Shiftbay ™
online reverse auction technology is configured to support dynamic
bidding or self-scheduling. With dynamic bidding, openings
are assigned a maximum pay rate and a bidding time period and then
assigned a Reverse Auction bid format. Contracted
individuals or staffing agencies can bid on the open shift anytime
during the bidding period. Once bidding closes, the lowest
bidder is available to the staffing manager who assigns the shift.
With self-scheduling, openings are posted with a Fixed
bid where users sign up for a fixed per hour rate.
Qualified bidders request to fill the position on a first-come-first-serve
basis. The staffing manager assigns the shift. A second
approach to self-scheduling is a Best bid
where a user submits a one-time lowest bid. This approach
is best for short auctions.
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