Summary Writing - Academic English UK.

The Gig Economy Summary The text discusses the rise of the gig economy and makes an attempt to define exactly what it is. It then highlights key gig companies investigating the importance and limitations of this new contemporary employment platform. Finally, it puts forward the future challenges of the gig economy for employees, employers and society. References Oxford University (2016) Rise.

Research on the size of the gig economy, the characteristics of those participating in the gig economy and their experiences within it. Published 7 February 2018 From.

The 'Gig' economy: an OTS focus paper - GOV.UK.

Freelance gig economy workers say they cannot survive on the support offered by the government. Read more. Posted at 16:01 20 Mar. Chancellor prepares wage package rescue plan. Rishi Sunak is.A full-time job with one employer has been the norm for decades, but in recent years, the gig economy has steadily grown. A study by Intuit predicts that by 2020, 40 percent of the American.The gig-economy’s rapid growth and the development of this employment relationship has meant there is a lack of in-depth research in this area. Working in the gig-economy has both advantages and disadvantages. Recent research has been focused on the clear disadvantages of the gig-economy, concentrating on unfair workers’ employment rights.


The gig economy is a popular label to capture the idea of short-term and unpredictable work arrangements. It’s part of a spectrum of terms that describes peer-to-peer marketplaces that enable people to monetise their skills and assets. Despite its common usage, the gig economy is an ambiguous and perhaps non-ideal choice to describe recent economic shifts because musicians, freelancers, and.Surprisingly, only 63 per cent of gig workers were aware of the concept, despite operating within the environment. Here is an explanation of what the gig economy entails, as well as the advantages and disadvantages of choosing this career option. Understanding the gig economy Defining the gig economy has proven difficult. While it contains.

The gig economy is a very interesting way to make a living, and it is becoming more wide spread. Musicians have always worked in a gig economy, but there are now far more ways to make money than simply playing in a club on a Friday night. According to Vanessa Page at Investopedia, “in 2014, 91 million people worked in the gig economy” (Page). The IRS records this as nearly 30% of the.

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The 'gig economy' describes a working practice whereby individuals are paid for the 'gigs' they do rather than for their time. A 'gig' could be delivering takeaway food (for example, Deliveroo riders) or collecting and dropping off passengers (for example, Uber drivers). Gig economy businesses tend to use apps to connect individuals working for them with work.

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The Gig Economy. Order instructions Uber is largely hailed as the advent of the gig economy, which is the idea that people will not work for any one employer, but instead will work on projects for any variety of companies desiring their services. While creating a new type of entrepreneurship for individuals, it raises a host of new legal questions for companies around the law of agency. An.

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The model goes by many names—the sharing economy; the gig economy; the on-demand, peer, or platform economy—but the companies share certain premises. They typically have ratings-based.

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The rise of the “gig economy” has attracted wide attention from both scholars and the popular media. Much of this attention has been devoted to jobs mediated through various online platforms. While non-traditional work arrangements have been a perennial subject of debate and study, the perception that new technology is producing an accelerated pace of change in the organization of work has.

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What is the Gig Economy? The gig economy is made up of three main components: the independent workers paid by the gig (i.e., a task or a project) as opposed to those workers who receive a salary or hourly wage; the consumers who need a specific service, for example, a ride to their next destination, or a particular item delivered; and the companies that connect the worker to the consumer in a.

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By introducing your company’s gig economy, you’re embracing a real external threat and leveraging it to create a more skilled, effective, and engaged workforce who will remain within your organization for longer. Conclusion. The gig economy is a very real threat that HR professionals must pay attention to. As employees seek more growth.

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As the gig economy grows worldwide, these strategies are increasingly relevant. Indeed, we believe they may also be helpful to any corporate employees who are working more autonomously, from home.

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Assignment: The Gig Economy- Uber. Uber is largely hailed as the advent of the gig economy, which is the idea that people, will not work for any one employer, but instead will work on projects for any variety of companies desiring their services. While creating a new type of entrepreneurship for individuals, it raises a host of new legal.

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By contrast, where individuals are working in the gig economy in order to top up either individual or household income, they are less vulnerable to fluctuations in the amount of work available and also typically have more freedom to choose which jobs to accept and reject. 9 Employment rights Gig economy work is highly flexible and this is very much appreciated by those engaged in it, with many.

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