Worcato



Description
WORCATO "workforce mercato" the world's first market platform for global workforce exchange between employers. Is a digital platform that provides solutions to address layoffs issue. A counter-seasonal employer workforce exchange that allows any company and its partner companies to retain their well-trained workforce and avoid seasonal and non-seasonal layoffs by exchanging employees during times of lower demand. also represents a link for the exchange of experiences within the same business community to create opportunities for strengthening the culture of professional competition.

The platform is hosted on the web at www.worcato.com with a mobile app to be released in the near future according to the project milestones.

The business is structured as an " LLC " Limited liability company (locally known as SARL), operating under the entrepreneur Aya Zineb, who specializes and is experienced in business administration.

Considering to the facilities provided in the sector under the supervision of the Algerian Ministry of Trade, we chose Algeria as a location to establish our business, providing high visibility and a large flow of customers (The Africa's gateway to the global market, especially the Arab region and Europe), and will be launched on 10 October 2022 as planned.

Worcato defines its target market as global workforce including employers and employees as well as the talented and experienced unemployed ages 18–60 interested in working.
Our vision is to retain a professional and sustainable workforce, which is the purpose of designing "Worcato" to address the problem of layoffs that companies resort to during times of lower demand or when the needs of the business and its financial health dictate.
The focus is to meet or exceed the customer's expectations for an exceptional service wholeheartedly. Thus, we will be able to maintain and increase the level of customer satisfaction, as a strong foundation for future growth.

Sustainable Development Goals


8. Decent Work and economic growth

A recent poll of 114 human resources and business professionals conducted by the Guelph Chamber of Commerce, reveals that rise in layoffs points to slowing economic growth. However layoffs have become the most popular management tool used by businesses to cut costs and restructure the organization. To highlight the problem with an example in tech industry. A total of 20,009 tech workers were laid off between May and June 2022 by global technology companies that are grappling with the ongoing economic meltdown. Layoffs tend to increase employees’ levels of stress, burnout, and insecurity and to decrease morale, job satisfaction, trust and diminished willingness of employees to help one another, and poorer job and company performance. Through a series of creative brainstorming ideas, the concept of the Employee Exchange Program was born. That makes any company keeps its skilled workers long-term, the employees avoid the stress and upheaval of layoffs, and partnering businesses experience the same benefits at their companies. A positive return on the economy of countries in controlling the scourge of layoffs.

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Members
1
Technologies
Web or Mobile Application
Product Type - System
B2C Services
Sector
Human resources management
Other - specify
PAAS
Belongs to a competition
Prometheus International Startup Competition 2022
Thematic Area
Digital Transformation
Categories
Category C - Citizens of the European Union