HyperTrack 2024 in Review

Jared McGriff -

In 2024 we noticed a continued trend in hiring contingent workers with the help of shift work marketplaces.  These marketplaces address a significant portion of the labor market, especially the healthcare, light industrial, and hospitality industries.

As varied as these industries are, they have a common cause in ensuring management and operations teams have the necessary tools to plan and verify work, visualize work being done in real time, and automate tasks where possible.

Watch the video for a quick review of last year’s highlights and our thoughts around shift work in 2025.

Contingent Workers Generate $1.4 Trillion in Revenue

According to Staffing Industry Analysts (SIA), contingent workers made up 11% of the US workforce in 2023, generating over $1.4 trillion in revenue.

HyperTrack Powers 5% of US Gig Workers

Shift work marketplaces across the country are increasingly adopting HyperTrack's location intelligence to power mobile apps for workers in healthcare, light industrial, hospitality, and retail sectors.

Key Metrics

  • 22.4M registered devices globally
  • 300% increase in shifts validated
  • 60% reduction in no-shows
  • 95%+ fill rate achievement for companies

Shift Work Summit Highlights

The 2024 Shift Work Summit brought together 100 ecosystem tech leaders, featuring 9 sessions and case studies. The summit featured Jarah Euston, Co-founder and CEO of WorkWhile, who led the keynote, The Flex Work Revolution: 2024 and Beyond.

From discussing the factors driving the growth of flex work, to learning about the power of embedded payments, Shift Work Summit showcased the solutions that product teams implement to manage core time and attendance issues to reduce no-shows and improve fill rates.

Looking Ahead to 2025

HyperTrack provides location intelligence for shift validation, validating over 1 million shifts every month for leading staffing marketplaces. Looking ahead to 2025, we expect more growth and focus on helping shift work marketplaces ensure that every shift is successful.

  • Projected 300% growth in validated shifts
  • Continued improvements in reducing no-shows and increasing fill rates
  • Introduction of AI agent for Shift Work Operations

For more information on how HyperTrack helps you manage no-shows, automate the backfill process and assist with fast payments for shift workers, schedule a briefing here: https://hypertrack.com/contact.