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 Driver Cruising on Top in PYMNTS Provider Ranking of Gig Platform Apps
January 17, 2024

The gig economy is ever-changing, but the PYMNTS Provider Ranking of Gig Platform Apps can help users stay up to date. This month we’ve seen a lot of the apps shifting up the rankings and making way for newcomers such as Amazon Flex. Get the Full...

Gig Economy
Wage Hikes and Regulations May Spur Gig Platform Consolidation
January 15, 2024

Wage hikes and new regulations impacting the ways in which gig workers are classified may shake up online platforms, pinching profits and spurring consolidation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Gig Economy
New Contractor Rules: Promise or Peril for Gig Economy Platforms? 
January 09, 2024

The Labor Department is due to release new rules governing the classification of gig economy workers. The platforms that rely on these workers say not much will change. The legal and regulatory outcomes remain uncertain, as the platforms are growing and the demand for side...

Gig Economy
Uber: White House Gig Worker Rule Won’t Impact Us
January 09, 2024

Uber says a proposed Biden administration rule change for gig workers will not affect its operations. 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...

Gig Economy
Biden Rule Would Turn More Gig Workers Into Full Employees
January 08, 2024

The White House is reportedly preparing new guidelines that provide additional protections to 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,...

Gig Economy
EU Nixes Provisional Agreement on Reclassification of Gig Workers
December 22, 2023

European Union (EU) member states have rejected a provisional deal aimed at reclassifying millions of gig workers as employees. 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
Uber Agrees to Raise Minimum Wage for French Drivers
December 20, 2023

Uber and other ride-hailing companies have agreed to give their French drivers a raise. 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
DoorDash Trails Uber Driver in Latest Provider Ranking of Gig Platform Apps
December 13, 2023

The gig economy allows workers control over their own employment while offering consumers choice and convenience. 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...

Gig Economy
Upwork Launches Partnerships to Enhance Workforce Management
December 05, 2023

Upwork has launched a pair of collaborations designed to offer an improved approach to workforce management. 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,...