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
Ingo Money CEO: Why Instant Payments Are Gig Work’s DNA
November 29, 2018

The gig economy has been getting no shortage of attention. In the last few years, a nearly uncountable number of articles and editorials have been written, exploring the concept of whether gig work is the future of labor. Get the Full Story Complete the form to unlock...

Gig Economy
The Gig Economy Is Growing Up — And Getting Less Lucrative
November 27, 2018

It’s probably getting to the point that everyone who doesn’t have gig work — offering ride shares via personal vehicles, for instance, or doing other freelance jobs found via digital marketplaces — probably knows someone who does. After all, according to the PYMNTS/Hyperwallet Gig Economy...

Gig Economy
How The Gig Economy Is Igniting Spend Management Innovation
November 01, 2018

Before CEO Toffer Grant founded PEX, he worked in the world of prepaid cards (gift cards in particular), where Christmas was the biggest challenge of every year. Gift card use would faithfully and intensely spike around Christmas, only to settle back to a more typical baseline six to eight...

Gig Economy
What Does Blockchain Have To Do With The Gig Economy?
October 23, 2018

In the pre-mobile world, in the time before the Uberization of every conceivable service, the gig economy existed — just not in the highly organized and monetized fashion as it is today. Get the Full Story Complete the form to unlock this article and enjoy...

Gig Economy
As The Gig Economy Grows Up, Clashes Emerge Over Its Nature
September 28, 2018

It’s probably getting to the point that everyone who doesn’t have gig work — offering rideshares via personal vehicles, for instance, or doing other freelance jobs found via digital marketplaces — probably knows someone who does. Get the Full Story Complete the form to unlock...

Gig Economy
Adecco Slowdown Hints At EU Gig Economy Hiccup?
September 20, 2018

The gig economy heralds a sea change in how we work. But that does not mean that it’s all smooth sailing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Gig Economy
Airbnb For Work Redefines The Offsite
September 13, 2018

Work isn’t what it used to be. According to the Bureau of Labor Statistics (BLS), workers born between 1960 and 1980 (the tail end of the baby boomers and Gen Xers) averaged two job changes by the time they were 32 years old, while their children...

Gig Economy
 Shine Sheds Light On Gig Economy Challenges
September 06, 2018

In France, freelancing is no easy task.  Sure the gig economy has its lures — among them flexibility and the pursuit of work one enjoys doing.   But in that country, administrative tasks are arduous, relatively speaking, when striving to be a freelancer amid a gig...

Gig Economy
Why Gig Workers Need Their Own Bank
September 06, 2018

Freelancing isn't all about being footloose and fancy-free. Navigating paperwork, banking and invoices has its challenges — especially in France. Fresh off a funding round, startup Shine wants to be the freelancer's co-pilot, CEO Nicolas Reboud tells PYMNTS.