Senior Living Innovation Forum: Lessons from the Gig Economy

The ever-expanding "gig economy" is having an impact across all industries, even usually slow-to-adapt senior housing, where shifts often go unfilled and finding qualified employees (skilled and unskilled) is always cited as a top challenge.

“According to (non-profit) PHI, there will be nearly five million unfilled caregiver jobs by 2028. Caregiving is emotionally and physically demanding and the average caregiver attrition across the industry is 82%. Given the high demand for this workforce in other industries, caregiver recruiting” is a big challenge, says Seth Sternberg, CEO of Honor. Founded in 2014, Honor incorporates tech to help consolidate options for the fragmented $30 billion home health care industry.

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