Upshift

Overview

Upshift is a labor marketplace operating primarily in the United States, focusing on providing insights into wage trends across various industries. Established in 2016, the company has developed a series of wage reports that analyze average hourly wages in sectors such as food service, hospitality, and corporate services. These reports aim to inform employers about competitive wage rates and hiring trends, facilitating better decision-making in talent acquisition and retention. Upshift's data is collected in partnership with various stakeholders and highlights the dynamics of the employment market, including shifts in wage growth and employment patterns post-pandemic. The company emphasizes the importance of transparency in wage setting, which can enhance worker satisfaction and help employers manage labor costs effectively. With a workforce of 201-500 employees and a revenue of approximately $75 million, Upshift continues to adapt to changing economic conditions, providing valuable resources for navigating the evolving labor landscape.

Industry