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
Lyft And Uber Fund Efforts To Oust CA Lawmaker
March 02, 2020

Lyft and Uber are fighting back against a California legislator who voted for AB5, a law that could potentially classify drivers as full-time employees and would have serious implications for the companies, according to a report by The Wall Street Journal. Get the Full Story...

Gig Economy
16 Pct Of Gig Workers Live Paycheck To Paycheck With No Savings
March 02, 2020

Amid the Coronavirus-centered headlines are the warnings that the U.S. economy may tip into recession. A sizable chunk of the country’s population may risk falling behind on their financial liabilities, unless the ways they get paid fully embrace the digital age, breaking the weekly/biweekly paycheck...

Gig Economy
Gig Worker Law Change Will Head To California Voters In November
March 01, 2020

A petition by Uber, Lyft and DoorDash to roll back a California law regarding gig economy workers has reached 1 million signatures and will head to voters at the ballot box this November, according to CNET. Get the Full Story Complete the form to unlock...

Gig Economy
EU Antitrust Chief Backs Gig Workers
February 28, 2020

Uber‘s drivers and takeout delivery workers have found allies in the European Union (EU), as its antitrust chief wants to help them fight for better wages and conditions, Bloomberg reported. European Commissioner for Competition Margrethe Vestager told Bloomberg that she wanted to help people in...

Gig Economy
How The Gig Economy Has Evolved Over The Last Decade
February 27, 2020

A quick glance at the workforce of 2020 doesn’t immediately present itself as all that different from the workforce of the year 2000. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Gig Economy
The Gig Economy Gets It Together
February 25, 2020

Anyone who’s ever done gig work – from rideshare drivers to freelance writers – experiences moments of doubt. At those times, it’s easy to believe that no one is thinking about your value as a worker, or how to protect you in the most basic...

Gig Economy
Deep Dive: Catching Up On The Freelance Payment Curve
February 24, 2020

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Gig Economy
How LGBTQ-Focused Travel Platform misterb&b Protects Travelers, Builds Travel
February 21, 2020

You know the drill — pay gig workers faster, and they do more work for the platforms that pay them that way. Yet, stringent security measures and burdensome onboarding processes can get in the way. In the latest Gig Economy Tracker, Francois de Landes, co-founder...

Gig Economy
How Smart Algorithms Deliver Faster, Secure Gig Payouts
February 20, 2020

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