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Indigenous operator targets 1 million employees for job creation

By Adeyemi Adepetun
10 November 2021   |   2:42 am
An application from the stable of an indigenous fintech player, Servo Savvy, is targeting transiting over one million employees into employers of Labour in the country.

An application from the stable of an indigenous fintech player, Servo Savvy, is targeting transiting over one million employees into employers of Labour in the country.
 
Named BipEDGE, the app, which was unveiled in Lagos, hopes to help employees move successfully from paid employment into self-employment.

 
BipEDGE, which can be downloaded from the Google Play Store, for now, runs on dual Fintech and Edutech platforms, and it is available as a user-focused, mobile-friendly application, giving each user the map, the tools and the support needed to make that critical transition from being an employee to becoming an employer of labour.
  
Analysing the rationale behind the creation, the Founder and Managing Director of Servo Savvy, Timothy Ikhide, said BipEDGE has come to make transiting from paid to self-employment not only possible but easier, stressing that three out of every five employees today are interested in leaving employment but cannot except by force, “BipEDGE has come to give the employee the power to choose to either leave or stay in paid employment.”
  
Ikhide listed four key features about BipEDGE that could transform the workplace and create successful self-employed workers who would become future job creators. The key features include transitional roadmap, savings opportunity, transitional training and consultant engagement.
  
Giving full details of the key features, Ikhide said BipEDGE would give that hand-holding, needed to make a smooth, successful transition into self-employment; a roadmap that makes planning your transition easier; access to saving specifically for business start-up; the training, direction, guidance and tools needed to make that successful transition and a safe and smooth in-app transaction and interaction, among others.
  
Co-founder and Director, Marketing and Communication, Ubong Ibanga, described the app as a timely entry for retirees, employees and all who want to move into paid employment, with the growing focus on entrepreneurship all over the world and in Nigeria specifically.

Ibanga posited that BipEDGE will give a major boost and increase entrepreneurship development, considering that SMEs have been contributing 48 per cent of the Nigerian GDP for the past five years, “according to the National Bureau of Statistics (NBS). A recent PWC SME survey, also reports that SMEs account for 96 per cent of businesses and 84 per cent of employment in Nigeria. This means that BipEDGE will be a major boost to increase the positive impact of entrepreneurship and SMES in Nigeria and across Africa.”
 
According to Ibanga, employees who plan to retire soon could have this platform very useful. They could take this opportunity to deal with those fears stopping them from moving into self-employment.
 
“For employees who have found it difficult to start their own business to the point where they can actually be paid the same, they can kiss that difficulty goodbye, by downloading the BipEDGE to begin a successful transition journey,” Ibanga said.

 

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