

Adding to that, there’s also an unmatched convenience for both sides freelancers can comfortably choose their jobs, and companies don’t have to spend extra funds on infrastructure and the built-in costs of full-time positions. Not only do freelancers have a wider-than-ever selection of jobs and services that they can offer, but companies also have an enormous range of professional, affordable talents to pick from.

No doubt, the gig economy is a tremendous benefit for both freelancers and companies alike. Also, the possibility of working on a per-job basis is an enticing prospect for many.With remote work rapidly gaining traction, many professionals prefer keeping their own schedules.So, the gig economy tends to be flexible, temporary and built on a per-job basis.Īs mentioned, a key factor in the gig economy is flexibility. While these jobs can be casual, they’re often professional, and just as serious as in any full-time profession. The gig economy allows individuals to work for companies or other individuals on a part-time, or per-job basis without the need for an employee/employee commitment. First, we’re going to need to look at their key features in more detail.

As of 2021, nearly 60 million Americans are self-employed.īelow, we’re going to further explore the gig economy vs sharing economy. And, as it turns out, the number of freelancers is increasing by the minute. More and more Americans are opting out of the 9-5 job structure that seemed to define previous generations. It’s no surprise, then, that the employee-employer relationship is one of the first to undergo changes. Why is this important? Because we live in an age where we’ve redefined work and how we relate to it. In this article, we’ll take a look at the “gig economy vs sharing economy” dichotomy to understand where they both differ and align. The emergence of the gig economy and the sharing economy very effectively signal the dawn of a new day. Understandably, the job market is not a stranger to this vast restructuring. And, with evolution also come advantages, challenges, and new ways to achieve results. It’s no understatement to say the world’s changed during these past two years.
