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
Navigating The Regulatory Labyrinth Of Gig Economy Payments
November 21, 2016

Scale is the Holy Grail for firms big and small — but as on-demand platforms and digital marketplaces venture into far-flung locales, payments processes must contend with new and unfamiliar regulatory hurdles. Mike Monty, EVP and head of financial partnerships at Hyperwallet, explained to PYMNTS...

Gig Economy
Regulation, Competition Major Issues Facing Gig Economy
November 18, 2016

What is it exactly about the rising gig economy that makes businesses, workers and consumers alike so willing to fork over cash for the chance to partake? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Uber Of X: GreenPal, The Uber Of Lawn Care
November 16, 2016

No matter the season, owning land typically means you’ll need someone to mow the lawn. There are expensive options, but forget trying to get the neighbor’s kid to do jagged, half-finished work. Hiring a professional on-demand is just the next extension of the “Uber of...

Uber Of X: Thanks To Networking App, No More ‘Table For One’ Requests
November 09, 2016

If you’ve ever ventured solo on a business trip, you know what it’s like to be alone with just your thoughts over dinner. Some people like it; others don’t. And many people, even if they do like it, would love some company from time to...

Gig Economy
Gig Workers Cannibalize Rides/Rooms Payroll Spots — And More?
November 07, 2016

The gig economy is the future. But does the gig economy also presage the hobbling of the traditional, non-gig economy? 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...

Gig Economy
Taking A Pulse On The New Gig Economy
November 03, 2016

From food delivery to ridesharing, babysitting to dog walking, it’s hard to find a service today that isn’t available “on-demand,” but the growing gig economy isn’t without its challenges. Brent Warrington, CEO of Hyperwallet, joined Karen Webster to discuss the results of the inaugural Gig...

Uber Of X: Private Planes, At Your Service
November 02, 2016

If you’re one of the few that get to fly by private plane, you know the exclusivity. For those that don’t, you also recognize the exclusivity. And for pilots that have their license, there may be an untapped situation waiting for you. Get the Full...

Gig Economy
Councilman, Labor Groups Help Pass Gig Employee Protections In NYC
October 28, 2016

New York City Council Member Brad Lander took to the steps of City Hall on Thursday, accompanied by the Freelancers Union and gig economy workers, to support legislation passed by the council that will provide protections for freelancers and gig workers in the city.

Uber of X: HackerOne, Pairing Companies With Hackers For Good
October 26, 2016

Would you pay someone to hack your company? How about if the hacker discovered a bug that would save you money, liability and a host of problems you never realized existed? And how might a company thank a teenage hacker in Siberia who found a...