08 Apr

The Future Of Gig Economy

<!DOCTYPE html> <html> <head> </head> <body> <p dir="ltr" style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Before we discuss the future of the<a href="blog/gig-economy-of-india"> Gig Economy</a> in this article, let us first discuss what Gig economy really is. The traditional system of working as we know is a long-term employment contract with an organization for a long period of time. The gig economy is nothing but something, that is opposed to this traditional system of working. The Gig economy usually comprises people who are short-term freelancers and is not in the closest proximity of those who give them the project. </span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Before the coronavirus pandemic, the U.S Gig economy was the strongest. Many Americans relied on part-time jobs as the source of their livelihood. But, things changed after the coronavirus outbreak. The increase in the competition arising from unemployment has led to a significant change in the world’s gig economy. Let us look further into this article to see what the future of the Gig Economy really is. </span></p> <h2 dir="ltr" style="line-height: 1.38; margin-top: 18pt; margin-bottom: 4pt;"><span style="font-size: 17pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The Advantages That You Can Find In Gig Economy</span></h2> <p dir="ltr" style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">A full-time job, even though it is associated with security and stability, might not be as per everyone’s liking, or not everyone can get it. The lack of flexibility, lack of freedom, and the lack of ownership that you feel in a 9-5 job might not be preferred by everyone. </span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">When you look in this perspective, then the emerging <a href="https://taskmo.com/blog/gig-economy">Gig economy</a> has for sure helped these people to get the life they wanted on its tracks by introducing to them the concept of Gig economy. This, in turn, could help them in increasing their earnings, and the gig economy on the other hand is also a big boon to employers as hiring an employee on a contract basis is much much better than hiring a full-time employee. This way, the employer saves his money from paying taxes, workers' compensation, etc. </span></p> <h3 dir="ltr" style="line-height: 1.38; margin-top: 14pt; margin-bottom: 4pt;"><span style="font-size: 13pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The Future Of Gig Economy</span></h3> <p dir="ltr" style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">With the onset of technological advancement and the advancement that is taking place in people’s minds, the way people want to work is continuously changing. The employed youth these days are tolerable to change, risk, uncertainty and moreover, they strive to achieve some ownership at the work they do. It is very predictable that the gig economy is going to grow to a great extent. And with this growth, it is seen that organization will be pushed to turn more agile with almost no provision for an organization with full-time employees. Then the business owners have to dig deep into pools of global talents to fill in the work gaps and the one who shall be able to fill these gaps is none other than the gig workers. And this is exactly the reason why gig works are deemed to be the future of work. </span></p> <h4 dir="ltr" style="line-height: 1.38; margin-top: 12pt; margin-bottom: 2pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Conclusion</span></h4> <p dir="ltr" style="line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">In conclusion, now that we know that the future of the gig economy is seen to be growing, experts have already predicted a rise in the number of freelance assignments that are going to be coming up in the future months and years ahead. The very nature of the gig economy and its concept of flexible work has proven to be very appealing to the companies that are seeking short-term, more flexible, and cost-effective employment options during these most unprecedented economic times. </span></p> </body> </html>

06 Apr

Tips To Follow While Recruiting In The Gig Economy

<!DOCTYPE html> <html> <head> </head> <body> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The concept of the Gig economy is now on the rise. And, now that the <a href="https://taskmo.com/blog/gig-economy">gig economy</a> is already becoming a popular concept, many companies are looking forward to onboard gig workers in their company. Gig jobs are completely different in approach than the typical 9 to 5 jobs. </span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">This means that the recruitment process that happens with gig jobs is much much different than that of regular jobs. This puts forth a big challenge to the recruiters thus, making them figure out a plan for their recruitment process. </span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Here in this article, we will look into the 6 tips that you should be following while you are looking to hire gig workers for your company. </span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"> </p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><strong><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Also Read, <a href="https://taskmo.com/blog/gig-economy-of-india">More about Gig Economy Of India</a></span></strong></p> <h2 dir="ltr" style="line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;"><span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Why Do You Need to Follow A Different Recruitment Plan For Hiring Gig Workers? </span></h2> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Gig workers are not the 9 to 5 workers who are being hired. They are different. People these days are looking forward to grabbing opportunities that are given by the gig economy in order to find unique ways of living. While the concept of the full-time job also exists, it is no longer the only concept for people to generate a full-time income. </span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">This rise in alternative options for employment means that we need to rethink and change the recruitment plan for hiring gig workers.</span></p> <h3 dir="ltr" style="line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;"><span style="font-size: 13.999999999999998pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">4 Tips To Follow While Recruiting In The Gig Economy</span></h3> <h4><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Be straightforward while explaining to them the kind of job you want them to do. </span></h4> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">While you are hiring gig workers in your company, think more about what their job will be like and the kind of assets that would be required for your workers. Assets could mean, certificates, licences, references, requirements etc. These requirements should be clearly communicated so that, in the long run, it will save more time while screening the potential candidates. In case, you plan to give certain benefits and perks to the workers, you should make sure that it is communicated as well. All these could be a great selling point. </span></p> <h4><span style="font-size: 11.5pt; font-family: Arial; color: #000000; background-color: #ffffff; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Streamline Your Acquisition Funnel </span></h4> <p><span style="font-size: 11.5pt; font-family: Arial; color: #000000; background-color: #ffffff; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">If in case, your recruitment process is too long, you will be losing out on your potential workers. So it must be made sure that the acquisition funnel is set in a way that is fast and simple. In other words, it means that you need to reduce and eliminate steps that you think is unnecessary. The second most important point is that you need to keep your candidates informed at all points that, in what stage of the recruitment process are they at, and how many steps are they left to go with. </span></p> <h4 dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;" role="presentation"><span style="font-size: 11.5pt; font-family: Arial; color: #000000; background-color: #ffffff; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Support The Gig Workers In Their Work</span></h4> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"> </p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11.5pt; font-family: Arial; color: #000000; background-color: #ffffff; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The Gig workers will be the face of your organization and will be the first person who comes in contact with the customers. Therefore, it is important to include training materials, a support chat that they can refer to, jackets and helmet with your company logo for the bike riders at your company. All these things will make them familiar with your organization and make them represent your company well.</span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"> </p> <h4 dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11.5pt; font-family: Arial; color: #000000; background-color: #ffffff; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Choose a fast payment system</span></h4> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"> </p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11.5pt; font-family: Arial; color: #000000; background-color: #ffffff; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Frequent payments are something that is really essential for people who are looking forward to getting into gig works. Gigs are undertaken by people who have a hard financial situation, so a fast payout to them is absolutely necessary. As of now, what you need to keep in mind is that there are several gig jobs out there, that offers payment every week or even instantly pay their employees. Therefore, you should make sure that you should send out the invoices in under two weeks. Also, it is important to keep your workers updated as to how much money will be paid to them and when they will be paid. </span></p> <h4 dir="ltr" style="line-height: 1.38; margin-top: 14pt; margin-bottom: 4pt;"><span style="font-size: 12pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Conclusion</span></h4> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">To conclude, the Gig economy, in recent times is growing on a rapid basis and there are many who wants to shift to this kind of work. So, it is always better to have separate recruitment set in place for the gig workers in order to avoid any hassle and confusions. </span></p> </body> </html>

03 Apr

More Insights into The Gig Economy Of India

<!DOCTYPE html> <html> <head> </head> <body> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The gig economy is seen to be growing to drive the workforce in India within the next few years. To know why we take a stand on this statement, let us look further into this blog. </span></p> <h2><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">What is a Gig Economy?</span></h2> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">There are two sides of people contributing to the Gig economy. On one side there are service seekers, in other words, a service seeker is an organization who seeks demand for a specific task and then there is the service provider who in other words, is called a gig worker who will be able to perform that particular task. Tech-enabled platforms, like <a href="http://taskmo.com/">Taskmo</a> for example, connect these two sides. I.e, the service seeker and the gig workers thus making it easier to hire services for a short term basis.</span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"> </p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><strong><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> Read, <a href="https://taskmo.com/blog/gig-economy">More About Gig Economy.</a></span></strong></p> <h3 dir="ltr" style="line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Why Is Gig Working Better Than Hiring Someone For A full-time job?</span></h3> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Seeing from both the business point and the gig worker’s viewpoint, gigs always take the advantageous side. With the concept of Gig economy an organization can save most of its time and money. </span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">While hiring someone for a short-term basis, the company ain’t have to provide them with the benefits that are given for full-time employees like, paid leaves and other employee benefits. By choosing and opting to hire a Gig-worker, the organizations can onboard the best person in the company for a short period without having to go through the hassle recruitment process. </span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Also, with today’s advanced digital platforms, one is easily able to find out the resources to look for a genuine opportunity. The smart traction provided by the app these days helps businesses to benefit from the scalability and they can post a requirement for almost any job profiles and easily gain access to the required expertise whenever they need it.  It is highly flexible as they can quickly gather a team of marketing and sales executives, in-office helpdesk professionals to work together for a short duration of time.</span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"> </p> <h3 dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Gig Economy Trends In India</span></h3> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"> </p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">It is estimated that 70% of the companies in India have already implemented the concept of the gig economy in India. It is also estimated that, after the US, China, Brazil and Japan, India has emerged as the 5th largest country that has become the Flexi-staffing nation. This concept of gig-economy is slowly proving to be beneficial to both the job seekers and job providers without the indulgence of the middle man. </span></p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The future of Gig work holds great potential as it is more meaningful and most rewarding. The gig economy allows an individual to be highly responsible for the skills and knowledge possessed. Gig work focuses more on the results instead of the long processes involved in hiring a manpower resource. More works are offered in areas like beauty, fitness, plumbing and electrical repairs which opens up a world of opportunities for the freelance workforce. </span></p> <h4 dir="ltr" style="line-height: 2.148; text-align: justify; background-color: #ffffff; margin-top: 0pt; margin-bottom: 0pt; padding: 0pt 0pt 19pt 0pt;"> <span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Conclusion</span></h4> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;"><span style="font-size: 13pt; font-family: 'Times New Roman'; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">To conclude, In India, 80% of the work professionals have already used gig taskforce at least once. <a href="https://play.google.com/store/apps/details?id=com.feedmypockets">Advancement in technology and Artificial Intelligence</a> makes it even easier. Soon, when the ecosystem continues to adapt, innovate and expand these existing models it will for sure add to more significant revenues. </span></p> </body> </html>