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
Amazon Offers Grocery Gig Workers Whole Foods Staff Jobs
March 08, 2022

Amazon has been changing its policies over the past few years like many companies and has been reckoning with consumers who seem to not want to go into physical supermarkets as much, CNBC wrote Tuesday (March 8). Amid increased competition from Walmart, other supermarket chains...

Gig Economy
Gig Economy Businesses Turn to FinTechs to Enable Instant Payments
March 08, 2022

The next generation of small business owners, freelancers and gig workers have grown up using platforms like Venmo and other instant payments, giving them some expectations when it comes to the payments experience. “This new generation of workforce talent has grown accustomed to instant payment...

Gig Economy
Uber Tests Pay Redo to Woo New Drivers
February 27, 2022

Uber will be testing a new algorithm for drivers that allows them to see pay and destinations before accepting a trip, according to a Reuters report Friday (Feb. 25). This will give drivers more incentives to take short rides, and aims to help attract more...

Gig Economy
Inflation Spurs Individuals to Join Platform Economy to Boost Income
February 16, 2022

Inflation may be the tailwind that pushes all of us to become part of the gig economy. That’s a sweeping statement to be sure — exaggerated, yes, but revealing a fundamental truth. The higher cost of living is spurring many individuals to supplement their incomes...

Gig Economy
Australia Is Moving Against ‘Uberisation’ of Workers With New Gig-Economy Rules 
February 15, 2022

The Senate Committee that is looking into Australia’s gig economy published its fourth interim report on February 11, suggesting that more changes are needed to protect contractors from exploitation in on-demand platforms such as Uber.  “There will always be a place for genuine independent contractors...

Gig Economy
Neobank Fills Primary Account Need for EU’s ‘Credit Invisibles’
February 03, 2022

For a very large population of customers in the United Kingdom who are ‘credit invisible’ — meaning they have little or no credit history with credit agencies — accessing credit or affordable lending is often an uphill battle. Most of these people are immigrants and...

Gig Economy
Gig App Provider Ranking Salutes a New Number One As Big Brands Boom
January 27, 2022

From the fairly forgettable 1990 film “Cadence” starring Hollywood father-son team Martin and Charlie Sheen, four words of dialogue — “a gig for Bean!” — have achieved a certain cult status. In that case, a “gig” was an unwanted task like peeling potatoes or cleaning latrines....

Gig Economy
Pallo Launches SaaS Platform for Freelancers
January 24, 2022

Pallo.com, which bills itself as an all-in-one Software-as-a-Service platform for freelancers, launched Monday (Jan. 24) on the website Product Hunt. “COVID has expedited the transition to remote working as workers nationwide moved from traditional jobs to freelancing,” the company said in a news release. “While...

Gig Economy
Upwork Expands Freelancers’ Benefits Access With Catch Partnership
January 10, 2022

Freelance platform Upwork on Monday (Jan. 10) partnered with portable benefits program Catch to provide access to healthcare benefits and personal payroll to independent workers who have Upwork accounts. Recent Upwork research shows that 36% of the entire U.S. workforce freelanced in 2021. Catch gives...