Nowsta Is ‘Mission Control’ For Companies To Easily Find And Hire ‘Just-In-Time’ Workers

  • 📰 Forbes
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Using artificial intelligence and machine learning, along with sophisticated payments technology, Nicholas Lillios reimagined the way businesses communicate with and pay their hourly wage employees

Basically, Nowsta, with sophisticated software, can find workers who are idle and alert them of an opening for work. For instance, one bar on the block may be slow, but has too many servers on the shift. The app can alert the waitstaff about the need for help at another restaurant a few blocks away. Multiply this scenario throughout New York City and other states across the country.

The app was started before the pandemic, but it benefited from the swift realignment of the workforce and pressing need for businesses of all sizes to attract workers. The Great Resignation trend made it socially acceptable for people to quit their jobs with a moment’s notice to pursue a better opportunity. We’ve also seen workers not show up for their jobs—“This new pervasive attitude makes it nearly impossible for companies to manage, hire, schedule and deal with payroll.

Ashok Krishnamurthi, managing partner at GreatPoint Ventures, an investor in Nowsta, said, “The last two years have caused a paradigm shift in the labor marketplace, and hourly and flex work are becoming ever more prevalent. Krishnamurthi added, “Businesses of all types now must connect easily with, and manage efficiently, their on-demand workforces.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WIF Study Finds Women-Led Companies Receive Less Funding Than Male CounterpartsWhen Amy Baer left her job as president and CEO of CBS Films in 2011, she decided to go into business for herself. Though Baer had built an impressive résumé, including tenures at CAA and Sony Pict…
Source: Variety - 🏆 108. / 63 Read more »

WBEZ Chicago board approves Sun-Times acquisitionChicago Public Media, WBEZ's parent company, voted to approve a deal to acquire the Sun-Times. Thanks SO MUCH for stepping on 'Jeopardy' again!! 😝
Source: ABC7Chicago - 🏆 284. / 63 Read more »