Gig Economy

A gig economy is a free market system in which temporary positions are common and organizations contract with independent workers for short-term engagements. The term "gig" is a slang word meaning "a job for a specified period of time" and is typically used in referring to musicians. Temporary work or temporary employment refers to an employment situation where the working arrangement is limited to a certain period of time based on the needs of the employing organization.

(source: whatis.techtarget.com)

Gig Economy
The Restaurant As The Coworking Space
July 05, 2018

Restaurants and bars are often bustling with visitors at night, but these spaces can sit latent and underused during the day while consumers are at work. But by welcoming in gig economy and remote workers, owners of food and beverage venues can bring in foot...

Gig Economy
Looking Past The Assumptions Of Gig Work
June 29, 2018

It’s the standard complaint of people when they get old. Those youngsters are just so darn lazy, unwilling to make their way in the world by working double shifts or taking on weekend jobs as their forefathers did when they built this nation with their...

Gig Economy
JetSmarter’s Play To Democratize Private Air Travel
June 29, 2018

With ridesharing platforms, people can hail a ride anytime, anywhere, capitalizing on vehicles and drivers that are already in the system. In the case of uberPOOL or Lyft Line, they can capitalize on extra seats available in rides that are already in progress. With home...

Gig Economy
How Payments Can Keep Gig Workers Sticky
June 26, 2018

Even in the digital payments world (and as more people travel more often, sometimes working freelance gigs along their journeys), the concept of home remains strong. That is providing opportunity to firms that facilitate temporary work and its wages. Get the Full Story Complete the form...

Gig Economy
For True Story On The Gig Economy, Details, Along With Data, Matter
June 08, 2018

Dueling headlines show that when it comes to the gig economy, differing data tell different stories. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Gig Economy
How Will Insurance Work In The Sharing Economy?
June 08, 2018

You never know when those Airbnb guests — didn’t they look so innocent on Facebook? — will leave behind a broken TV, whiskey bottles and an unmade bed — or when that rideshare driver will need extra protection against all those risks on the road. Get...

Gig Economy
Subpoenas Start To Fly In Wake Of Gig Economy Ruling
May 31, 2018

And here come the subpoenas …. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...

Gig Economy
PEX CEO: Why Gig Workers Need Spend Management Tools
May 29, 2018

If you really know the music industry, you know that many tour managers and accountants are barely a half-step removed from the glory days of the abacus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Gig Economy
Freelancer.com And Escrow.com Aim To Ease Gig Workers’ Financial Woes
May 18, 2018

Payment frictions are rife in the global gig economy. For example, clients might be reluctant to wire funds internationally, forcing freelancers to endure lengthy waiting periods for their earnings. Digital escrow services could alleviate some of these common payment pain points. PYMNTS recently spoke with...