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
Gig Economy Powers Growing Demand For Experiences
July 13, 2017

Take this job and... gig it? The gig economy is taking off and an emerging workforce that covets flexibility isn’t looking back. According to the latest PYMNTS Gig Economy Index™, 69 percent of gig workers say they’d stick with their gigs over a full-time job....

Gig Economy
NEW REPORT: From Margins To Mainstream, Gig Economy Redefines The Workforce
July 12, 2017

Gigging Out With gig employees estimated to draw over $711 billion in income this year, the gig economy isn’t an emerging phenomenon anymore — it has become the new norm for the global workforce. And merchants across the spectrum are coming up with creative ways to...

Gig Economy
Uber Is Considering Giving Its Drivers Stock
June 30, 2017

To say that Uber’s last few months have been a bit rocky is something of an understatement. After a constant run of scandals, the founding CEO is out (as is about half the management team), it’s bleeding hundreds of millions per month and it find...

Gig Economy
Truth And Myth In The Gig Economy
June 12, 2017

It's true that young people are embracing the gig economy at a higher rate than older generations, but project-based work isn't just for Millennials. PYMNTS’ Karen Webster sat down with Hyperwallet CEO Brent Warrington to discuss some of the myths that pervade independent work and...

Gig Economy
Gig Economy To Double In Four Years
May 26, 2017

New research shows that the number of on-demand workers in the U.S. is expected to nearly double in the next four years, fueled largely by startups like Uber, TaskRabbit and Airbnb. Recode reports that the combined research by Intuit and Emergent Research revealed that 9.2 million...

Gig Economy
Brexit Aside, Europe Still Beckons For Gig Economy
May 26, 2017

No one quite knows how Brexit will shake out, and PSD2 threatens to dramatically change the payments landscape across Europe. Hyperwallet MD Aran Brown tells PYMNTS’ Karen Webster that, despite the regulatory uncertainty that has emerged over the past few years, the U.K. — and...

Gig Economy
Uber Of X: WeGoLook Is The Uber Of Authentication
April 28, 2017

Buying items online has become a regular everyday occurrence. With access to smart devices and laptops, consumers have the ability order anything from anywhere at anytime. An issue that can arise when buying sight unseen — rather than going to see the item in person — is that...

Gig Economy
Uber of X: Bus.com is The Uber of Bus Rentals
April 26, 2017

Gathering large groups of people to travel across the city or across the country can be a feat in and of itself. One of the key pieces of the puzzle that involves transporting any group over ten is the issue of how to get from point...

Gig Economy
Uber Of X: Heal Is The Uber Of Doctor Visits
April 21, 2017

Finding the time to go to the doctor’s office can be a struggle. From working a full day at the office to exercising regularly, making dinner, doing laundry, visiting friends and family as well as finding time for yourself, trips to see a physician can...