Are you ready to embrace a workforce that is 50% freelance?

A long –term employee or a full-time freelancer? Here’s what you should know before you take a leap

 

The gigonomy has grown beyond one’s imagination and it’s still on the rise. According to an Intuit study, 43% of Americans will work as independent contractors by the end of 2020. It has always been predicted that people will likely switch jobs over their careers, looking for better opportunities. The gig economy is simply recognized as a natural extension of this pattern that provides a better work-life balance. Although this modern & flexible arrangement feels very synonymous with the millennial gen, a survey conducted by Payoneer revealed that in America, every 1 in 3 freelancers is over the age of 50.

 

Continue reading “Are you ready to embrace a workforce that is 50% freelance?”

Is sharing economy becoming the scaling economy for startups?

In recent years, the sharing economy or the Gigonomy has become a fascinating business trend. Companies adopting the sharing model have become adept at tapping excess capacity of both product and services and using to their benefit. With an emphasis on trust, communalism and most importantly, peer to peer transactions, Uber and Airbnb have rewritten the rules on how consumers commuted or stayed in hotels. Consumers benefit from wider and cheaper choices, ease of use and access to user reviews. Besides Uber and Airbnb, there are many other industries offering services, forming a part of the Gigonomy. Example, DogVcay – an online community that connects pet parents with pet sitters across North America or Getaround – a peer-to-peer car sharing company that allows people to borrow cars from others.

Continue reading “Is sharing economy becoming the scaling economy for startups?”