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
Lumanu Debuts Platform For Creator B2B Finance
April 07, 2021

Lumanu has rolled out its business platform, which will let creators manage, scale and protect their businesses, a press release said on Wednesday (April 7). Lumanu’s program is in invite-only beta mode and will allow users to make their own personalized databases. Per the release,...

Gig Economy
Driver Shortage Has Uber, Lyft Scrambling To Meet Post-COVID Demand
April 07, 2021

The diminished need for rideshares during the COVID-19 pandemic caused many people to abandon gig platforms as a source of income, causing a driver shortage as the world starts reopening post-pandemic. To help alleviate the drop-off of drivers, Uber is stepping up with $250 million...

Gig Economy
Uber, Other Platforms’ Changing Business Models Meet Regulatory Buzzsaw
February 19, 2021

The evolution – and revolution – of the platform economy has been one where individuals find work when and where they need it. For the companies themselves, creating new, digital-first markets while keeping costs (relatively) low can streamline efforts to scale worldwide. But there’s always...

Gig Economy
UK Rules Uber Drivers Are Entitled To Benefits, PTO
February 19, 2021

Uber drivers in the U.K. are entitled to paid time off, a minimum wage, and other benefits previously denied to gig economy workers,  The Wall Street Journal reported on Friday (Feb. 19). The U.K. Supreme Court ruled unanimously to uphold a lower court’s decision that...

Gig Economy
Fiverr Introduces Subscriptions Tool For Freelancers
February 10, 2021

Freelance services platform Fiverr is introducing a new tool that enables freelancers to offer subscriptions to the clients they work with the most. “In light of the COVID-19 pandemic, more businesses are tapping into remote, freelance talent than ever before. Managers have become comfortable managing...

Gig Economy
California Uber, Lyft Drivers File Lawsuit Over Prop 22
January 13, 2021

Gig workers in California who drive for Uber, Lyft and other rideshare and delivery platforms have filed a lawsuit in the state’s Supreme Court seeking to overturn Proposition 22, the Associated Press reported on Wednesday (Jan. 13). The California ballot initiative Prop 22 was upheld...

Gig Economy
Albertsons Laying Off Unionized Delivery Drivers In Pivot To DoorDash
January 06, 2021

Albertsons supermarket chain is reportedly laying off some of its unionized delivery drivers and instead teaming with DoorDash for deliveries, according to a report in SFGate on Wednesday (Jan. 6). Albertsons is the second-largest supermarket chain after Krogers, with more than 2,700 stores and 18...

Gig Economy
Uber Looks To Cut European Deal To Avoid Reclassification Of Gig Workers
December 30, 2020

Pressure over employment rights in Europe has prompted food delivery and rideshare firms like Uber and Deliveroo to open negotiations with unions and labor groups, The Wall Street Journal reported on Wednesday (Dec. 30). The move is intended to sidestep legislation that would reclassify European...

Gig Economy
Grubhub Changes Tipping In California, Angering Drivers
December 27, 2020

Grubhub drivers are fuming over a new company policy that has led to dramatically reduced tipping, the Financial Times reported, citing exchanges with drivers and posts by other drivers on the Reddit social media platform. In November, California voters, by a margin of about 58...