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
Payment Issues Take Center Stage In The Gig Economy
May 17, 2018

It’s being treated as victory — perhaps a mild one, but still a win — for workers in the so-called gig economy: A recent ruling from the California Supreme Court makes it more difficult to classify people as independent contractors instead of employees. The decision...

Gig Economy
NEW REPORT: Understanding The Long Tail Of The Gig Economy
May 17, 2018

Why the Gig Economy is Growing – and What’s Holding It Back 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...

Gig Economy
ADP’s Wisely Pay Bids To Smarten And Speed Up Gig Economy Payments
May 14, 2018

Can a shift in demographics lead to ripple effects – and maybe even a sea change – in the way gig economy workers get paid? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Gig Economy
Fiverr Launches Program To Make Cities ‘Gig Worker Friendly’
May 09, 2018

The gig life isn’t just for Uber drivers. And it’s not just about that much-reported millennial “side hustle” either. “Gig” is really just a new word for “freelance,” and that’s a concept that’s been around for a long, long time, encompassing much more than the...

Gig Economy
Gig Economy Companies Dealt A Blow With California Supreme Court Ruling
May 01, 2018

The gig economy companies were dealt a blow Monday (April 30) after the Supreme Court in California ruled that gig economy companies can’t count workers as independent contractors instead of employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Gig Economy
Instant Payments As The Rule, Not Exception For Gig Workers
April 18, 2018

Fast work, so … instant payments? 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
Gig Workers Pursue Careers, Part-Time Jobs Or Their Dreams
March 07, 2018

With the rise of platforms such as Uber and Postmates, the gig economy market is booming. In 2016 alone, 34 percent of the American workforce was made up of freelancers — a number projected to grow to 43 percent by 2020. Get the Full Story...

Gig Economy
Paris Bike Sharing Fleet Folds After Too Much Theft, Vandalism
February 26, 2018

Gobee.bike is pulling out of Paris after thousands of its bicycles were stolen or vandalized. 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,...

Gig Economy
Fiverr Acquires AND CO To Equip Freelancers
January 25, 2018

Fiverr, the online marketplace that enables companies to hire freelancers, is acquiring AND CO, another startup that provides support tools for freelancers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...