It truly is the most wonderful time of the year — to bring in some extra cash, that is. Gifting is expensive. Consumers in the U.S. planned to spend an average of $908 on holiday gifts this past year, up 8 percent from the average...
There’s no doubt about it — the gig economy is booming. As the broader gig ecosystem continues to grow and diversify in the coming years, it will become more important for employers participating in the space to rethink how they view gig work and gig...
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...
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...
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...
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...
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.
The gig economy is on the rise. Today, more people are finding themselves employed in short term, ad hoc positions and it’s having a huge impact. Not only has this new sector of the workforce continued to grow, the growth rate is actually outpacing the U.S. economy...
The gig economy — employees working in short-term, ad hoc positions and the companies employing them — is BOOMING. According to the inaugural PYMNTS Gig Economy Index™, more Americans are working gig jobs than ever before. Like 23 percent of all 18-to-24-year-olds. More than 300...
