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
US Chamber of Commerce Joins Lawsuit Against Independent Contractor Rule
March 05, 2024

The U.S. Chamber of Commerce has joined a lawsuit challenging the Department of Labor’s (DOL) new independent contractor rule. 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...

Gig Economy
Uber and Mastercard Launch Pro Card for Canadian Gig Workers
March 05, 2024

Uber is now offering its Pro Card to its Canadian drivers and delivery workers. 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....

Gig Economy
Gig Economy: Digital Platforms and Instant Payments Open New Roads to Financial Security
March 01, 2024

The rise of the gig economy has transformed work for millions of individuals. From freelance creatives to ridesharing drivers, gig workers are pursuing financial independence on their terms, redefining the traditional notions of employment. Get the Full Story Complete the form to unlock this article...

Gig Economy
Robinhood Opens Retirement Offering to Gig Workers
February 28, 2024

Investment platform Robinhood is expanding its retirement offering to include gig workers. 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...

Gig Economy
InDrive Says Transparent Ride-Hailing Pay Structure Will Ensure Fair Compensation for Drivers
February 15, 2024

The emergence of ridesharing platforms such as Uber and Lyft has not only transformed commuting habits but also reshaped the gig economy landscape, granting drivers unprecedented levels of flexibility and autonomy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Gig Economy
Uber Driver Speeds Ahead in PYMNTS Provider Ranking of Gig Platform Apps
February 13, 2024

After spending so much money on gifts these last few months, it’s time to bring in some extra cash, but where do you look? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Gig Economy
Rideshare, Delivery Drivers to Strike on Valentine’s Day
February 12, 2024

An organization representing rideshare drivers and delivery workers is organizing a strike on Valentine’s Day (Wednesday, Feb. 14). 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...

Gig Economy
Hampr Says Helping Businesses Do the Laundry Pays
January 26, 2024

As on-demand platforms using gig labor look for reliable revenue, laundry app Hampr is getting into the B2B sector. 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...

Gig Economy
Juuli Launches Affiliate Program to Promote Freelancer Invoicing, Payments Solutions
January 22, 2024

Juuli, a FinTech platform specializing in freelancer invoicing and payments, has launched an affiliate program aimed at promoting financial freedom for partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...