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
Uber, Lyft Back Ballot Measure To Fight California Gig Worker Law
October 30, 2019

Uber, Lyft and DoorDash are backing a ballot initiative to exempt themselves from California’s landmark law that re-classifies gig economy workers as employees, the companies announced in a press release on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article...

Gig Economy
EU’s Vestager: Gig Workforce Should Be Able To Unionize For Better Pay
October 24, 2019

European Union antitrust chief and Silicon Valley critic Margrethe Vestager said gig economy workers should join forces for better pay, the Financial Times reported on Thursday (Oct. 24).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Gig Economy
Even Bad Tippers Might Pay More With Better Tech
October 22, 2019

The rise of digital payments and the gig economy cannot guarantee that consumers will tip. But new technology is sure making tipping easier — both for consumer and workers — even if human nature is, well, human nature. Get the Full Story Complete the form to...

Gig Economy
How TaskRabbit, With IKEA, Is Reshaping The Gig Economy
October 18, 2019

One of the basics of platform design and ignition is getting “anchor tenants” on board who — given their size, scale and profile — tend to attract other stakeholders to the platform. What’s not as common is for an anchor tenant to acquire a platform...

Gig Economy
What’s Wrong With The Attack On Gig Economy Pay
October 14, 2019

Drivers can’t make ends meet. 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...

Gig Economy
Instacart Gig Workers Plan Protest Over Wages, Fees
October 11, 2019

From Nov. 3 to Nov. 5, Instacart shoppers are planning to protest the delivery company, according to reports. The protesters have three demands: The want Instacart to change the default tip amount from 5 percent to 10 percent, they want the company to get rid...

Gig Economy
How The MENA Gig Economy Provides Global Lessons
October 09, 2019

The gig economy — and digital marketplaces designed to service gig workers and employers — is where so much of the action is these days. Payments and other forms of innovation and disruption are taking place as the gig lifestyle spreads across the world and...

Gig Economy
CA Gig Workers Split On Impact Of New Classification Law
September 23, 2019

California Gov. Gavin Newsom signed into law a controversial bill that could reclassify ridesharing and other gig economy workers as employees instead of independent contractors, The Wall Street Journal reported on Saturday (Sept. 21). Get the Full Story Complete the form to unlock this article...

Gig Economy
Unions Urge NY To Offer Gig Workers More Protections
September 16, 2019

Unions in New York are petitioning the state to change its laws to include employment protections for gig economy workers, similar to a bill recently passed in California, The Wall Street Journal reported on Monday (Sept. 16). Get the Full Story Complete the form to unlock...