Home Business Insights & Advice The gig economy: Why it’s here to stay

The gig economy: Why it’s here to stay

by John Saunders
27th Sep 21 3:38 pm

The concept of the gig economy has been around for a long time. In fact, many people think that it’s just a new term for freelancing. However, there is more to this trend than meets the eye. The gig economy is here to stay and will impact how we work in the future. In America alone, more than 40% of workers are now independent contractors or freelancers. And with a workforce increasingly taking on these types of jobs, companies have been forced to adopt new strategies for recruitment and retention.

In this blog post, we’ll discuss the rise of the gig economy and why it’s here to stay.

It’s an innovative way to make money

The gig economy has been one of the most transformative ideas to take hold in the 21st century. Being able to monetise one’s skills and talents, even temporarily, has been extremely beneficial for both individuals and companies who needed help along the way. From Uber drivers transporting passengers across town or Instacart shoppers doing last-minute errands at grocery stores, the gig economy has made life easier for people living in urban communities while also providing an innovative opportunity to make money. 

Whatever the industry, gig workers are making their mark. Individuals across different demographics want a chance at working for themselves and making money on their own terms. The opportunity to earn money from home or on their own schedule is a powerful lure for many people. Additionally, gig workers get a wide range of tools to manage work such as Trello. Payments are also much easier to process via platforms such as PayPal or Venmo, and direct deposit check stub makers can help generate pay stubs to serve as proof of income when workers need to report earnings.

It’s perfect for people who want flexibility in their work schedule

The gig economy is perfect for people who want flexibility in their work schedule. It’s offered by many companies in industries that were once considered unlikely to work with this type of model. A great example is Uber, which allows people who need a part-time income an opportunity to make money driving others around in their own vehicle. Lyft also offers its drivers the same chance but on demand—they are available for longer trips and more convenient pickup points.

Freelance workers may also work tasks that can be performed from anywhere, such as writing and graphic design. These types of jobs make it easy for people who don’t want to commit to an office job but still need a steady income from their careers. In addition, individuals with specialised skills or knowledge are often able to find work with companies that need the same specific skills. That’s why it’s best for freelancers who want to get their resume noticed by the right clients.

There are many opportunities available for gigs

Like any other thriving industry, there are many opportunities available for gigs. With the flexibility, ease of entry, and potential earnings, it’s no wonder why so many people are taking the gig economy seriously. When you think of the gig economy, you might think of side gigs. But it’s so much more than that—the gig economy includes freelance work and independent contract jobs as well. Gigs offer flexible hours to fit around your lifestyle, allowing you to work when it’s convenient for you. Gigs are also great opportunities for students who want to get more experience before they graduate or have bills piling up while they look for a job. 

Many gigs offer the opportunity to learn new skills and explore interests outside of your field—it can even lead to future career choices. Gigs are also great for retirees who want to make a little extra money on the side after they retire. Perhaps one of the most attractive qualities about gigs is that nothing is stopping you from trying out different things and deciding what works best for you—working in retail or food service might not be your thing. But a gig can give you the chance to try something new and see if it’s right for you.

You can find gigs on websites such as Taskrabbit, Fiverr and many others

The good thing about the gig economy is the fact that gigs are now widely available in a wide range of online and offline platforms. In fact, there are more than 100 unique websites that list gigs from individuals looking to earn a little extra money on the side by doing everything from house cleaning and plumbing jobs to videography or web design work. Some of these sites include Taskrabbit, Fiverr, Craigslist, Upwork, and more. Gigs are great for those with a specific set of skills or expertise, and they can be an excellent way to make money to pay the bills. 

Gigs also allow you to do what you love, which not all jobs will let you do (unless your job involves your passion). Gigs are also great because you can get them done quickly without having to commit full-time. This means that if you have a job or other engagements, it won’t be difficult for you to find time for gigs on the side. You can create an account on any of the sites mentioned above and immediately start browsing gigs that fit your skills. However, you’ll need to do some research before jumping into any type of work. 

It provides an opportunity to meet and network with others

You also get the opportunity to meet and network with other like-minded professionals. You can make connections that you might not have the chance of making otherwise. This can open up even more opportunities in your career future. A gig economy provides many benefits beyond just getting paid for what you know how to do best. It is an economy based on trustworthiness and reliability. There is a certain level of professionalism that goes along with being an on-call worker. 

In some cases, you have to treat your work as if it’s full-time, even though you might not be paid for the hours worked during those times when there are no gigs available. With so many people participating in the gig economy, there is a high demand for services that are used on-demand. As long as many individuals and companies continue to embrace this trend, it’s likely that you’ll be able to find gigs available throughout your career path and connect with more people.

The gig economy will continue to grow

In conclusion, the gig economy is here to stay, and it’s only going to get bigger. As more and more people opt for side jobs and embrace remote working, the percentage of freelancers will continue to grow in 2020 and beyond. Uber and Airbnb are great examples of how successful this trend has become. Both companies have achieved tremendous growth because they offer something that was previously unavailable on a larger scale.

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