(source: whatis.techtarget.com)
They’re college students earning money around class schedules, laid-off professionals waiting for a recruiter to call back and mothers without time for a traditional 9-to-5 job. They’re retirees seeking extra cash (and perhaps an excuse to get out of the house). Some are hobbyists, or...
Freelance work isn’t free — no matter what some clients may wish. When multiple bills come in or cash falls short, clients can be quick to put freelancers’ bills on the bottom of the pile — a major problem for those who earn a living...
Gig workers are an exploding workforce in the U.S. According to the PYMNTS.com Gig Economy Index, these workers account for 3.7 percent of total GDP — which amounts to more than $711 billion in income this year alone. At the same time, payroll cards are experiencing...
Lots of big news out of Uber this week: The ride-sharing firm that got the gig economy off the ground has announced that it is accepting an investment from Japan’s SoftBank. The investment will be between $1 billion and $1.25 billion at the company’s last...
First Data, a global leader in commerce-enabling technology, announced its new “Disburse-to-Debit” solution, a low-cost payout option for businesses with gig economy workers that delivers funds directly to a debit card. The real-time debit payment solution will not only benefit participants in the gig economy,...
The European Commission is looking into providing more protections for gig economy workers and others who don’t have standard working contracts, reported Reuters. Citing the Commission’s consultation document on its initiatives, Reuters reported the EU wants more social protections and rights for these so-called casual...
Today is Labor Day, a holiday we’ve been celebrating to honor the hard work and productivity of the American worker since 1894. The history of the holiday is less than wholly cheerful. In May of 1894, Chicago Pullman railroad employees went on strike to protest their dissatisfaction with their pay. The American...
Startup Zego has raised just over £1 million in seed funding from investors, including LocalGlobe, with FTSE 100 company Aviva, for an “insurtech” product for gig economy delivery drivers. According to Tech Crunch, while companies like Uber and Deliveroo are getting bigger, the issue of...
Some innovative entrepreneurs are just born that way. They were the kids who founded lemonade stands before they could count or make lemonade by themselves and who dropped out of Ivy League schools for fear they were wasting the most productive years of their lives sitting in a classroom listening to...