What is a Gig Economy? Benefits and Challenges of Gig Workers
Eye on Tech
https://www.youtube.com/watch?v=AcCBqn2bjdc

Transkript (automatisch erstellt)

0:03 Jamison Cush: The word gig usually conjures visions of a one-off musical performance. It
0:07 happens once and then the band is off to find their next performance, or gig. Gig is actually a
0:12 slang term meaning a job for a specified period of time. But it's found its way into mainstream
0:17 business vocabularies as more and more communities trend toward a gig economy. A gig economy is a
0:23 free market system in which temporary positions are common. Freelancers, independent contractors,
0:29 project-based workers and temporary hires all fall under the title gig workers and are found across
0:34 every industry. Gig employees could be writers, rideshare drivers, photographers, accountants,
0:39 realtors, handyman, programmers, tutors, artists, dog walkers, really anyone who enters into formal
0:45 agreements with a company to provide services without being on the company's payroll. With
0:49 digitization, the workforce is increasingly mobile, so workers can select temporary jobs from
0:54 around the world. And employers can find the best individuals for each job without as much
0:58 geographic constraints. The gig economy also saves businesses resources, like benefits, office space
1:04 and training, while providing employees benefits like an improved work life balance and freedom to
1:09 select jobs or gigs that they're interested in. While this flexibility is appealing, gig workers
1:15 in turn, usually trade that in for modest pay little or no health or retirement benefits, tax
1:20 complications and out of pocket equipment expenses. And there's a blurred line between those
1:25 who voluntarily work as contractors and those who are being taken advantage of by an employer that
1:31 might classify someone as a contractor to get out of paying fair wages and benefits.