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
Fiverr Launches Program To Make Cities ‘Gig Worker Friendly’
May 09, 2018

The gig life isn’t just for Uber drivers. And it’s not just about that much-reported millennial “side hustle” either. “Gig” is really just a new word for “freelance,” and that’s a concept that’s been around for a long, long time, encompassing much more than the...

Gig Economy
Gig Economy Companies Dealt A Blow With California Supreme Court Ruling
May 01, 2018

The gig economy companies were dealt a blow Monday (April 30) after the Supreme Court in California ruled that gig economy companies can’t count workers as independent contractors instead of employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Gig Economy
Instant Payments As The Rule, Not Exception For Gig Workers
April 18, 2018

Fast work, so … instant payments? 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...

Gig Economy
Gig Workers Pursue Careers, Part-Time Jobs Or Their Dreams
March 07, 2018

With the rise of platforms such as Uber and Postmates, the gig economy market is booming. In 2016 alone, 34 percent of the American workforce was made up of freelancers — a number projected to grow to 43 percent by 2020. Get the Full Story...

Gig Economy
Fiverr Acquires AND CO To Equip Freelancers
January 25, 2018

Fiverr, the online marketplace that enables companies to hire freelancers, is acquiring AND CO, another startup that provides support tools for freelancers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Gig Economy
Gig Workforce Swells As Companies Shed Headcount
December 29, 2017

Long gone are the days when Ford, J.C. Penney and General Electric were the largest U.S. employers. A new analysis shows that the country’s outsourcing companies – including the likes of Compass Group and Accenture – are the largest employers, leasing out workers to some...

Gig Economy
Instacart Workers Strike Over Low Pay
November 20, 2017

A handful of Instacart contract workers were gearing up to strike this past weekend to protest what personal shoppers contend are low wages. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Gig Economy
Uber Drivers Say Earnings Still A Challenge
November 13, 2017

While there is an emerging consensus that the gig economy may be the future of American labor, the trials and tribulations of Uber drivers looking to get paid highlights why this conclusion may not be as foregone as it appears. Get the Full Story Complete...

Gig Economy
Uber Floats “Task Rabbit” Concept To Drivers
November 10, 2017

Uber is looking to expand its services and has sent out an email to drivers to find out if they’d be interested in taking on additional on-demand jobs, such as cleaning, moving and food service. Get the Full Story Complete the form to unlock this article...