September 30, 2024 | About Us, Features
where have all the contractors gone?
Table of Content
Contractors have always been tough to find… but COVID really put a magnifying glass to the issue. As we stayed home and dreamed of a cozier house, perhaps with better sound proofing for that newly necessary home office, we all wanted SOMETHING done to our little slice of paradise. Yet, wait times were months out and getting quotes was nearly impossible. It makes you wonder… where have all the contractors gone? The answer is simple, and helps to frame how pigybak can help holistically.
1. Shifting preference to white collar – 4 year degrees are now the norm. According to NPR, applications to trades by young people dropped 49% between 2020 and 2022.
pigybak donates 5% of revenue to non-profit partners in supporting trades through scholarships, apprenticeships, and more
2. Aging work force – the average age of a contractor in the US is 46, and with less Gen-Z looking to the trades, people are aging out faster than they can be replaced, shrinking the total contractor pool.
pigybak helps grow the pool by making it easier to operate the business side – appointment management, optimizing routes, billing, finding reliable customers
3. Lack of diversity – the US is becoming increasingly diverse, yet over 70% of contractors are still white males.
Diverse businesses are highlighted in pigybak, with badges displaying being woman-owned or minority-owned in-app. By creating an environment where diversity is celebrated, we hope to help underrepresented groups feel welcomed in the trades and see it as an opportunity to thrive as an entrepreneur or employee.
So, we can see how pigybak is aiming to get to the root of contractor scarcity in the long term. In the short term, just like we’ve heard in supply chain for the past 3 years, it’s all about optimization. pigybak is founded on getting people to you while they’re close by, saving commute times and driving efficiency. While we can’t get another 50 new contractors in your town in the next year, we can make those 50 or so already there armed with the tools to reach twice as many homeowners at a time while in an area, and add a bunch of perks along the way – saving money, helping the environment, finding recommended and trusted people by people you know.
If you want to learn more about pigybak and provide feedback as an early user, please sign up using the form below.
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