Provo company takes cue from Uber, Lyft to improve hiring
Provo company Bacon (yup, Bacon) is looking to make it easier for employers to hire new employees by implementing a strategy similar the one used to get a quick ride somewhere.
The Bacon Worker On-Demand App lets employers select and hire qualified worked in moments, and also allows job seekers to pick and choose shifts.
“Businesses always need great people,” Hunter Sebresos, Bacon CEO, said. “On the flip side, lots of people have extra time and could use some extra cash.”
The app connects people with hourly jobs. Potential employees can search for work in their area and apply, while employers post shifts, pay and requirements and then choose the person best suited for the job. After the job is over, employees can rate the employers and vice versa.
Inspiration for the app came when Sebresos thought about people willing to work non-traditional shifts outside of a traditional workplace. Single parents, veterans and retirees were some of the people he thought about.
In less than a year, the company has attracted over 3,000 pre-qualified employees and is adding around another thousand each month. The company also can conduct quick background checks on applicants.
Currently the app works in Utah and Texas, also servicing California and Arizona. It’s being used by over 50 companies, including Hogle Zoo, Alphagraphics, Utah Valley Convention Center, e-commerce company First Mile, as well as retailers, restaurants, catering and events companies, according to a press release.
”Never be jobless” is the company’s motto. Learn more by visiting https://www.bacon.work.
Utah Economic Summit awards business of the year and more
At the 2019 Utah Economic Summit held last week, Gov. Gary R. Herbert recognized individuals and companies who have made significant contributions to Utah’s economic development, local communities and industry. Recipients of the awards live and work full-time in Utah and have supported the local economy for a decade or more.
Crystal Call Maggelet, CEO of FJ Management Inc., received the “Businessperson of the Year” award. FJ Management is a “diversified family business” that includes brands like Maverik, Big West Oil, Pilot Flying J, TAB Bank and Crystal Inn. Maggelet also serves on the Utah State University Board of Trustees, Intermountain Healthcare Board, Savage Services Board, and the Zions Bank Advisory Board. Maggelet also manages the family’s charitable giving through the FJM Impact Fund, focused on scholarships for education.
Pluralsight was awarded the “Business of the Year,” for “noteworthy accomplishments and serving as an economic trendsetter and leader.” The company works to help businesses and individuals close technology skills gaps in critical areas, innovate faster and meet core objectives.
The International Business of the Year was Qualtrics, which memorably was sold last year for $8 billion. The award is described as being given to a Utah business that “delivers products or services to the global marketplace and elevates Utah’s status as a global hub for business and innovation.” The Qualtrics platform allows organizations, departments and teams to manage four business aspects, customer, product, employee and brand.
CBRE combines data sets for Salt Lake, Utah counties
CBRE announced Wednesday it has made a critical adjustment to their quarterly office MarketView reports. From this point forward, the company will combine the data sets for both Salt Lake and Utah counties in their reports, in an effort to more accurately track commercial office activity and trends, since the population and business of centers of the two counties often overlaps, according to a press release.
“It is important that our data is an accurate reflection of current market activity, and we believe this updated method of reporting will improve our ability to inform and assist our clients and community partners,” Nadia Letey, first vice president, said. “A total of 86% of this quarter’s deliveries and 83% of the current construction is located in the Tech Corridor, which encompasses the Sandy South Towne, Draper and Utah County North submarkets. Activity near the Point of the Mountain represents a large percentage of office demand and is a major factor in our office’s decision to aggregate data from the two counties in our regularly published market overviews.”
As for the two markets, they continue to perform well, according to CBRE.
The Salt Lake City-Provo office market has a slow start to the year and will likely not keep pace with last year, although there is still a lot of construction and large tenant commitments that will continue throughout the year. Currently, there is 2.4 million square feet of office construction underway and vacancy remained low at 10.9% market-wide.
New industrial leasing totaled 1.2 million square feet for the entire market in the first quarter, with construction activity at the end of it totaling 4.6 million square feet. Even with the new space steadily coming into the market, availability and vacancy decreased, ending the quarter at 3.2% this year, compared to 4.2% last year.
“Utah’s diverse economy has been instrumental in attracting a growing presence of national and global companies to the area, which has assisted with the robust growth taking place in recent years. It’s important to note, however, that there are a great deal of Utah companies that are extremely active in the market as well,” Matt McAfee, senior associate, said. “This combination of high demand and low availability has also contributed to a 9% increase in lease rates over last year, though some of this increase can also be attributed to increasing construction costs.”