Work & Employment
Pros & Cons of the Gig Economy
A job for life is increasingly becoming hard to get by in many sectors in the advanced economies. A new way of working has emerged, captured in the term gig economy. In this mode of business companies hire contingent workers, provisional employees who work for the organization on a non-permanent basis. While these workers like the flexibility, they also see significant downsides.
Description
This chart shows selected benefits and downsides of contingent work in the gig economy
Leading challenges faced by contingent workers in the gig economy in the United States in 2016
Leading benefits of working in the gig economy in Canada in 2019
Share of organizations that use contingent workers to avoid labor costs in the United States in 2016
To what degree has your organization's use of contingent workers changed in the last five years?
How do you envisage the regulatory landscape in relation to contingent workforce in your country will change?
What are the main reasons for your organization's use of contingent workers?
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