The pandemic has altered every aspect of our lives, but one profound shift has been in the workforce. “The Great Resignation” highlighted a fundamental truth: workers yearn for appreciation, respect, and proper compensation. In the hospitality and restaurant sectors, this realization is especially crucial, as employee turnover can reach a staggering average of 30%. Enter Landed, a trailblazing company focused on addressing these challenges with its innovative end-to-end recruitment matching tool.
Understanding the Impact of Employee Turnover
High employee turnover isn’t just an inconvenience—it can destabilize entire organizations. Long training periods are wasted as new hires come and go, negatively impacting the customer experience and company culture. Understanding this dynamic, Landed has jumped in to alleviate the burden of recruiting in these demanding fields.
Landed: A Revolutionary Approach to Recruitment
Founded in March 2020 by Vivian Wang, Landed positions itself as the first of its kind: a comprehensive recruitment engine tailored for the restaurant and hospitality industries. Leveraging cutting-edge matching and conversational AI technology, Landed connects employees with employers by analyzing custom criteria and over 50 unique data points. Here’s how it works:
- Candidate Profile Creation: Job seekers can download the free Landed Jobs app and create a profile that transcends ordinary text-based resumes. Workers can record video snippets showcasing their personality, providing a more engaging way to present themselves to potential employers.
- Tailored Employer Portal: Employers access a dedicated Landed portal where they input their hiring goals and criteria, streamlining the recruitment process.
- AI-Powered Matching: The technology filters and matches employers with well-suited candidates, drastically reducing the recruitment workload and improving overall hiring accuracy by 3.5 times.
A Focus on Empowerment
Wang’s mission extends beyond merely filling positions. After observing her parents’ journey and the challenges faced by blue-collar workers, she is committed to creating long-term opportunities for employees. This vision includes future financial products and educational programs designed to provide workers with upskilling options, such as certification and training, to help them advance in their careers. With 78% of blue-collar workers living paycheck-to-paycheck, such initiatives are crucial for breaking the cycle of financial instability.
Growth and Future Aspirations
With a meteoric revenue growth of 20 times in 2021, Landed isn’t resting on its laurels. In a recent funding round, the company raised $7 million, backed by prominent investors like Javelin Venture Partners and Blockchain Capital. With plans to explore crypto technologies and scalable marketplace solutions, Landed is poised to revolutionize the hiring landscape further, particularly for the estimated 90 million blue-collar workers in the U.S.
Conclusion: The Future of Hospitality Recruitment
In an industry that has long been challenged by high employee turnover, Landed’s end-to-end recruitment tool offers a glimmer of hope. By effectively connecting workers and employers through innovative technology, the company is not merely addressing hiring needs but is actively reshaping the way workers engage with the hospitality industry. This transformational approach aligns workforce management with a broader objective of empowering workers, making it a potential game-changer in the sector.
At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations. For more insights, updates, or to collaborate on AI development projects, stay connected with fxis.ai.
