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)

Uber Of X: DropCar, Uber Of Valet Parking And Car Services
November 30, 2016

It seems as though valet parking tends to be reserved for restaurant patrons and residents of Los Angeles. While many cities may not be able to accommodate valet parking, an “Uber of X” business is focused on doing just that. DropCar is the “Uber of...

Uber Of X: Rent-A-Ref, Sports Officials For Any Game Or Tournament
November 23, 2016

Perhaps the most overlooked person in any sport is the most important one: the referee. From youth sports to adult after-work leagues, the industry is growing, and according to Rent-A-Ref CEO Michael Radchuk, there is a shortage of referees. That’s why, in March 2016, he...

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? New estimates show that the U.S. could hold between 54 million and 68 million “independent workers” — including short-term...

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? In a Wall Street Journal column last week, Mark Muro, a Brookings Institution senior fellow, wrote that the app-driven freelancer has been making steady inroads into gainful employment within the United States. The question remains as to whether the...

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. That’s where Jettly...