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)

Fiverr CEO Says Pandemic Reshapes Freelancing to Benefit of Workers and Employers
Gig Economy
Fiverr CEO Says Pandemic Reshapes Freelancing to Benefit of Workers and Employers
September 07, 2021

With dozens of job sites to click on, unprecedented digital connectivity and economic upheaval spurring two-sided demand for low commitment careers, you could say the pandemic has been a perfect storm for the freelance economy. Get the Full Story Complete the form to unlock this...

Uber Canada Proposes Flexible Perks for Gig Workers 
Gig Economy
Uber Canada Proposes Flexible Perks for Gig Workers 
August 31, 2021

A flexible benefits fund is being introduced in Canada to assist gig economy workers in the ride-hail and food delivery space, Reuters reported on Monday (Aug. 30).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Lyft Prez ‘Confident’ Rideshare Firms Will Prevail Over Renewed Prop 22 Battle 
Gig Economy
Lyft Prez ‘Confident’ Rideshare Firms Will Prevail Over Renewed Prop 22 Battle 
August 24, 2021

Lyft Co-founder and President John Zimmer told CNBC’s Jim Cramer that the renewed legal fight regarding California’s Proposition 22 and the classification of workers will be on the side of his company, as well as other firms entrenched in the gig economy, CNBC reported. Get...

California Judge Strikes Down Gig Worker Exemption From Labor Law
Gig Economy
California Judge Strikes Down Gig Worker Exemption From Labor Law
August 22, 2021

In a blow for Uber and Lyft, a California court has ruled that a 2020 ballot measure making it so rideshare and food delivery drivers were not able to be included in a state labor law is unconstitutional, The Sacramento Bee reported. Get the Full...

Fiverr Unveils Freelancer Subscription Loyalty Program
Gig Economy
Fiverr Unveils Freelancer Subscription Loyalty Program
August 12, 2021

Online freelance services marketplace Fiverr has launched its Seller Plus subscription-based loyalty program for freelancers, according to a Thursday (Aug. 12) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

U.K.’s Deliveroo Sees Bright Future, Increases Forecasts For Revenues
Gig Economy
U.K.’s Deliveroo Sees Bright Future, Increases Forecasts For Revenues
July 08, 2021

Despite the ebbing of the pandemic, London-based Deliveroo saw an 88 percent increase in quarterly food orders. As a result, the delivery company has raised its revenue forecast, multiple news outlets said. Get the Full Story Complete the form to unlock this article and enjoy...

Deliveroo Drivers Are Self-Employed, UK Court Says
Gig Economy
Deliveroo Drivers Are Self-Employed, UK Court Says
June 24, 2021

Delivery workers for British food app Deliveroo are self-employed, a U.K. court ruled Thursday, dismissing an appeal by a union seeking to represent those workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Uber, Lyft Mull Unions To Cement Gig Workers As Contractors
Gig Economy
Uber, Lyft Mull Unions To Cement Gig Workers As Contractors
June 09, 2021

Gig economy firms like Uber and Lyft are supporting state laws that would definitively define their workers as independent contractors, even if that means creating a union, The New York Times (NYT) reported Wednesday (June 9). Get the Full Story Complete the form to unlock...

Uber’s Signing Bonuses, Better Pay Lure Drivers Back On The Road
Gig Economy
Uber’s Signing Bonuses, Better Pay Lure Drivers Back On The Road
June 01, 2021

When the pandemic hit, Uber drivers struggled as their business and tourism customers dropped and fears of COVID-19 grew. Now, with vaccination rates rising, Uber is offering signing bonuses and better terms in an attempt to lure drivers back to work. Get the Full Story...