Allowing F500 corporations and franchisees to quickly hire new hourly workers from untapped applicant pools and reduced turnover

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The Problem

Hourly workplaces have notoriously high turnover rates, which for quick service restaurants is around 132% per year, according to Quick Service Magazine. Hourly employers are therefore constantly hiring new people and spending thousands of dollars to train them, only to see their employees leave a few weeks or months later. This has been a problem for decades, but fear of infection by COVID-19 and high unemployment benefits has only made things harder, even as unemployment rates rise.

What The Company Does

Syrg helps hourly employers get ahead of their hiring needs and stabilize their workforces. They do that by creating engaged, personalized, and growing talent communities for each customer, getting customers great hires today and a place to easily source from in the future. Talent communities consist of customers’ best former, seasonal, and student employees, as well as past applicants and referrals, and receive regular updates ranging from open opportunities to exit and insight surveys. The results are simple: customers no longer need to scramble for hires every time someone leaves and instead can focus on growing their business for the long-haul. …


Digital technologies that help enhance individual personal mental wellness

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The Problem

Burnout affects over 21.5M U.S. healthcare professionals with one out of two physicians experiencing burnout. It directly impacts quality of patient care, leading to an increase in patient mortality rates and clinical malpractice suits. It also causes provider turnover, costing healthcare institutions an estimated $500,000 to $2 million per provider. Current support programs have failed to address this unmet need due to their in-person nature, lack of confidentiality, and absence of peer support.

What The Company Does

Cress Health offers providers a novel chat-based peer support option called the Cress App that is convenient, confidential, and personalized. Support communities are generated through a proprietary matching algorithm, which creates safe, anonymous group chats that consist of specialty-specific peers. The platform also offers a personal journaling feature that allows for tracking of daily emotional/mental states. …


An online platform that gives people the ability to create, customize, and monetize their own exclusive poker rooms

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The Problem

The online poker industry is strange because the size of its market depends on how good users are at playing poker. In the early 2000s, online poker experienced the “moneymaker poker boom.” During this period, millions of recreational players flooded the market. Importantly, this influx of recreational players was a self-fulfilling prophecy. …

About

Bram Berkowitz

Full-time journalist and Content Strategy Lead at GoingVC writing about business, the economy, startup culture movies, sports and much more.

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