JOBDOH - AI Driven Instant Jobs and Early Pay Access Portal

Everyone has the right to live with freedom, and freedom stems from security. A big part of the security comes from financial sustainability. We believe that financial sustainability comes not only from working but also from timely access to financing. Every worker should have the right to access their rightfully earned wages when they need them, instead of based on a pre-set payroll cycle. Low income earners especially have a higher need for short term financing to pay for emergency items between pay checks, yet their normal monthly payroll cycle does not match their needs. JOBDOH is here to change that - granting workers access to their wages when they need them, at the click of a button.

Our solution can help low income earners cut their unsecured financing cost by more than 20% while offering them (often unbanked) a way to save money via our e-wallet facilities. 

There are 438million unbanked individuals in Southeast Asia.  Many of them are lowly skilled and low income earners. They have difficulty developing upward mobility due to the lack of timely employment opportunities and of cash flow between pay-checks. 

JOBDOH helps by first providing job opportunities via our marketplace, an award winning smart-hiring platform that connects employers with curated workers in critical time frame. Our platform is 95X faster than the market average in fulfilling jobs, setting a record from job posting to arrival to under 30 minutes. Our system reduces the need to travel to interviews, thus saving the workers' time and money. 

Also, typically these workers have more short term financing needs between pay-checks yet they lack financing access from banks. Their option is to go to high interest rate lenders. JOBDOH's Earned Wage Early Access portal enables them to get their earned income as soon as they finish work.

Finally our system identifies the skill gap between the workers' desired jobs and their current competencies thus recommending education and certification programs they should undertake to close the skill gap and increase their chances in getting their desired job opportunities.  We could also offer education loans.

JOBDOH targets two groups of beneficiaries.
1. Opportunity exclusion for the "misfits"
"Misfits" are defined as those who cannot acquire relevant job opportunities due to workforce skill gap, a change in living circumstances or family background. They fall out from the general population.
JOBDOH's technology and functionality (e.g. up-skilling via internship, ability to take up non-full-time work that are closest to home, without interviews and at a moment's notice) enables this group to generate income opportunities and increase self-esteem.

2. Financial exclusion for the unbanked
Currently many low income workers on JOBDOH platform in both North and Southeast Asia are unbanked. They have thus little access to affordable financing and remittance services, forcing them to spend much of the earnings on borrowing money externally or on transaction cost. JOBDOH mitigates this, allowing more income to be received by their families.

JOBDOH platform has two products - JOBDOH marketplace and Earned Wage Early Access Portal.

JOBDOH marketplace is an award winning smart-hiring platform that connects employers with curated workers in critical time frame. Our platform is 95X faster than the market average in fulfilling jobs, setting a record from job posting to arrival to under 30 minutes. Our system reduces the need to travel to interviews, thus saving the workers' time and money. This is done by using AI driven matching algorithm of jobs and workers’ psychometric qualities, socioeconomic needs, user behaviour on our app, aptitude, post-job ratings and presentation (gauged by uploading their own videos).  These factors can at times override the importance of traditional criteria such as education or direct work experience, thus giving more opportunities to those who do not normally “fit the specs.” Our platform also uses geospatial search to send jobs to the those are the nearest.

The Earned Wage Early Access Portal is a fintech solution to help workers counter short term financing needs.  Typically these workers have more short term financing needs between pay-checks yet they lack financing access from banks. Their option is to go to high interest rate loan sharks or consumer lending companies.  Our portal enables them to access their earned income as soon as they finish work, so at the click of one button, workers can get paid for the number of days they have already worked. They can choose to deposit the money into our e-wallet partners, remit it directly to their family members or can withdraw as cash from banks or cash agents.

Finally our system identifies the skill gap between the workers' desired jobs and their current competencies thus recommending certification programs they should undertake to close the skill gap and increase their chances in getting their desired job opportunities.  We also offer education loans in this process.

Already a leader in the on-demand hiring space in Hong Kong, our target is to become Asia’s leading one-stop-shop smart HR platform with job matching, financing services and work-ready education scheme. 

While our innovative new offering is the Earned Wage Early Access portal, where workers can get their earned pay anytime before month end at the click of a button, our core business is in job matching.

The business of contingent job matching is one of the oldest trades, being heavily "human-centric". From sourcing, screening to managing talents, human effort has been the key ingredient, leading to issues such as interviewer bias, inefficiency, opaqueness and inconsistency in hiring. Established recruitment firms are too slow to react to technologies due to legacy issues.

JOBDOH is here to disrupt the recruitment industry. As an award winning digital platform, we are the world's only on-demand job placement with early pay access services. Backed by AI driven matching algorithm, performance tracking system and geospatial search, JOBDOH platform is 95 times faster than the market average in fulfilling jobs and offers a 24-hour wage disbursement service via mobile payments.

JOBDOH is a technology company, a smart-hiring platform, connecting on-demand curated workers with employers. We are 95X faster than the market average in fulfilling jobs, setting a record from job posting to arrival to under 30 minutes. Our data science driven matching algorithm and transparent record keeping system enables clients to receive the most suitable candidates. Meanwhile, our candidates benefit from an increased flexibility to earn extra income quickly. With nearly 200K workers and employers on our platform, we are a leading AI job marketplace for Hong Kong.

We are now adding functions to enable workers access our "Earned Wage Early Access" portal so at the click of one button, workers can get paid for the number of days they have already worked. They can choose to deposit the cash in our e-wallet partners, to remit it to family or can withdraw as cash.

Simply getting a job is not enough to improve the upward mobility of low income earners.  They need also access to financial services and a chance to upskill themselves.  JOBDOH offers three pillars - financial services, job opportunities and upskilling assistance.  

There are 438million unbanked individuals in Southeast Asia.  Many of them are lowly skilled and low income earners, who have difficulty developing upward mobility due to the lack of timely or good employment opportunities and of cash flow between paychecks. 

Low income earners especially have a higher need for short term financing to pay for emergency items between paychecks, yet their normal monthly payroll cycle does not match their needs. JOBDOH’s Earned Wage Early Access Portal gives workers access to their earned wages when they need them, at the click of a button.

Our solution can help low income earners cut their unsecured financing cost by more than 20% while offering them a way to save money via our e-wallet facilities.

This is built on top of JOBDOH marketplace, an award winning smart-hiring platform that connects employers with curated workers in critical time frame. Our platform is 95X faster than the market average in fulfilling jobs, setting a record from job posting to arrival to under 30 minutes. Our system reduces the need to travel to interviews, thus saving the workers' time and money. 

Our JOBDOH marketplace system also identifies and closes the skill gap and increase workers’ chances in getting better job opportunities while offering education loans.

JOBDOH targets the following groups.

1. Opportunity exclusion for the “misfits”

“Misfits” are defined as those who cannot acquire relevant job opportunities due to workforce skill gap, a change in living circumstances or family background. 

2. Financial exclusion for the unbanked

Currently many low income workers on JOBDOH are unbanked. They have little access to affordable financing and remittance services, forcing them to spend much of the earnings on borrowing money externally or on transaction cost. 

JOBDOH marketplace currently already offers employment in minutes using AI matching hence reducing the need to travel for interviews. So far we have nearly 200K workers on the platform. We expect a total increase of 20,000 users in one year and over 8 million users (2% of the total unbanked population in Southeast Asia) by year 5.  

We estimated a 12% increase in income as a result of using our portal. In our test result, we estimated between 30-50% of workers needing our Earned Wage Early Access portal.

Going forward, we continue to see a big issue with college/ vocational school students' workforce readiness. Hence we are getting more students to use JOBDOH to attain internship opportunities, which are currently not systematically available. Also due to the high unbanked population, workers can use our platform as a way to receive, save and transfer cash faster and cheaper. We target a 30% increase in better job placement and a 20% drop in external borrowing costs.

Our business metrics includes the number of jobs we place, the number of workers who access the Earned Wage Early Access program and the payroll processed.

On the other hand, our social impact metric includes the amount of high-interest debt lowered for a worker and increased income via more and better job opportunities.

We target a 30% increase in better job placement and a 20% drop in external borrowing cost in one year.

In five year’s time, JOBDOH strives to become Asia’s leading one-stop-shop smart HR platform with job matching, financing services and insurance protection.  We leverage on AI and big data analysis to continuously improve our offering.  Our innovation makes us the first job portal in Asia to be able to pay the workers as soon as they finish work (i.e. Earned Wage Early Access program.)  With the data that JOBDOH can collect, we also want to build comprehensive credit profiles for the unbanked.

JOBDOH can scale because our solution is scalable, replicable and diversified.

Scalable – Designed to be global, the JOBDOH platform was built to be available for download worldwide. JOBDOH’s R&D effort is centralized but can be implemented instantly to all or select geographical locations.

Replicable – Being able to replicate the platform quickly gives us another use case and revenue stream – licensing. For example, our job portal is listed on the Ministry of Education home page and is the only country wide portal used by Myanmar students.

Diversified – JOBDOH has multiple product/ service offering.

The biggest internal risk is system failure so we hire highly skilled and ethical team to build and run our platform. Also all the data are secured on a cloud server to avoid data leakage.

The biggest external risk for our Earned Wage Access portal is the employer not paying us back, since we basically front the wages for the employers. We have a three-step approach to mitigate such a risk.

1. Employer selection - we only work with employers with a good reputation 

2. Partial onboarding - in the first three months, we only allow a portion of their workers accessing the Earned Wage Access portal and we limit the amount of earned wages they can access

3. Full onboarding - after accessing employers' ability to pay us back wages on a timely basis will we then grant a full access to all their workers

In the next five years, we also want to use AI to build a credit scoring mechanism for all our unbanked users.  There could be data risk but we will mitigate with more secured measures.

The biggest internal risk is system failure so we hire highly skilled and ethical team to build and run our platform. Also all the data are secured on a cloud server to avoid data leakage.

The biggest external risk for our Earned Wage Access portal is the employer not paying us back, since we basically front the wages for the employers. We have a three-step approach to mitigate such a risk.

1. Employer selection - we only work with employers with a good reputation 

2. Partial onboarding - in the first three months, we only allow a portion of their workers accessing the Earned Wage Access portal and we limit the amount of earned wages they can access

3. Full onboarding - after accessing employers' ability to pay us back wages on a timely basis will we then grant a full access to all their workers

In the next five years, we also want to use AI to build a credit scoring mechanism for all our unbanked users.  There could be data risk but we will mitigate with more secured measures.

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Full time staff - 7

Part-time staff - 4

Contractors - 2

Since launch, JOBDOH has become the leading player of on-demand and temporary job matching platform with the highest app download number and nearly 200K users in Hong Kong alone. 

While we are relatively new in Myanmar (registered in Mar 2019), we have become the only job portal for students listed on the Ministry of Education home page.

JOBDOH’s management team consists of CEO Xania Wong and Vaughn Hew.

Xania Wong - Responsible for overall business operation, customer acquisition and strategy. In addition to three entrepreneurial ventures, Xania gained her professional experience as an investment analyst at Royal Bank of Canada, a management consultant at Bain & Co. and OC&C Strategy Consultants and a Product/Business Manager at MSCI Inc., with key projects including the launch of MSCI Indonesia futures on SGX. She is a CFA charter holder and obtained an INSEAD MBA.  

She has won many awards includes:

- Google's Empowering Young Entrepreneur competition

- Chivas' the Venture Competition HK

- Cartier Women's Initiative Award Asia Pacific Finalist

- Hong Kong Tatler's Generation T (50 of Hong Kong’s brightest connectors,

creative visionaries, influential innovators and disruptive talents)

- Dubai Expo 2020's Top 100 Global Innovators.

Vaughn Hew - Responsible for system architecture and platform design. Graduated in RMIT Australia, Vaughn was an entrepreneur in marketplace and sharing economy. He has ten years of full-stack development and cybersecurity experience. He was also the past CPO of Bindez Myanmar.

Ministry of Education, Myanmar - serving as the only job portal for students listed on the Ministry of Education home page to provide internship and graduate job opportunities

University of Foreign Languages Yangon - providing local and international job opportunities for their students

Singapore Myanmar Vocational Training Institute - providing local and international job opportunities for their students

Dubai World Expo 2020 - being selected and funded by them with the potential to be shown case at the World Expo next year, which is expecting 25 million visitors

Ongo Myanmar - our e-wallet partner to transfer and remit money quickly

In addition to job matching fees from subscription and transaction, other revenue streams we are actively pursuing include i) payroll outsourcing for small and medium enterprises, ii) additional staff management functions such as roster management through our existing platform for shift-based employers and iii) earned wage access financing. Future revenue from financial products such as insurance or remittance would be introduced in due course. 

JOBDOH measures its impact in new employment opportunities generated, improved income and a reduced need to borrow externally.

JOBDOH marketplace currently already offers employment in minutes using AI matching hence reducing the need to travel for interviews.  So far we have nearly 200K workers on the platform in HK alone. We estimated a 12% increase in income as a result of using our portal. In our test result, we estimated between 30-50% of workers needing our Earned Wage Early Access portal.

Going forward, we continue to see a big issue with college/ vocational school students' workforce readiness.  Hence we are getting more students to use JOBDOH to attain internship opportunities, which are currently not systematically available. Also due to the high unbanked population in Southeast Asia workers can use our platform as a way to receive, save and transfer cash faster. We target a 30% increase in better job placement and a 20% drop in external borrowing cost.

Our system also identifies and closes the skill gap and increase workers’ chances in getting better job opportunities while offering education loans.

In addition to job matching fees from subscription and transaction, other revenue streams we are actively pursuing include i) payroll outsourcing for small and medium enterprises, ii) additional staff management functions such as roster management through our existing platform for shift-based employers and iii) earned wage access financing. Future revenue from financial products such as insurance or remittance are under consideration and would be introduced in due course. Licensing and white-labelling are also considered.

JOBDOH is approaching profitability.

Since launch, JOBDOH has become the leading player of on-demand and temporary job matching platform with the highest app download number and nearly 200K users in Hong Kong alone.

Being selected as a Solver will help advance our plans to increase our reach and sales by:

1. Bringing in funding:

- Hiring three community builders to liaise with schools, employers, government and NGOs

- Hiring two marketing to run SEO/ content campaign to the student population in Myanmar

- Hiring three business development executives to target employers

- Hiring five specialists to improve user experience, algorithm and technological development of product 

- Upgrading server cost as a result of new offerings and increased user base

2. Knowledge sharing - we'd like to learn from other impact-driven HR/ fintech through MIT, particularly in the area of financial inclusion or financial literacy. 

3. Brand building - getting into this program will enhance our credibility.

4. Networking - fostering international client acquisition and partnership opportunities. 

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• Large employers needing to hire a large volume of shift-based workers, typically in front-line or less skilled roles => They’d be potential client partners

• Credit agencies interested to develop a better credit scoring system for the unbanked => They’d be potential data supplier for improving our AI algorithm on credit scoring

• Education institutes focused in providing virtual tuition for low income earners => They’d be a potential vendor or education provider partner for our users

JOBDOH marketplace, an award winning smart-hiring platform that connects employers with curated workers in critical time frame. Using AI, our platform is 95X faster than the market average in fulfilling jobs, setting a record from job posting to arrival to under 30 minutes. Our system reduces the need of our 200K users to travel to interviews, thus saving the workers' time and money.

The prize would help us further develop the following:

1. A more accurate and comprehensive matching algorithm.  Our objective is to match workers to suitable jobs based on a combination of their potential (forward looking) and their history rather than their history alone.  Currently we do so by using criteria such as workers’ psychometric qualities, socioeconomic needs, user behaviour on our app, pre-set interview questions, post-job ratings, presentation (gauged by uploading their own videos) etc..  These factors can override the importance of traditional criteria such as education or direct work experience, thus giving more opportunities to those who do not normally “fit the specs.” We’d need to continuously improve the algorithm to better predict a worker's potential.

2. A relevant credit profile for the unbanked.  Since JOBDOH has information on our workers’ employment, wages and potentially savings and expenditure habits via our e-wallet partners, we’d like to develop credit scores for them, who are typically unbanked.  The prize would help us build the technology and link the right partners to better improve our models.

3. A recommendation engine for upskilling to close the gap between academic achievement and workforce readiness. 

JOBDOH started four years ago to maximize job opportunities using technology for the underprivileged.  As time passes, we see that purely providing job opportunities is not enough to ensure financial sustainability so we developed a TOTAL JOB APPROACH, building a solution on three pillars - job matching, upskilling and financing.  Targeting them allows JOBDOH to better provide upward mobility for the underprivileged. Our job marketplace already has nearly 200K user. The GM Prize on Community-Driven Innovation could help us foster growth in all of our pillars.

Job matching - JOBDOH marketplace, which is an award winning smart-hiring platform that connects employers with curated workers in critical time frame.  Our platform is 95X faster than the market average in fulfilling jobs, setting a record from job posting to arrival to under 30 minutes. Our system reduces the need to travel to interviews, thus saving the workers' time and money. 

Upskilling - Our system identifies the skill gap between the workers' desired jobs and their current competencies thus recommending certification programs they should undertake to close the skill gap and increase their chances in getting their desired job opportunities.  We also offer education loans in this process.

Access to financial services - Typically these workers have more short term financing needs between pay-checks yet they lack financing access from banks. Their option is to go to high interest rate loan sharks or consumer lending companies.  JOBDOH's Earned Wage Access portal enables them to access their earned income as soon as they finish work.

JOBDOH started four years ago to maximize job opportunities using technology for the underprivileged.  As time passes, we see that purely providing job opportunities is not enough to ensure financial sustainability so we developed a TOTAL JOB APPROACH, building a solution on three pillars - job matching, upskilling and financing.  By focusing on all three aspects, JOBDOH is better able to provide upward mobility for the underprivileged. Our job marketplace already has a nearly 200K user, of which about 70% are women.  

As we expand into Southeast Asia and started working in the manufacturing sector, the proportion of women increases to roughly 93%, many of whom were sent away from home to support their family expenditure (including paying for their brothers’ tuition.)    

The Innovation for Women Prize could help us improve women’s upward mobility via two of our pillars.

Upskilling - Our system identifies the skill gap between the workers' desired jobs and their current competencies thus recommending certification programs they should undertake to close the skill gap and increase their chances in getting their desired job opportunities.  We also offer education loans in this process.

Access to financial services and financial literacy training - Typically workers have more short term financing needs between pay-checks yet they lack financing access from banks. Their option is to go to high interest rate lenders, thus incurring more debt.  JOBDOH's Earned Wage Access portal enables them to access their earned income as soon as they finish work.

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JOBDOH marketplace, an award winning smart-hiring platform that connects employers with curated workers in critical time frame. Using AI, our platform is 95X faster than the market average in fulfilling jobs, setting a record from job posting to arrival to under 30 minutes. Our system reduces the need of our 200K users to travel to interviews, thus saving the workers' time and money.

The prize would help us further develop the following:

1. A more accurate and comprehensive matching algorithm.  Our objective is to match workers to suitable jobs based on a combination of their potential (forward looking) and their history rather than their history alone.  Currently we do so by using criteria such as workers’ psychometric qualities, socioeconomic needs, user behaviour on our app, pre-set interview questions, post-job ratings, presentation (gauged by uploading their own videos) etc..  These factors can override the importance of traditional criteria such as education or direct work experience, thus giving more opportunities to those who do not normally “fit the specs.” We’d need to continuously improve the algorithm to better predict a worker's potential.

2. A relevant credit profile for the unbanked.  Since JOBDOH has information on our workers’ employment, wages and potentially savings and expenditure habits via our e-wallet partners, we’d like to develop credit scores for them, who are typically unbanked.  The prize would help us build the technology and link the right partners to better improve our models.

3. A recommendation engine for upskilling to close the gap between academic achievement and workforce readiness. 

JOBDOH marketplace, an award winning smart-hiring platform that connects employers with curated workers in critical time frame. Using AI, our platform is 95X faster than the market average in fulfilling jobs, setting a record from job posting to arrival to under 30 minutes. Our system reduces the need of our 200K users to travel to interviews, thus saving the workers' time and money.

The prize would help us further develop the following:

1. A more accurate and comprehensive matching algorithm.  Our objective is to match workers to suitable jobs based on a combination of their potential (forward looking) and their history rather than their history alone.  Currently we do so by using criteria such as workers’ psychometric qualities, socioeconomic needs, user behaviour on our app, pre-set interview questions, post-job ratings, presentation (gauged by uploading their own videos) etc..  These factors can override the importance of traditional criteria such as education or direct work experience, thus giving more opportunities to those who do not normally “fit the specs.” We’d need to continuously improve the algorithm to better predict a worker's potential.

2. A relevant credit profile for the unbanked.  Since JOBDOH has information on our workers’ employment, wages and potentially savings and expenditure habits via our e-wallet partners, we’d like to develop credit scores for them, who are typically unbanked.  The prize would help us build the technology and link the right partners to better improve our models.

3. A recommendation engine for upskilling to close the gap between academic achievement and workforce readiness. 

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