Syrg — Future Employee Relationship Management (FERM) Solution

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

Bram Berkowitz
Storied

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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…

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Bram Berkowitz
Storied

Writing about banks, stocks, and startups. Frequently published in The Motley Fool and Rhode Island Inno. Co-founder of The Buzz.