Here are my slides from a revision webinar on the economics of the Gig Economy. The labour market changes all the time but in the last decade we have seen a fast-evolving landscape of many more people being engaged in gig work and many on short term or zero hours contracts. Who are the winners and losers from the new world of work? Does the expansion of the Gig Economy improve the UK’s macroeconomic performance?
The gig economy relies on temporary positions arranged through online platforms that connect workers with clients. It functions through computers, mobile devices, internet, and communication technologies. While it provides independence, skill development, and reduced costs for companies, disadvantages include modest pay, lack of benefits, stress from inconsistent work, and financial challenges from periods without income.
The document discusses the gig economy and its characteristics. It defines the gig economy as online platforms that connect workers and customers for specific tasks, with payment intermediated by the platforms. The gig economy provides benefits like flexibility but also drawbacks like lack of protections. While it empowers some groups, there is an imbalance in distributing its benefits, with workers being more vulnerable. Both incumbents and regulations need to adapt to the changes brought by the new digital economy.
The document discusses the gig economy, which consists of freelance or part-time jobs offered through online platforms. It describes key characteristics like platforms connecting workers and customers, payment being intermediated by platforms, and users working whenever they want for specific tasks. Both benefits and criticisms of the gig economy are outlined, such as flexibility for workers but companies having outsized control. The gig economy is growing and projected to contribute significantly to the global economy.
This document discusses whether production processes should be capital intensive or labor intensive. It considers factors like the amount to be produced, whether the product is standardized, and whether personal interaction is needed. Capital intensive production uses more machines and can operate continuously but has high upfront costs and risks from breakdowns. Labor intensive production relies more on workers but has costs from wages and limitations like illness or holidays. Most businesses use a combination, and the optimal mix depends on profits and ability to afford machinery. Mechanization substitutes labor with machines operated by workers, while automation fully replaces labor with self-operating computer-controlled machines.
Virtual Assistant Documents,Training,manual and certificatesherminigildosarno1
Trainings and workshops on Vitual assistant. Lectures are presented and showing with different types of task as vertual assistant will do in actual job
Contingent staffing has become the choice of many businesses in recent years when they are looking for novel approaches to cost control.In contrast to full-time permanent employees, contractual staffing is the recruitment of employees for short-term employment contracts.
Here are my slides from a revision webinar on the economics of the Gig Economy. The labour market changes all the time but in the last decade we have seen a fast-evolving landscape of many more people being engaged in gig work and many on short term or zero hours contracts. Who are the winners and losers from the new world of work? Does the expansion of the Gig Economy improve the UK’s macroeconomic performance?
The gig economy relies on temporary positions arranged through online platforms that connect workers with clients. It functions through computers, mobile devices, internet, and communication technologies. While it provides independence, skill development, and reduced costs for companies, disadvantages include modest pay, lack of benefits, stress from inconsistent work, and financial challenges from periods without income.
The document discusses the gig economy and its characteristics. It defines the gig economy as online platforms that connect workers and customers for specific tasks, with payment intermediated by the platforms. The gig economy provides benefits like flexibility but also drawbacks like lack of protections. While it empowers some groups, there is an imbalance in distributing its benefits, with workers being more vulnerable. Both incumbents and regulations need to adapt to the changes brought by the new digital economy.
The document discusses the gig economy, which consists of freelance or part-time jobs offered through online platforms. It describes key characteristics like platforms connecting workers and customers, payment being intermediated by platforms, and users working whenever they want for specific tasks. Both benefits and criticisms of the gig economy are outlined, such as flexibility for workers but companies having outsized control. The gig economy is growing and projected to contribute significantly to the global economy.
This document discusses whether production processes should be capital intensive or labor intensive. It considers factors like the amount to be produced, whether the product is standardized, and whether personal interaction is needed. Capital intensive production uses more machines and can operate continuously but has high upfront costs and risks from breakdowns. Labor intensive production relies more on workers but has costs from wages and limitations like illness or holidays. Most businesses use a combination, and the optimal mix depends on profits and ability to afford machinery. Mechanization substitutes labor with machines operated by workers, while automation fully replaces labor with self-operating computer-controlled machines.
Virtual Assistant Documents,Training,manual and certificatesherminigildosarno1
Trainings and workshops on Vitual assistant. Lectures are presented and showing with different types of task as vertual assistant will do in actual job
Contingent staffing has become the choice of many businesses in recent years when they are looking for novel approaches to cost control.In contrast to full-time permanent employees, contractual staffing is the recruitment of employees for short-term employment contracts.
Running head: MANAGEMENT
1
MANAGEMENT
2
Operations Management in Airline Industry
Name
Course
Tutor
College
Date
Airline industry has a positive impact on the people’s way of living. It has now become a very essential service hard to picture how life would be without it. It has changed on the way people operate in the world of business because now time taken to travel long distances is very short. It is now possible to do business in some areas which were considered to be remote way back. It provides the necessary transportation network in the whole world therefore its acknowledged for the success of businesses and growth of the tourism industry (ATAG, 2005).
Aviation industry is a major source of employment and by paying taxes it contributes much to the economy. It has been experiencing a considerable growth in the last decades. Its approximately above seventy-fold as the time the first airliner flew (ATAG, 2005). That huge growth experienced is due to many factors. One of them is increase in disposable income which has led to improved living standards in the world.
The growth is also as a result of improved aviation laws and open- sky negotiations between different governments. It has led to discovery of new markets making travel affordable and easier. Increased demand due to high levels of confidence in air travel as a proved safe means of travel has also contributed to the enormous growth.
Due to increased competition, airfares have reduced therefore low cost in traveling. Globalization has also played major role as the distance traveled has increased since people are doing business everywhere due to stable political and social climate. These factors are expected to improve further thus increased no of traffic in air travel. It is now to the companies in the industry to utilize the advantage of the available opportunities and improve in the management of their work.
Most of the airlines are owned by the government but now there is an emerging trend of movement to commercial, independent public companies. This has led to increased number of commercial companies thus increased pressure on management in increased profits, reduction of cost and revenue increment.
The operators in this industry survive in a very competitive and dynamic environment. First this industry was created for the service of delivering mails. There has been massive evolution into very complicated operations of transport to passengers and cargo. All these improvements come with a very complex operating strategies and a lot of competition.
To attain a considerable growth, it is important for the airline companies to study the conditions prevailing in the market. This industry involves very high investment costs, operation in a geographically dispersed market and tough huddles imposed by the regulator. Therefore this has led to huge investment in operations techniques and information.
The industry has been divided into different sectors. They include ope.
The document discusses the gig economy. It defines the gig economy as relying on temporary and part-time independent contractors rather than permanent employees. It notes that an estimated 15 million people globally have more than one gig job, and the number of gig jobs could grow to 90 million in the future. The document outlines that gig workers provide services like driving, delivery, skilled labor, and professional/creative work. It also discusses characteristics of the gig economy like flexibility and innovation as well as cons around job security. Finally, it notes the large impact of COVID-19 on gig workers' finances and employment.
This document provides an overview of production theory and cost concepts. It defines production as the process of transforming inputs like land, labor, capital and entrepreneurship into goods and services. Inputs are classified as fixed or variable depending on whether they can be varied in the short run. A firm's technology and its production function determine the optimal combination of inputs to maximize output. The document also introduces the economic concepts of costs, returns to scale, and perfect competition.
GIG economy - Human Resource management - Manu Melwin Joymanumelwin
A gig economy is an environment in which temporary positions are common and organizations contract with independent workers for short-term engagements.
The document discusses concepts related to differentiation strategy and customer value. It describes differentiation as distinguishing a product or offering to make it more attractive to a target market. It also discusses the 3V model of a value proposition, valued customer, and value network. The value proposition describes the quantifiable benefits an organization promises to deliver to customers. The document provides examples of how these concepts can be applied.
EQUITY , LABOUR INTENSIVE VERSUS CAPITAL INTENSIVE PROJECTSThummala Nomeshwari
The document discusses capital intensive versus labour intensive projects and production methods. It defines capital intensive as requiring more machinery and equipment for production, while labour intensive requires more human labor. Some key points made include:
- Capital intensive production typically uses more automation and technology, while labour intensive relies more on human workers.
- Industries like agriculture and construction are usually labour intensive, while oil refining and airlines tend to be more capital intensive.
- Both methods have advantages and disadvantages related to costs, flexibility, productivity, and scale of production. Capital intensive production generally has higher initial costs but more efficiency, while labour is more flexible but expensive long-term.
The document discusses the benefits of a sharing economy model for businesses over traditional ownership models. It argues that businesses should avoid ownership as it weighs them down with costs like taxes, regulations, and liability. Instead, businesses should focus on access and using shared assets on a cost-per-use basis from experts to stay agile and scalable without large upfront investments. Examples like Apple, Google, Uber, and airlines are given of companies embracing sharing models over traditional ownership.
Global outsourcing of apparel manufacturing and human resource exploitationShihab Muhib
Global outsourcing of apparel manufacturing has led to both cost savings for Western companies but also exploitation of human resources in some cases. Companies outsource production to lower cost countries to reduce operating expenses. However, some companies have exploited workers by paying very low wages, enforcing long working hours and unsafe conditions. Ten major clothing brands like Nike and Gap were involved in sweatshop scandals where workers faced human rights abuses. While outsourcing provides benefits, it has also allowed exploitation if companies do not ensure proper labor standards and worker protections are followed in other countries.
LABOUR MANAGEMENT IN CONSTRUCTION MANAGEMENT IN THE DEVELOPING COUNTRIESIAEME Publication
A number of assumptions will have been made in the tender on the likely make-up of the
labour force. Reconsideration of these is one of the key activities in the mobilization period.
This document discusses key considerations for managing labor in construction projects in developing countries. It covers sourcing labor locally or importing from other countries. Factors like skills, productivity, mechanization, and staff-to-labor proportions must be considered. Recruitment arrangements, tribal and political affiliations, conditions of employment, and discipline/safety procedures also require careful planning to effectively manage the labor force.
Employee Benefits in a post consultation worldandrewleech
A presentation given to HR and pension specialists in January on benefits and salary sacrifice post April from employee car scheme specialist Fleet Evolution
Why Your Business Should Avoid Ownership10x Nation
The document discusses the benefits of a sharing economy and avoiding ownership for businesses. It argues that businesses should stay agile by not tying themselves down to heavy assets or sluggish regulations. Ownership exposes businesses to additional costs like taxes, accounting, maintenance, and liability. Instead, the sharing economy allows on-demand access to resources through services like cloud computing, marketing tools, manufacturing, office space, vehicles, and staffing. This near limitless access to resources improves scalability and expertise while focusing a business on growth. The document provides examples like Apple, Google, Uber, and airlines embracing these on-demand models.
This document provides an overview of brand management strategies for Singapore Airlines. It discusses Singapore Airlines' vision and mission, the macroenvironmental factors it faces, its segmentation, targeting, positioning, marketing mix (4Ps), and branding journey. Key aspects of its brand strategy include a focus on premium service, innovation, and positioning through the iconic "Singapore Girl" symbol. The airline maintains a young fleet of fuel efficient aircraft and strives to be a leader in passenger experience through amenities and technologies.
Global outsourcing of apparel industries and human resource exploitation. Tonmoy Ahmed
This document discusses global outsourcing in the apparel industry and the associated human rights issues. It provides background on why companies outsource apparel manufacturing to low-cost countries. It then describes how this practice has led to exploitation of labor through poor working conditions, low wages, excessive overtime, and other human rights violations. The document also lists several major clothing brands that have been involved in sweatshop scandals over the years. It provides one example of how Nike worked to address its human rights issues through increased factory monitoring and joining the Fair Labor Association.
Managing the Flexible Workforce of the Future [San Mateo]SAP Ariba
As business continues to move at light speed, companies are deploying flexible workforces that can be quickly engaged and on - boarded to keep pace. Behind the scenes, they need total visibility in order to optimize all areas of services procurement including complex spend, worker quality, corporate and external compliance and contingent workforce program efficiencies. And they need a new breed of technology to achieve this. Companies today need a Vendor Management System (VMS) that can easily integrate with other internal systems to enable a holistic view of both talent and spend.
Brian Korsmeier, Account Manager - Fieldglass
Anita Scott - eBay
Ariba Commerce Summit 2014 San Mateo
Jet Blue Airways was established in 1999 by David Neeleman with an initial capital of $130 million and started operations in 2000 with 2 planes. The goal was to establish itself as a leading low-cost airline offering high quality customer service. Jet Blue achieved rapid growth through linking technology like e-tickets to customer satisfaction and building a value-based culture. Strategies included using newer fuel efficient planes, point-to-point flights from secondary airports, and a customer oriented approach. The top management team was recruited based on culture fit and values of safety, caring, integrity and passion were linked to new employees to build a non-union environment.
Running head: MANAGEMENT
1
MANAGEMENT
2
Operations Management in Airline Industry
Name
Course
Tutor
College
Date
Airline industry has a positive impact on the people’s way of living. It has now become a very essential service hard to picture how life would be without it. It has changed on the way people operate in the world of business because now time taken to travel long distances is very short. It is now possible to do business in some areas which were considered to be remote way back. It provides the necessary transportation network in the whole world therefore its acknowledged for the success of businesses and growth of the tourism industry (ATAG, 2005).
Aviation industry is a major source of employment and by paying taxes it contributes much to the economy. It has been experiencing a considerable growth in the last decades. Its approximately above seventy-fold as the time the first airliner flew (ATAG, 2005). That huge growth experienced is due to many factors. One of them is increase in disposable income which has led to improved living standards in the world.
The growth is also as a result of improved aviation laws and open- sky negotiations between different governments. It has led to discovery of new markets making travel affordable and easier. Increased demand due to high levels of confidence in air travel as a proved safe means of travel has also contributed to the enormous growth.
Due to increased competition, airfares have reduced therefore low cost in traveling. Globalization has also played major role as the distance traveled has increased since people are doing business everywhere due to stable political and social climate. These factors are expected to improve further thus increased no of traffic in air travel. It is now to the companies in the industry to utilize the advantage of the available opportunities and improve in the management of their work.
Most of the airlines are owned by the government but now there is an emerging trend of movement to commercial, independent public companies. This has led to increased number of commercial companies thus increased pressure on management in increased profits, reduction of cost and revenue increment.
The operators in this industry survive in a very competitive and dynamic environment. First this industry was created for the service of delivering mails. There has been massive evolution into very complicated operations of transport to passengers and cargo. All these improvements come with a very complex operating strategies and a lot of competition.
To attain a considerable growth, it is important for the airline companies to study the conditions prevailing in the market. This industry involves very high investment costs, operation in a geographically dispersed market and tough huddles imposed by the regulator. Therefore this has led to huge investment in operations techniques and information.
The industry has been divided into different sectors. They include ope.
The document discusses the gig economy. It defines the gig economy as relying on temporary and part-time independent contractors rather than permanent employees. It notes that an estimated 15 million people globally have more than one gig job, and the number of gig jobs could grow to 90 million in the future. The document outlines that gig workers provide services like driving, delivery, skilled labor, and professional/creative work. It also discusses characteristics of the gig economy like flexibility and innovation as well as cons around job security. Finally, it notes the large impact of COVID-19 on gig workers' finances and employment.
This document provides an overview of production theory and cost concepts. It defines production as the process of transforming inputs like land, labor, capital and entrepreneurship into goods and services. Inputs are classified as fixed or variable depending on whether they can be varied in the short run. A firm's technology and its production function determine the optimal combination of inputs to maximize output. The document also introduces the economic concepts of costs, returns to scale, and perfect competition.
GIG economy - Human Resource management - Manu Melwin Joymanumelwin
A gig economy is an environment in which temporary positions are common and organizations contract with independent workers for short-term engagements.
The document discusses concepts related to differentiation strategy and customer value. It describes differentiation as distinguishing a product or offering to make it more attractive to a target market. It also discusses the 3V model of a value proposition, valued customer, and value network. The value proposition describes the quantifiable benefits an organization promises to deliver to customers. The document provides examples of how these concepts can be applied.
EQUITY , LABOUR INTENSIVE VERSUS CAPITAL INTENSIVE PROJECTSThummala Nomeshwari
The document discusses capital intensive versus labour intensive projects and production methods. It defines capital intensive as requiring more machinery and equipment for production, while labour intensive requires more human labor. Some key points made include:
- Capital intensive production typically uses more automation and technology, while labour intensive relies more on human workers.
- Industries like agriculture and construction are usually labour intensive, while oil refining and airlines tend to be more capital intensive.
- Both methods have advantages and disadvantages related to costs, flexibility, productivity, and scale of production. Capital intensive production generally has higher initial costs but more efficiency, while labour is more flexible but expensive long-term.
The document discusses the benefits of a sharing economy model for businesses over traditional ownership models. It argues that businesses should avoid ownership as it weighs them down with costs like taxes, regulations, and liability. Instead, businesses should focus on access and using shared assets on a cost-per-use basis from experts to stay agile and scalable without large upfront investments. Examples like Apple, Google, Uber, and airlines are given of companies embracing sharing models over traditional ownership.
Global outsourcing of apparel manufacturing and human resource exploitationShihab Muhib
Global outsourcing of apparel manufacturing has led to both cost savings for Western companies but also exploitation of human resources in some cases. Companies outsource production to lower cost countries to reduce operating expenses. However, some companies have exploited workers by paying very low wages, enforcing long working hours and unsafe conditions. Ten major clothing brands like Nike and Gap were involved in sweatshop scandals where workers faced human rights abuses. While outsourcing provides benefits, it has also allowed exploitation if companies do not ensure proper labor standards and worker protections are followed in other countries.
LABOUR MANAGEMENT IN CONSTRUCTION MANAGEMENT IN THE DEVELOPING COUNTRIESIAEME Publication
A number of assumptions will have been made in the tender on the likely make-up of the
labour force. Reconsideration of these is one of the key activities in the mobilization period.
This document discusses key considerations for managing labor in construction projects in developing countries. It covers sourcing labor locally or importing from other countries. Factors like skills, productivity, mechanization, and staff-to-labor proportions must be considered. Recruitment arrangements, tribal and political affiliations, conditions of employment, and discipline/safety procedures also require careful planning to effectively manage the labor force.
Employee Benefits in a post consultation worldandrewleech
A presentation given to HR and pension specialists in January on benefits and salary sacrifice post April from employee car scheme specialist Fleet Evolution
Why Your Business Should Avoid Ownership10x Nation
The document discusses the benefits of a sharing economy and avoiding ownership for businesses. It argues that businesses should stay agile by not tying themselves down to heavy assets or sluggish regulations. Ownership exposes businesses to additional costs like taxes, accounting, maintenance, and liability. Instead, the sharing economy allows on-demand access to resources through services like cloud computing, marketing tools, manufacturing, office space, vehicles, and staffing. This near limitless access to resources improves scalability and expertise while focusing a business on growth. The document provides examples like Apple, Google, Uber, and airlines embracing these on-demand models.
This document provides an overview of brand management strategies for Singapore Airlines. It discusses Singapore Airlines' vision and mission, the macroenvironmental factors it faces, its segmentation, targeting, positioning, marketing mix (4Ps), and branding journey. Key aspects of its brand strategy include a focus on premium service, innovation, and positioning through the iconic "Singapore Girl" symbol. The airline maintains a young fleet of fuel efficient aircraft and strives to be a leader in passenger experience through amenities and technologies.
Global outsourcing of apparel industries and human resource exploitation. Tonmoy Ahmed
This document discusses global outsourcing in the apparel industry and the associated human rights issues. It provides background on why companies outsource apparel manufacturing to low-cost countries. It then describes how this practice has led to exploitation of labor through poor working conditions, low wages, excessive overtime, and other human rights violations. The document also lists several major clothing brands that have been involved in sweatshop scandals over the years. It provides one example of how Nike worked to address its human rights issues through increased factory monitoring and joining the Fair Labor Association.
Managing the Flexible Workforce of the Future [San Mateo]SAP Ariba
As business continues to move at light speed, companies are deploying flexible workforces that can be quickly engaged and on - boarded to keep pace. Behind the scenes, they need total visibility in order to optimize all areas of services procurement including complex spend, worker quality, corporate and external compliance and contingent workforce program efficiencies. And they need a new breed of technology to achieve this. Companies today need a Vendor Management System (VMS) that can easily integrate with other internal systems to enable a holistic view of both talent and spend.
Brian Korsmeier, Account Manager - Fieldglass
Anita Scott - eBay
Ariba Commerce Summit 2014 San Mateo
Jet Blue Airways was established in 1999 by David Neeleman with an initial capital of $130 million and started operations in 2000 with 2 planes. The goal was to establish itself as a leading low-cost airline offering high quality customer service. Jet Blue achieved rapid growth through linking technology like e-tickets to customer satisfaction and building a value-based culture. Strategies included using newer fuel efficient planes, point-to-point flights from secondary airports, and a customer oriented approach. The top management team was recruited based on culture fit and values of safety, caring, integrity and passion were linked to new employees to build a non-union environment.
How to Download & Install Module From the Odoo App Store in Odoo 17Celine George
Custom modules offer the flexibility to extend Odoo's capabilities, address unique requirements, and optimize workflows to align seamlessly with your organization's processes. By leveraging custom modules, businesses can unlock greater efficiency, productivity, and innovation, empowering them to stay competitive in today's dynamic market landscape. In this tutorial, we'll guide you step by step on how to easily download and install modules from the Odoo App Store.
CapTechTalks Webinar Slides June 2024 Donovan Wright.pptxCapitolTechU
Slides from a Capitol Technology University webinar held June 20, 2024. The webinar featured Dr. Donovan Wright, presenting on the Department of Defense Digital Transformation.
🔥🔥🔥🔥🔥🔥🔥🔥🔥
إضغ بين إيديكم من أقوى الملازم التي صممتها
ملزمة تشريح الجهاز الهيكلي (نظري 3)
💀💀💀💀💀💀💀💀💀💀
تتميز هذهِ الملزمة بعِدة مُميزات :
1- مُترجمة ترجمة تُناسب جميع المستويات
2- تحتوي على 78 رسم توضيحي لكل كلمة موجودة بالملزمة (لكل كلمة !!!!)
#فهم_ماكو_درخ
3- دقة الكتابة والصور عالية جداً جداً جداً
4- هُنالك بعض المعلومات تم توضيحها بشكل تفصيلي جداً (تُعتبر لدى الطالب أو الطالبة بإنها معلومات مُبهمة ومع ذلك تم توضيح هذهِ المعلومات المُبهمة بشكل تفصيلي جداً
5- الملزمة تشرح نفسها ب نفسها بس تكلك تعال اقراني
6- تحتوي الملزمة في اول سلايد على خارطة تتضمن جميع تفرُعات معلومات الجهاز الهيكلي المذكورة في هذهِ الملزمة
واخيراً هذهِ الملزمة حلالٌ عليكم وإتمنى منكم إن تدعولي بالخير والصحة والعافية فقط
كل التوفيق زملائي وزميلاتي ، زميلكم محمد الذهبي 💊💊
🔥🔥🔥🔥🔥🔥🔥🔥🔥
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) CurriculumMJDuyan
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
2. What is Gig Economy?
◦A gig economy is a labor market that relies heavily on
temporary and part-time positions filled by independent
contractors and freelancers rather than full-time permanent
employees.
3. Benefits for
Business
Reduced fixed cost
Reduced investment – e.g. uber
drivers own their own vehicle
Flexibility in managing hours
to expected demand for their
products
4. Benefits for Workers
Flexibility hours/ control
hours went to work
Ability to work from home
A common way for people
to earn extra income
Less risk of getting stuck
in routine jobs
5. Downsides to the Gig
Economy for workers
Doubts over the true flexibility of
hours offered
Lack of paid vacation /sick leave
/employment rights
Workers bear most of the risk in the
job
6. Wider Downsides of the Gig Economy
Shrinking of the tax base will hit revenues
Reduction in road safety / more accidents
Does the gig economy promote innovation
Are platform businesses creating high quality jobs ?
7. Gig economy examples
Gig economy examples
Hospitality and travel
Transportation
Digital freelance services
Caregiving
8. CONCLUSION
◦The gig economy offers workers the independence to
choose their own work hours, projects, and even
location. These workers also get the opportunity to
upskill themselves and enhance their income by picking
up multiple and varied projects