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)

Gojek Execs To Create $6M Fund For Gig Workers
Gig Economy
Gojek Execs To Create $6M Fund For Gig Workers
March 24, 2020

Executives at delivery FinTech Gojek have pledged to give 25 percent of their salaries over the next year to merchants, drivers and partners as their income has been reduced from the coronavirus pandemic, according to a report by Bloomberg. Get the Full Story Complete the...

UK FinTechs Team To Help Self-Employed Workers Amid COVID-19
Gig Economy
UK FinTechs Team To Help Self-Employed Workers Amid COVID-19
March 24, 2020

U.K.-based FinTechs have banded together to help self-employed workers prove their income so they can be eligible for financial support, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Gig Economy Workers Work Through Cross-Border Issues
Gig Economy
Gig Economy Workers Work Through Cross-Border Issues
March 24, 2020

A gig worker in one country trying to get payment from a client in another country doesn’t sound difficult, until you actually try it. Cross-border payments and the gig economy intersect in more ways every day, and if international freelancers are keen on one topic,...

Deep Dive: How Businesses Can Sidestep Cross-Border Payment Pain Points
Gig Economy
Deep Dive: How Businesses Can Sidestep Cross-Border Payment Pain Points
March 23, 2020

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Enabling Access To Faster Payments For Gig Workers In The Moving Industry
Gig Economy
Enabling Access To Faster Payments For Gig Workers In The Moving Industry
March 20, 2020

Attracting gig workers in a hot industry requires giving them on-demand payments. In fact, one survey finds that 85 percent of gig workers would take on more jobs if they were paid faster. In our latest Gig Economy Tracker, CEO Luke Marklin of moving platform...

Putting The Move On The Moving Industry’s Gig Worker’s Pay
Gig Economy
Putting The Move On The Moving Industry’s Gig Worker’s Pay
March 19, 2020

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How Coronavirus Will (And Won’t) Change The Gig Economy
Gig Economy
How Coronavirus Will (And Won’t) Change The Gig Economy
March 16, 2020

The headlines state that we are in uncertain, and in some ways, unprecedented times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Senator Wants Gig Companies To Give Workers Financial Support
Gig Economy
Senator Wants Gig Companies To Give Workers Financial Support
March 06, 2020

Sen. Mark Warner has written several gig companies, including Uber, Lyft, Instacart, Postmates, Grubhub and DoorDash, about financial help for workers as well as several ideas to deal with the coronavirus outbreak, according to a report. Get the Full Story Complete the form to unlock...

France’s Highest Court Says Uber Drivers Are Employees
Gig Economy
France’s Highest Court Says Uber Drivers Are Employees
March 04, 2020

France’s high court ruled in favor of an Uber driver who had asked that his contractual relationship with Uber be changed to an employment contract, the court said on Wednesday (March 4), per reports. Get the Full Story Complete the form to unlock this article...