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It can be challenging to determine exactly how many working adults are participating in the gig economy. This all because of the flexibility of work, freedom, and many other benefits too but there some drawbacks also. Learn more:
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The ups and downs of the Gig Economy: The rapid increase in temporary work arrangements, collectively known as the family economy, has offered people flexible work arrangements and a way to earn extra money with the press of a button. This growing sector of the US economy has been praised and denounced with the same enthusiasm: advocates say the economy creates additional opportunities, while detractors claim that concerts represent a specific type of exploitation. Regardless of the perspective, gig economy workers are upsetting old industries and changing the relationship between the worker and the employer. As the concert economy becomes more frequent and extends to more sectors, the waters have become murkier. Here we take a look at what the economy means for workers and businesses, and how to get a "good job." Gig's work: The gig workers come with a set of advantages and disadvantages for workers. For starters, gig workers benefit by gaining more freedom over their schedule and the type of work they create. That independence is refreshing for some workers. For those who work in the concert economy, this lifestyle provides more flexibility since those who work in 'gig' can work where they want, how they want and when they want. This attracts many, including our great millenary workforce. The other side of the coin is not so glamorous. Gig workers also run the risk of inconsistent employment, which means they must either pursue their own independent work or hurry in the space on demand. Another drawback is while working in as a gig is that employees must keep a record of their own taxes. The employer For employers, the gig economy is also an opportunity to hit or lose. On the one hand, the benefits of using freelancers are many. Find a good job: Some workers have had trouble finding a "good" gig - one that includes fair compensation and a potential path to full-time employment. There are several ways to identify and differentiate a good gig from a "bad" or one with no way out. By being attentive to these signs, the employees of a gig economy can cling to a company that not only takes care of them in the short term but also opens up opportunities for progress and more independent work in the future. Find a company that offers full-time conversion services: There are few incentives to stay with one company if they only offer small bonuses for specific jobs without any benefit. Point to a company that rewards your experience with full-time positions later in the line.
Try to be treated as an employee, even if he is a contractor: Just because they pay him for the work does not mean you have to settle for an employer who doesn't care about you. Look for companies that facilitate workers with their employee benefits including affordable health insurance, saving plans, complementary medicine, and much more. Bigger is not necessarily better: Starting with the smaller companies can provide a personal connection that does not exist in big companies like Handy or Uber, which, conversely, allow you to earn more.