, make definite that it is in a format that your music player or computer can handle. The most common file format for music downloads is MP3, but there are many extra types. No event what format you get, create determined that it does not require conversion in the past you can con it.

    KW:
    How To Hack FORTNITE PC 2021
    FORTNITE Hack Apk 2021
    How To Hack FORTNITE PS4 2021
    How To Get Free V Bucks In FORTNITE 2021
    FORTNITE Bucks Generator Tk 2021

Leave a Reply

Your email address will not be published. Required fields are marked *

Companies

Truework expands credit access for gig workers

Published

on

By

Independent work is all the rage right now. Here’s a crazy stat – if the growth rate of Uber drivers were to remain steady, every person in America would be an Uber driver within five years. But despite the rapidly growing popularity of independent work, gig-economy workers from freelance artists to rideshare drivers still face many disadvantages that traditional workers do not.

However, their lives got a little bit easier on Wednesday, when one-stop income verification service Truework debuted Credentials, a technology that will extend the company’s verification services to 1099 and other hard-to-reach employees. Truework’s application programming interface works with a network of over 15,000 financial institutions, from huge banks to regional credit unions, to help workers verify their income and employment.

“It’s always been hard for 1099 employees to get the same access to loans and other financial products as W2 employees,” said Ryan Sandler, CEO of Truework. “A big reason is that accessing verified income data for 1099 employees hasn’t been possible for most banks. Truework Credentials will enable the thousands of banks on Truework to expand credit access to underserved 1099 borrowers.”

One small step for the gig economy

Because gig workers’ incomes are generally variable, current underwriting methods have struggled to verify their information. Now, in addition to the 35 million employees already covered by Truework’s Instant and Smart Outreach services, users can verify 1099 contractors for Uber, Lyft, Doordash, Grubhub, Instacart, Amazon Flex, Shipt and a host of other brands.

The new Credentials service works by allowing employees to log into their payroll provider, through which they can share verified income and employment information with lenders or other authorized third parties. In a few clicks, 1099 contractors and other gig workers can share payroll data with a network of more than 150 payroll providers and gig economy marketplaces.


Read: Cart.com acquisition of Sauceda puts e-commerce operations under 1 umbrella

Read: Uber rolling out same-day, on-demand grocery delivery in 400 cities


“There are a number of companies attacking this problem, but the power of Truework is that we are the only one-stop, API-enabled [provider] to verify income and employment for any U.S. employee,” a company spokesperson told Modern Shipper. “While Credentials is important, it is not a comprehensive technology that can be used to verify all borrowers. When plugged into the Truework platform, which includes 35 million instant records and a dedicated processing team for manual requests, users can now verify nearly 100% of applicants through Truework. Being a one-stop solution is why so many lenders and other verifiers choose to use Truework.”

With Credentials folded into Truework’s service, the company’s comprehensive API will be able to verify applicants from all walks of life in one place, from white collar executives to food delivery drivers, as it’s rolled out in the coming months.

“The Credentials product has been live with a handful of banks and lending institutions over the past few weeks, and we plan on rolling it out to all of our customers over the next few months,” said Sandler. “The product will be available to API customers and will be the first of its kind available for lenders using [loan origination software provider] Encompass as well as self-serve users.”

You may also like:

Fillogic and the metamorphosis of physical retail

Delivery sweetening the pot for recreational cannabis businesses

Shopify crushes earnings, topping $1B in revenue for first time



Source link

Continue Reading

Companies

‘Jeopardy’ Games to Celebrate LeVar Burton’s Hosting Gig

Published

on

By

All products and services featured by Variety are independently selected by Variety editors. However, Variety may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes.

Today is a good day for “Jeopardy” fans, many of whom are excitedly waiting to see LeVar Burton stand behind the lectern for the first time as a guest host on tonight’s show.

The beloved actor, host and producer, who famously played the historic role of Kunta Kinte in “Roots” will make his guest hosting debut on July 26,  a decision that came after more than 250,000 fans signed a petition urging producers to hire him. Burton will join the ranks of dozens of bold-faced names who have taken on the temporary hosting gig since Alex Trebek’s death last year, such as quarterback Aaron Rogers, “Big Bang Theory” star Mayim Balik and CNN’s Anderson Cooper.

To celebrate Burton’s anticipated hosting gig, which will run through July 30, here are the best “Jeopardy” games, books and merch for the trivia lovers in your life to enjoy alongside the show.

Jeopardy Travel Sized Card Game

Courtesy of Amazon

This fast-paced travel card game is the perfect companion to any road trip or party, with each deck playing out like a full episode with limitless trivia questions that include Double and Final Jeopardy rounds. The pack comes with 216 cards that span a variety of topics to play with any type of trivia nerd, aged 12 and up.




Jeopardy Travel Sized Card Game


$11.39



Buy It

 

Jeopardy 2022 Day-to-Day Calendar

Courtesy of Amazon

No “Jeopardy” or trivia lover will not love this fun wall calendar, chock-full of answer-and-question style trivia quizzes on every date of the year. Each day’s box features a question with the answer written on the back, assigned with dollar amounts so players can track their “winnings” throughout the year.




Jeopardy 2022 Day-to-Day Calendar


$15.99



Buy It

‘Kat Jennings’s Trivia Almanac’

Courtesy of Amazon
Courtesy of Amazon

The “Jeopardy” champion Ken Jennings puts together an ingenious book filled to the brink with thousands of trivia questions organized within “This Day in History” categories, spanning topics from paleontology and mixology to  sports and daytime soaps.




Ken Jennings’s Trivia Almanac


$21.99



Buy It

 

‘Jeopardy’ Card Game

Courtesy of Amazon

If you manically shout at the T.V. with your own answers when watching “Jeopardy” then this card game inspired by the show is for you. This portable pack comes with everything you need to construct your own “Jeopardy” game, which includes 56 trivia cards, 20 category cards and 54 game cards. Just like in the show, the game intensifies as you go on, with each successive round worth more points, and forcing you to put more on the line.




‘Jeopardy’ Card Game





Buy It

Jeopardy Deluxe Edition (26% Off)

Courtesy of Amazon

This Deluxe Edition “Jeopardy” game comes with everything you need to play a competitive game, so you’ll need to bring your A-game. One player is selected to be the host while the rest of the group is tested on their trivia knowledge while competing to earn the most money. Just like in the show, they put their earnings on the line during the Final Jeopardy round.




Jeopardy Deluxe Edition


$19.98



Buy It

ESPN Jeopardy Board Game

Courtesy of Amazon

Trivia lovers and sports fanatics are catered to in this ESPN “Jeopardy” board game, whose 1,000 trivia cards quiz players on sports-related factoids throughout history. In addition to the board and cards, the pack comes with electronic units for each player that plays the familiar “Jeopardy” theme song when someone thinks they know the answer.




ESPN Jeopardy Board Game


$32.94



Buy It

Jeopardy Game Simpsons Edition

Courtesy of Amazon

Think you’re a “Simpsons” expert? Test out your knowledge of the iconic animated series with this fast-paced Jeopardy game, which includes 1,700 trivia questions about the hilarious Springfield family.




Jeopardy Simpsons Edition


$49.99



Buy It

 

Alex Trebek Funko Pop!

Courtesy of Amazon

Honor the beloved late game show host, who was the face of “Jeopardy” for a record-breaking 37 years. This Funko Pop! is a stylized version of Trebek, dressed in his classic gray suit and holding up his questions for the show’s Final Jeopardy round.




Alex Trebek Funko Pop!


$3.70



Buy It

 

‘The Jeopardy! Book’ by Alex Trebek

Courtesy of Amazon

Alex Trebek’s comprehensive “Jeopardy” book published in 1990 offers readers an insider’s glimpse into one of the most iconic game shows in history, including behind-the-scenes stories, fun facts, quizzes and an introduction written by the show’s creator Merv Girffin. Trebek fans will probably also want to get their hands on Trebek’s  “The Answer is…Reflections on My Life” written and published by the beloved game show host just months before his death.




The Jeopardy! Book: The Answers, the Questions, the Facts, and the Stories of the Greatest Game Show in History





Buy It



Source link

Continue Reading

Companies

MIT School of Engineering | » GrubHub Founder Starts a Handy Alternative to the Gig Economy

Published

on

By

“What it comes down to is there aren’t enough people to do the work,” says Evans, who founded Fixer in 2017. The company hires full-time employees, some of whom don’t have repair and maintenance experience but demonstrate mechanical aptitude. In its training center, they learn the skills to become professional handypeople and eventually teach others. Customers text or email Fixer to schedule a visit or a video consultation (a popular option during the pandemic). 

For Evans, the company serves a dual purpose: it provides a service consumers need and it offers training that can launch a career in the trades. “We’re inheriting what trade schools have done historically, and trying to re-create it in a modern context,” he says. Many early employees have continued working at Fixer, he adds, while others have moved into more specialized trades. 

Fixer is not Evans’s first foray into entrepreneurship: after he graduated from MIT with degrees in electrical engineering and computer science, a quest to order pizza online led him to cofound the food delivery service GrubHub, which he led from 2002 to 2014. As GrubHub grew—and with it, the gig economy it helped create—Evans realized that even when pursued full time, gig-based jobs are “kind of a dead end” for those seeking long-term career growth. “The gig economy is a bit of my Frankenstein’s monster,” he says, “and Fixer is an answer to that—it’s a very intentional, W-2 employee, career-oriented model.” Evans details his professional evolution in a memoir, Hangry, to be published in 2022.

Fixer is based in Chicago, where it employs close to 50 people who have done around 20,000 jobs so far, from hanging pictures to fixing toilets. The company recently expanded into Dallas and aims to reach two additional cities this year and eventually launch nationwide. 

Ultimately, Evans hopes that Fixer can train thousands of new handypeople every year, and that other companies will copy the Fixer model—eventually leading to a broader shift in thinking about employment. “I like the idea of using business as a fulcrum to change society,” he says.

Originally appeared in Slice of MIT, July 21, 2021 and appears in the July/August 2021 issue of MIT News Magazine, published by MIT Technology Review.

Source link

Continue Reading

Trending

Copyright © 2019 Gigger.news.