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The Meritocratic Advantage of Veryable

By
Matt Morgan
August 1, 2023
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In the realm of business, evaluating different paths of opportunity involves an assessment of risk versus the value proposition. When the potential returns far outweigh the risks, the decision becomes easy. For manufacturers and distributors seeking streamlined workforce solutions, this process is no exception. The question arises: "How can my business optimize its operational efficiency and maximize returns?" Enter Veryable, an innovative platform that redefines operational efficiency, transcending the limitations of traditional staffing firms.

In the past, companies faced a binary choice between workforce growth and outsourcing. However, Veryable shatters this paradigm, offering a revolutionary approach that enables companies to achieve both simultaneously. Leveraging our advanced labor technology, businesses can expand their workforce while seamlessly embracing outsourcing.

Now, after surely capturing your interest, let's explore one of the many ways Veryable brings value to its business partners -- through the meritocracy embodied in our marketplace. We deeply understand the importance of trust and peace of mind when it comes to accepting Operators (independent contractors using our platform) to fill labor needs. This is where our meritocratic marketplace steps in. Let's delve into the details.

An Explanation of Meritocracy & How Veryable Incorporates It

Merriam-Webster defines a meritocracy as "a system in which the talented are chosen and moved ahead on the basis of their achievement." This concept does away with the idea that those who have served the longest or simply have the most years of experience are at the top. Simply put, you'll be judged on effort, safety, and performance. This type of culture increases opportunities and fairness -- all while rewarding those who work hard and do a great job.

 The Veryable platform offers a captivating meritocratic system, where industrious and dedicated Operators are rewarded with higher ratings, leading to increased work opportunities ("Ops"). As the saying goes, the cream always rises to the top, and this principle holds true on our platform as well. The earning potential of an Operator is directly linked to the quality of their work. Those who consistently exhibit dedication and professionalism in delivering exceptional service garner 4 and 5-star ratings, which ensures a continuous stream of work from various businesses. Conversely, Operators with subpar performance will have their ratings affected, potentially limiting their chances of being accepted for future Ops.

Operator Rating System and Selecting the Best Fit

The rating system is a powerful tool that offers transparency and accountability. Businesses rate Operators based on safety, proficiency, attitude, and timeliness after each OP, culminating in a dynamic reliability rating for each Operator. This rating system equips businesses with valuable insights into the reliability of Operators and motivates workers to perform excellently and prioritize safety. One of the most significant advantages of Veryable's meritocratic marketplace is the ability for businesses to make informed decisions when accepting Operators. Instead of relying solely on resumes, which can be selectively crafted by applicants, businesses can now access genuine reviews from other companies that have worked with a particular Operator. These reviews offer an accurate and unbiased reflection of an Operator's work history, allowing businesses to identify workers with outstanding safety records and high-reliability ratings.

Veryable Meritocratic System Vs. Traditional Staffing Firm Egalitarian Approach

When businesses contemplate hiring outside workers, they often experience risk anxiety. Some of these apprehensions may revolve around questions such as "What if the worker's performance is subpar?" or "What if the worker poses a safety risk?" These concerns are not entirely unfounded, as businesses are all too familiar with staffing agencies providing them with numerous unfamiliar and untested individuals. These temporary workers lack incentives to excel in their roles because the staffing system is not based on merit; instead, it follows an egalitarian model that grants equal opportunities without considering individual performance. Consequently, this egalitarian approach discourages hard work and fails to incentivize employees to perform at their best.

 On the other hand, Veryable's platform follows a highly effective merit-based system, which stands in stark contrast to the staffing firm's egalitarian model. Veryable's system relies on a vast marketplace of Operator ratings, reflecting thousands of past behaviors (i.e., past behavior is the best predictor of future behavior). This ensures the availability of proven, reliable Operators, eliminating the uncertainties associated with hiring from traditional staffing agencies. By using this meritocratic approach, Veryable provides a superior solution that incentivizes workers to excel by rewarding individual performance.

A great example of this Meritocratic system in action is with Shane Morgan, a Veryable operator whose remarkable accomplishments earned him the honor of throwing out the first pitch at the Rangers vs. Braves game in May. From the moment he joined the platform, his dedication, professionalism, and unwavering commitment to excellence have set him apart. Shane's 5-star rating through 792 completed ops and flawless reliability score serves as a reminder that hard work, professionalism, and commitment to excellence can lead to remarkable opportunities and recognition. As the Veryable platform continues to thrive, operators like Shane Morgan redefine the meaning of success and inspire others to reach new heights.

Click here to read the rest of Shane's story.  

Conclusion

Veryable's meritocratic approach to workforce solutions has redefined the landscape for manufacturers and distributors seeking streamlined efficiency. By embracing a culture that rewards talent and dedication, Veryable empowers both businesses and Operators to reach new heights of success. With its rating system providing transparency and credibility, the platform ensures that businesses can confidently select top-tier Operators for their workforce needs. As companies continue to explore opportunities for growth and outsourcing, Veryable stands as a beacon of innovation, guiding them towards a future of unparalleled operational excellence and success.

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Matt Morgan

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