You cannot give it a definition, even there is a definition: A gig economy is an environment in which temporary positions are common and organizations contract with independent workers for short-term engagements.
People would like to work in their own style - whatever age. Dealing with different age and background, such as many younger workers all around the world now want to work differently than their parents did - work in cafe, quiet out door; mother of two kids would like to work at home more than office; grandpa and grandma would like to work again with their own soho office. - Thanks to the internet.
Businesses reward a relative lower labour cost - they are low rate but valuable, they are casual but professional. One of the reading has pointed out that the gig economy, as reflected by nonemployer firms, is significant and growing fast. Overall, there has been a clear surge in nonemployer firms’ — a measure of contractor and freelance individuals — business activity in the last decade, which almost certainly reflects, at least in part. - Thanks to online platform.
Management and legalities will be changed. There is nothing to afraid this new type of new workforce, but be prepared. For small business is moving to new HR solutions, adjust the productivity with new management and maybe need a new look at legalities for your business.
In conclusion and opinion, as there are many statistic shows Gig Econ is growing and the Gig is benefit to startup, SME business and different age of individual workforce. So time to action, and also good to think about the security and confidential issue in next, because a good change is not easy as talk.
More Readings:
1. How The Rising Gig Economy Is Reshaping Businesses
2. Tracking the gig economy: New numbers
3. What is gig economy
4. The Growing Gig Economy’s Impact On Small Business
5. What Is the Gig Economy, and What Does It Mean for Business Owners?
6. 14 hobbies you can turn into a lucrative side gig
7. Explosion of gig economy means there's an app for juggling jobs
8. The Gig Economy: Boon for Companies, Bust for Workers
9. Meet The Gig Economy Companies That See Investing In Workers As A Smart Business Strategy
Image credit to : ikea
