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,...
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...
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....
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...
