Is the “Gig” Economy For You?

Are you taking advantage of the new gig economy between jobs? Many have, and it’s all part of how technology and the Internet are affecting how we live and work.

The “gig economy” refers to working numerous gigs instead of just one full-time job. A gig may take the form of freelance work, temporary contract assignments and working when and as much as you choose.

Connect with Gigs Via Your Smartphone

Many of these jobs are facilitated by Internet sites and smartphone apps. There is increasingly less of a need to go to a physical location or interact in person with your employer. Many gig economy transactions are conducted entirely online; however, some of the services are performed in the “real world”.

Some examples of gig economy jobs are Uber driver, grocery deliverer (Deliveroo), errand runner or courier. However, jobs that were traditionally done in an office are becoming a part of the gig economy as well. Some examples include freelance writer, videographer/video editor, music producer and contract work such as electrician, plumber, and carpenter.

Gig Workers Trade Benefits For Freedom and Flexibility

While those who embrace the gig economy love the flexibility offered by this kind of lifestyle, its detractors point out a number of flaws and downsides. For example, few of these jobs offer benefits to their employees. Workers in the gig economy must often find their own health insurance. These jobs also rarely offer retirement benefits, paid vacations, sick leave or other traditional workplace protections.

Being self-employed requires a number of key qualities, including discipline, organizational skills, the ability to meet deadlines, and being a self-starter. If you have these qualities, then a “gig” lifestyle just might be for you. At the very least, it could offer a way to fill the gap whilst you continue to search for more traditional employment.