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
Australia Is Moving Against ‘Uberisation’ of Workers With New Gig-Economy Rules 
February 15, 2022

The Senate Committee that is looking into Australia’s gig economy published its fourth interim report on February 11, suggesting that more changes are needed to protect contractors from exploitation in on-demand platforms such as Uber.  Get the Full Story Complete the form to unlock this...

Gig Economy
Neobank Fills Primary Account Need for EU’s ‘Credit Invisibles’
February 03, 2022

For a very large population of customers in the United Kingdom who are ‘credit invisible’ — meaning they have little or no credit history with credit agencies — accessing credit or affordable lending is often an uphill battle. Get the Full Story Complete the form...

Gig Economy
Gig App Provider Ranking Salutes a New Number One As Big Brands Boom
January 27, 2022

From the fairly forgettable 1990 film “Cadence” starring Hollywood father-son team Martin and Charlie Sheen, four words of dialogue — “a gig for Bean!” — have achieved a certain cult status. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Gig Economy
Pallo Launches SaaS Platform for Freelancers
January 24, 2022

Pallo.com, which bills itself as an all-in-one Software-as-a-Service platform for freelancers, launched Monday (Jan. 24) on the website Product Hunt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Gig Economy
Upwork Expands Freelancers’ Benefits Access With Catch Partnership
January 10, 2022

Freelance platform Upwork on Monday (Jan. 10) partnered with portable benefits program Catch to provide access to healthcare benefits and personal payroll to independent workers who have Upwork accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Gig Economy
Federal Regulator Launches Consultation to Reconsider Gig Workers Status
December 29, 2021

The National Labor Relations Board, a U.S. federal independent agency which oversees union activity and workers’ rights, on Monday (Dec. 27) launched an invitation to the public to submit briefs addressing whether the agency should reconsider its standard for determining the independent contractor status of...

Gig Economy
Deel CEO: Crypto Gives Employers New Payroll Option to Attract Global Workforce
December 27, 2021

Remote work has become a permanent fixture in most organizations today. With it, many companies are looking to take advantage and expand their horizons. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Gig Economy
Ride-Hailing, Delivery Drivers Could Form Unions in China
December 17, 2021

Chinese officials could move to amend laws that would grant ride-hailing and food delivery drivers the ability to form unions, Chinese state media Xinhua reported on Friday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Gig Economy
Bakkt, BringMeThat.com Bring Crypto to Gig Economy 
December 17, 2021

Digital asset marketplace Bakkt Holdings, Inc. on Friday (Dec. 17) partnered with food delivery service BringMeThat.com to stake its claim on the gig economy.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...