Page 10 - Gig Economy

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

Two-thirds of Indian technology enterprises hiring gig workers: Report

Software development, UI/UX design, data analytics top three skills companies need

65% Indian firms now employing gig workers amid tech talent crunch: Report

While the share of organisations employing gig workers has increased, their proportion remains less than 5 per cent of the total workforce (in companies with more than 2,000 full-time employees).

Hiring of permanent workers fell 61% in start-ups: RazorpayX Payroll report

Technology-related jobs have managed to marginally increase their contribution to the overall workforce by 4 per cent, while the hiring trend is slowing down in general

Moonlighting is a conflict of interest, says IBM to its employees

IBM has asked its employees to refrain from engaging in a second job or gig in any capacity and has declared it as against the company contract

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

Infosys allows employees to take up gig work with managers' prior consent

Several IT companies including Tata Consultancy Services (TCS), HCLTech, IBM, and Wipro have opposed moonlighting, calling it an ethical issue as well as a breach of employee code

Start-up PickMyWork says will take up 500,000 gig workers in FY23

Gurugram-based company assists clients in getting customers, saving them cost and effort

Talent Cloud will address moonlighting, says TCS CHRO Milind Lakkad

"We are trying to bring in some of these elements for a certain section of our employees. We are doing a proof of concept of creating a gig workforce within the company," says Lakkad.

Uber, Lyft slump as US proposal on workers a potential blow to gig economy

The US Labor Department's proposal will require workers to be considered a company's employees when they are 'economically dependent' on the company

Not enough delivery execs: Gig workers in high demand ahead of festivals

Companies are also giving better incentives such as instant payment throughout the year and consistent working capital flow for delivery partners

Swiggy offers free skill-based learning to gig workers, their kids

Within the first few days of its launch, 24,000 children have already signed up with the Swiggy Skills Academy

High commissions by Swiggy, Zomato have restaurants turning to alternatives

New players like Thrive and DotPe, which charge less, are emerging as alternatives

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

India's e-commerce firms hire more delivery workers for shopping season

Gig work employment, of which delivery workers and salespersons form a large chunk, is expected to reach 9.9 million in India in 2022-23, up about 45% from 2019-20

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

Will inclusion in labour code work or do gig workers need a special law?

7.7 million people employed in the sector need welfare measures hardcoded into the law, say some experts

Quality standards for gig, shared economy players soon: top govt officials

Indian Bureau of Standards also mulling adoption of ISO benchmarks; need for standardisation also arises from increasing number of complaints received by consumer affairs ministry lately

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