MIT Solve

Solution overview

Our Solution

Gigtr Inc.

Tagline

Unified work profile and information across the Gig Economy

Pitch us on your solution

The Gig Economy currently accounts for 30% of the workforce and is expected to continue growing. The biggest factor disadvantaging the gig worker in our opinion is the lack of information about the earnings opportunities as well as the ownership of personal performance data.

We've built a platform that records the performance and aggregates a worker's profile across all gig platforms where she has worked, so that she can improve her leverage in seeking her next employment opportunity. The same crowd-sourcing technology is being used to inform the workers of rates across other platforms, so that she knows other lucrative options.

Our platform guides and enables gig workers to be truly mobile in the Gig Economy by arming them with data about their own performance as well as opportunities in their marketplace.

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What is the problem you are solving?

The Gig Economy is 68M people strong and growing. Its ecosystem spans hundreds of platforms in each geographic zone and new ones entering the market monthly as the consumer needs change. Meanwhile, all this economic development only adds confusion to the worker's dilemma and which jobs to pursue and which ones can earn a stable income.

Gig Platforms, such as Uber and Lyft, take advantage of this information asymmetry and underpay the workers, who are reluctant to switch because of lack of knowledge of better options. To keep them put, they also lock them up into bonus agreements, which prevent workers from being mobile. Lastly, they gig platforms own the worker's performance profile, making it non transferable to another platform. So if one were to switch, she'd have to start from scratch.

In sum the gig workers are not the ones reaping the benefits of the gig economy because they are not the ones owning the data. We're here to solve that.

Who are you serving?

Every day we go out and talk to gig workers in our neighborhoods: ride share drivers at gas stations, delivery drivers in neighborhood restaurants, dog walkers in local parks... They're all telling us the same story: they'd love to find out how they can make a better living but they feel scared to leave behind what they have already.

Our solution will clear up the road for them to make a better living by green lighting the jobs that pay more and allowing them to use their current work history as a negotiation leverage for the next job.

What is your solution?

We'd like to break down the solution into 2 components:

1. The Rate Aggregator: computes hourly rates across gig platforms by hour of day, day of the week and region, so that gig workers can find, assess and compare opportunities on an even playing field.

2. The Profile Aggregator: records and aggregates performance data across all gig platforms where the worker participates, thus creating a unified profile for them which she can use to negotiate a better rate with a new platform via sign-on bonus or guaranteed rate.

Select only the most relevant.

Increase opportunities for people - especially those traditionally left behind and most marginalized – to access digital and 21st century skills, meet employer demands, and access the jobs of today and tomorrow

Where our solution team is headquartered or located:

San Francisco, CA, USA

Our solution's stage of development:

Pilot