Assured Labor seeks to improve the lives of workers in developing countries by using mobile phones to match dependable workers with honest employers.
By the end of 2009 over 4 billion people will have a cell phone yet only 1.25 billion people have access to the internet. Furthermore, over 280 million workers in developing countries are acquiring mobile phones for the first time each year. Unfortunately, many of these workers are unemployed, underemployed or working in unsafe conditions.
Assured labor increases labor market efficiency by rapidly connecting workers and employers over our mobile and web platform. Assured Labor also increases labor market transparency by motivating workers and employers to rate each other after every job is done, enabling workers to find more/better opportunities and for employers to find more/better workers for their jobs.
Increased efficiency results in more days worked, greater earnings and the ability to better support individuals and families. Increased transparency results in fair remuneration, decent working conditions, non-discrimination and improved worker rights and protections.
Assured Labors estimates its addressable market is currently 580 million low-wage workers with mobile phones in India, China, Brazil and Africa. This number is expected to increase to 800 million workers by 2010 due to the rapid growth of mobile phones.
David Reich, MIT Sloan
Sidd Goyal, M.Eng. CS from MIT
Ximena Fernandez Ordonez, MPA at the Harvard Kennedy School of Government
Joseph Bamber, MIT Sloan
Matt Albrecht, MIT Sloan
Joe Bondi, Northeastern Alum
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