Gig Economy Trend
A gig economy is a free market system in which temporary positions are universal and organizations contract with independent workers for short-term job offers. In other words, individuals are able to select temporary jobs and projects on a worldwide scale.
A study by Intuit predicted that 40 percent of American workers would be independent contractors by 2020. In this digital age, the workforce is increasingly mobile and work can increasingly be done from anywhere.
In a gig economy, the employer is able to contract with experts for specific projects who might be too high-priced to hire in the long-term.
The bonus of gig economy: Better work-life balance
The gig economy reflects a shifting cultural and business environment, which also includes the sharing economy, the gift economy and barter economy.
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