Page 2 - Gig Economy In India

Karnataka govt set to introduce draft Bill to protect gig workers' rights

The draft Bill will reportedly ensure protections such as grievance redressal and safeguards against unjust dismissal for gig workers in ride-hailing and delivery services

Decline of 9-5 grind: Rise in number of women employees opting gig for work

The number of female consultants in India registering for freelance positions has surged by over 300 per cent in FY24 over FY22

Centre plans to extend PMSBY claims deadline for informal workers

Between August 2021 and March 2022, close to 270 million workers had registered on the e-Shram portal

India's rapidly expanding gig economy: Do we really understand it?

NITI Aayog report defined gig workers as those engaged in livelihoods outside the traditional employer-employee arrangement and classified them into platform and non-platform-based workers

What are the speed-breakers faced by Indian gig-workers on the fast lane?

The Congress party has recently promised to bring in a new law for the gig and platform economy. Take a look at the lives of gig workers as they navigate through an unregulated sector

80% people feel gig workers will overshadow traditional workforce: Report

With a steady growth in demand for freelancing jobs in the country, a report on Wednesday said that 83 per cent of respondents believe that going forward, the gig workforce will overshadow the traditional workforce. The report by staffing solutions and HR services provider Genius Consultants is based on an online survey among 1,310 employees across sectors such as banking and finance, education, FMCG, hospitality, HR solutions, IT, ITES, and manufacturing. An overwhelming 83 per cent of respondents believe that the gig workforce will eventually overshadow the traditional workforce, indicating a paradigm shift in the employment landscape, the report said. The report further said that 79 per cent of those interviewed view the gig workforce structure as more cost-effective and economical compared to traditional, permanent, and contractual talent, revealing potential benefits for businesses adopting gig models. Meanwhile, the report found that 64 per cent of employees anticipate an ...

Telangana CM announces Rs 5 lakh accident insurance policy for gig workers

Telangana Chief Minister A Revanth Reddy Saturday said the state government will provide Rs 5 lakh accident insurance to gig workers such as those involved in food delivery, and driving cabs and auto-rickshaws. According to an official release, he also assured the gig workers that the government would provide Rs 10 lakh health cover under the Rajiv Arogyasri scheme. Attending a meeting of cab and autorickshaw drivers and food delivery executives here, the chief minister said the state government will provide social security to workers in the unorganised sectors and will make a policy decision in this direction. Reddy promised that the state government would study the existing policy for gig workers in Rajasthan and introduce an effective law in the next state budget session, the release said. He also announced Rs 2 lakh financial assistance to the family of a food delivery executive who died four months ago after he fell from a building. The chief minister advised the cab and ...

Travel and tourism industry's hiring demand up 44% YoY in August: Report

Sales and business development roles have the highest hiring demand in the travel & tourism industry, and demand for gig workers, such as photographers, event planners, etc have increased by 14%

Demand for frontline jobs decreased by 17.5% in FY23, shows data

The drop can largely be attributed to global macroeconomic headwinds

Monthly income of food delivery workers fell 11% over 3 years: NCAER

The report also mentions that the food delivery platforms have helped create jobs for young workers in Tier-II and Tier-III cities

6 out of 10 IT firms hiring more gig workers as industry sees slowdown

Permanent jobs in the IT sector have seen a reduction of 5% this year as compared to last year, while the number of gig workers has increased by 40%

Demand for white-collar gig roles rises 11% YoY in March 2023: Foundit.in

This comes amid muted hiring across industries due to global headwinds and job cuts, says study

Women in informal economy have greater career aspiration than men: Study

They wanted health benefits and formal job agreement over money in their jobs

Demand for gig workers increased by 10 times in 2022, says report

Around 49 per cent of gig workers on the company's platform are under the age of 25

White-collar workers turn to gig jobs in search of better work-life balance

The demand for the white-collar gig workforce in the previous quarter has gone up seven times as compared to the same period last year

Gig workforce to add 9-11 million jobs by 2025 in India, says report

With more and more companies preferring to hire employees on project basis, a report has revealed that there is likely to be 90-110 lakh additions to the gig workforce by 2025, a report said on Wednesday. The gig economy has been one of the most pivotal economic shifts in a long time and people are choosing gig jobs because it works with their lifestyle, they can choose when and how much they work, or it allows them to earn money between jobs, global job site Indeed said in the report. According to the report, companies have also started investing in gig work platforms and processes, which indicates how integral they are to the future of jobs growth in India. A majority of the employers surveyed (58 per cent) estimate the gig workforce to grow to 90-110 lakh, or even exceed this number by 2025, the report revealed. Gig workers are freelancers or contractors who work independently, typically on a short-term basis for multiple clients. "With the emergence of app-based models for rol

High festive demand pushes up demand for gig and temp workers: Report

Over 400,000 gig and temporary workers were reportedly hired to meet the high demand during this year's festive season

52% gig workers feel work environment makes it difficult to upskill: Report

Over 52 per cent of gig workers or contract employees feel that their work environment makes it challenging for them to upskill or find new job opportunities, according to a report. According to the report by CIIE.CO, a startup platform built at Indian Institute of Management (IIM) Ahmedabad, most young respondents increasingly look towards gig economy platforms for their first jobs. However, over 52 per cent of gig workers said the gig working environment makes it difficult to upskill or find new job opportunities, it added. The report further analysed that gigs offered by platforms initially hook individuals with the opportunity of short-term income but keep them employed for prolonged periods of time in a career without a long-term growth trajectory. "Only about one in three individuals we spoke to had clear plans for shifting jobs in the near future. This was despite the vast majority reportedly working overtime in their current shifts and having no resources for up-skilling at

Gig work platform Awign raises $15 mn in funding round for expansion

Start-up assists enterprises in hiring high-skill talent on contract and manage such employees

Teenagers' share in India's gig sector grows 8 times in last 4 yrs: Report

Around 40% of the gig workers now come from the age group of 16 to 23, says a study by Taskmo, an on-demand staffing platform