Page 9 - Gig Economy

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

Best of BS Opinion: Platform economy, all in the family, and more

Here are the top BS Opinion articles of the day

Platform economy

Entitlement extension should be calibrated

Size of India's gig economy, the challenges it faces and possible remedies

While the tribe of contractual workers is growing rapidly, many of the challenges they have been facing remain unaddressed

Indian gig economy to have 23.5 mn workers by 2029-30: Niti Aayog report

Think-tank recommends social security for gig workers

Gig workers to account for 6.7% of India's non-agri workforce by FY30: NITI

The report titled 'India's Booming Gig and Platform Economy' recommended extending social security measures for such workers

How the dreams of thousands of Ola and Uber drivers are turning sour

Once app-based cab aggregators became popular and their driver population burgeoned, they pruned incentives and began charging drivers hefty commissions. The pandemic only made matters worse