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Malaysian App & Newsletter For Finding Gig Economy Jobs

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By 2017, the youth unemployment rate in Malaysia had reached 10.9%, triple the national rate of 3.3%.

As of 2018, 11.18% of youths were unemployed.

It’s clear that more and more youths are finding it difficult to land a job. And even if they do, the income may not be enough to keep up with rising living costs.

While it will take more than one startup to solve this problem, TheKedua is trying to help people earn some extra income by connecting them to our local gig economy.

Vulcan Post spoke with Akif Jamaludin, co-founder and CEO of TheKedua, as he told us how they are accomplishing this, starting with a simple e-newsletter.

The Gig Is Up

The name TheKedua, came from the Malay words for ‘second job’, or ‘pekerjaan kedua’.

Fitting, as the idea first came about from Akif’s own struggles back in 2017, when he was working in the financial sector.

He did not have a sustainable income which led him to search for a second job.

“My low starting salary was not able to keep up with the
high cost of living in Kuala Lumpur. So I had to figure out ways to earn
additional income while working on a full-time basis with the bank,” Akif
shared.

So he went where most of us would go, Google.

What he found were gig jobs and gig job sites like GoGet, Udemy and Moola. Jobs that allowed for flexible enough working hours that he could still pursue his full-time job and lifestyle.

That’s when he said he had a light bulb moment.

“After much consideration and countless interviews, I realised that the list of companies I possess was special as many people were not aware of the existence of these gig companies,” he explained.

Image Credit: TheKedua

Alongside co-founders Ahmad Aizuddin, Arif Azmin and Naqkhaie Jaznin, he set out to change this.

Together, the team compiled publicly available information on side
income opportunities in Malaysia, and distributed that information through
their newly developed TheKedua email newsletter.

“Back then, I didn’t have much chance to contribute back to our beloved country. But what if this time, I could help more people out there?” he said.

“Especially fresh graduates, to earn income while waiting to land the right job, or at least they could earn something while being unemployed.”

And thus, in 2018, TheKedua was born under the newly founded company, Bright Space Ventures.

Sparking Change

While TheKedua caters to tertiary education students, Akif welcomes everyone to make use of their services.

To date, TheKedua has identified up to 200 jobs across 13 sectors under the gig economy. These jobs include e-hailing services, freelance designers, tutors, survey takers and more.

These gig jobs pay an average RM50 to RM5,000 and above per month.

Image Credit: UITM / TheSparks

It’s important to note that unlike job portals, TheKedua merely
shares these opportunities with their users and does not actually handle the
application process, so you would still to contact the employer yourself.

Or as Akif describes it: “TheKedua is like an online Yellow Pages.”

While TheKedua believes in “small changes, leading to big differences,” I have my doubts on whether an “online Yellow Pages” can make a big enough dent on the unemployment issue.

But, Akif is quick to point out that the newsletter is only a minimum viable product to validate whether people need this service, and that TheKedua fully intends to expand beyond this system.

To that point, TheKedua has its own education arm called TheSparks which organises outreach programmes at local universities.

Image Credit: TheKedua

These programmes teach students life hacks, knowledge and skills, with the goal of making them more employable.

“Not
only do we show the students where to fish. We also teach them how to fish via
TheSparks. Since September 2019, we have touched more than 2,000 lives, and the
numbers keep rising,” he explained.

App-lying Themselves

TheKedua has also launched a beta version of a mobile app on Apple
Store and Google Play on December 15, 2019.

Taking a page out of Tinder and SlingApp’s playbook, jobs are displayed to you one by one. Then you can either swipe left to skip them, or swipe right to save the job.

Again, you will have to contact the employers yourself to apply.

You can find all the standard info you can expect from a job
portal such as job scope, benefits and requirements, but as these are gig jobs,
 salaries are usually labelled as ‘Flexible
Rates’.

Users can also review and give star ratings to employers. TheKedua
will then analyse the feedback and remove jobs that are below a 3-star rating.

Since the app is in Beta, do expect the app to have its fair share
of kinks that need to be worked out.

For instance, it took a while for the jobs I saved to show up in my ‘Saved’ jobs tab. It was long enough (about 15 minutes) to make me think that the feature didn’t work before I just so happened to check one last time.

No Assumptions

For now, TheKedua relies on mobile app advertisements and paid outreach programmes such as TheSparks to earn revenue.

Akif shared that building their tech infrastructure required quite a large sum of money, but fortunately, they managed to raise more than enough funds to kickstart its development.

“We want to build a platform that the beneficiaries need, not to provide a service that we think they need,” he said.

Their current strategy is to continuously validate their assumptions, get feedback from their beneficiaries and to keep strengthening their tech infrastructure as well as services.

“As a social enterprise, we are thankful that there are many players in the market, championing the same objective. We believe that no one can help everyone, but everyone could help someone,” he concluded.

  • You can read about other Malaysian social enterprises we’ve written on here.

Featured Image Credit: TheKedua

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Gig Based Business Market 2021 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2026 – The Bisouv Network

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Credible Markets

The Global “Gig Based Business Market” Research Report Provides a Detailed Analysis of Market, Based on Competitive Intensity and How the Competition Will Take Shape in Coming Years.

The report titled on “Gig Based Business Market Assessment, With Major Companies Analysis, Regional Analysis, Breakdown Data by Type, Application and Forecast to 2021-2026” firstly introduced the Gig Based Business basics: Definitions, Classifications, Applications and Market Overview; product specifications; manufacturing processes; cost structures, raw materials and so on. The report takes into account the impact of the novel COVID-19 pandemic on the Gig Based Business market also provides assessment of market definition along with the identification of topmost prominent key manufactures are analyzed emphatically by competitive landscape contrast, with respect to Price, Sales, Capacity, Import, Export, Gig Based Business Market Size, Consumption, Gross, Gross Margin, Revenue and Market Share. Quantitative analysis of the Gig Based Business industry from 2015 to 2020 by Region, Type, Application and Consumption assessment by regions.

Get Free Sample PDF (including full TOC, Tables and Figures) of Gig Based Business Market [email protected] https://crediblemarkets.com/sample-request/gig-based-business-market-956393?utm_source=Sanjay

The research report also assists the companies functional in the global Gig Based Business market in understanding the existing market trends and, thus, shaping their businesses accordingly. It further analyzes the past and the current performance of this market and makes future projections on the basis of these assessments. It also evaluates this market from the perspective of the existing market chain, using the data about the import and export and the sales dynamics of the products available in this market across the world.

Market Segmented are as Follows:

Based on the type of product, the global Gig Based Business market segmented into:

⦿ Website-Based
⦿ APP-Based

Based on the end-use, the global Gig Based Business market classified into:

⦿ Freelancer
⦿ Independent Contractor
⦿ Project Worker
⦿ Part-Time
⦿ Others

And the major players included in the report are:

⦿ TaskRabbit
⦿ Guru
⦿ Rover
⦿ HopSkipDrive
⦿ Freelancer
⦿ Fiverr
⦿ Favor Delivery
⦿ Upwork
⦿ DoorDash
⦿ BellHops
⦿ Turo

Buy Now This Research [email protected] https://crediblemarkets.com/reports/purchase/gig-based-business-market-956393?license_type=single_user

Impact of COVID-19 on Gig Based Business Industry: Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2021-2026), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well.

Credible Markets

Gig Based Business Market: Regional Analysis Includes:

⇨ Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
⇨ Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
⇨ North America (the United States, Mexico, and Canada)
⇨ South America (Brazil etc.)
⇨ The Middle East and Africa (GCC Countries and Egypt)

Do You Have Any Query Or Specific Requirement? Ask to Our Industry [email protected] https://crediblemarkets.com/enquire-request/gig-based-business-market-956393?utm_source=Sanjay

Table of Contents

Global Gig Based Business Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin

Chapter 1: Market Scope

1.1 Product Details and Introduction
1.2 Gig Based Business Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Market Share & Six-Year Compound Annual Growth Rate of Major Market (CAGR)

Chapter 2: Global Gig Based Business Market Industry Analysis

2.1 Sector Breakdown Assessment, 2015-2026
2.2 Market Assessment by Type
2.3 Market Size Analysis and Forecast, by Application

Chapter 3: China Gig Based Business Market Estimates & Forecasts

Chapter 4: EU Gig Based Business Market Estimates & Forecasts

Chapter 5:  USA Gig Based Business Market Estimates & Forecasts

Chapter 6: Japan Gig Based Business Market Estimates & Forecasts

Chapter 7: India Gig Based Business Market Estimates & Forecasts

Chapter 8: Southeast Asia Gig Based Business Market Estimates & Forecasts

Chapter 9: South America Gig Based Business Market Estimates & Forecasts

Chapter 10: Value Chain (Impact of COVID-19)

10.1 Gig Based Business Market Value Chain Analysis
10.1.1 Downstream
10.2 COVID-19 Impact on this Industry
10.2.1 Industrial Policy Issued Under the Epidemic Situation
10.3 Driver
10.4 Opportunity

Chapter 11: Competitive Analysis

11.1 Key Information
11.2 Service/Solution Introduction
11.3 Financials
11.4 Business Dynamics

Chapter 12: Research Conclusion

Access Full [email protected] https://crediblemarkets.com/reports/gig-based-business-market-956393?utm_source=Sanjay

Report Includes Following Questions:

➊ What is the anticipated growth rate of the global Gig Based Business market in the forecast period?
➋ Which regional segment is estimated to account for a massive share of the global Gig Based Business market?
➌ What are the primary driving factors of the global Gig Based Business market?
➍ What are the vital challenges faced by the prominent players in the global Gig Based Business market?
➎ Which current trends are likely to offer promising growth prospects in the next few years?
➏ How is the competitive landscape of the global Gig Based Business market at present?
➐ What are the key driving factors of the global Gig Based Business market?
➑ How has the covid-19 impacted the growth of the market?
➒ Which latest trends are anticipated to offer potential growth prospected in the coming years?

The report also covers, the trade scenario, Porter’s Analysis, PESTLE analysis, value chain analysis, company market share, segmental analysis.

Contact Us:

Credible Markets Analytics

99 Wall Street 2124 New York, NY 10005

US Contact No: +1(929)-450-2887

 Email:[email protected]

https://bisouv.com/

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Ed Willing: Gig workers in Wisconsin deserve portable benefits | Column

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NerdWallet Rideshare Insurance (copy)

Through methods such as contributions from workers and their respective companies, consumers or the government, portable benefits would revitalize our antiquated social safety net and protect the flexibility that we depend upon every day.




This last year has undoubtedly been hard on Wisconsin and the rest of the country, as we’ve seen record high unemployment rates in response to the COVID-19 pandemic. Because of these trying times, many Wisconsinites have turned to app-based work to keep their heads above water.

Though I started driving for Uber in Milwaukee two years ago, during the pandemic I have a firsthand view of how app-based platforms bring positive change by both providing jobs to those in need and helping people in our communities. Whether someone needs a ride to work or groceries delivered to their families, app-based workers use platforms such as Uber and Instacart to help those around them.

One of the main reasons I decided to work in the gig economy was the flexibility it offers. I can make my own schedule each day, and I have experienced freedom that no other job has ever been able to provide me. As a single dad trying to get by during the pandemic, that flexibility has been more important now than ever, because I have been able to balance my work life with my son’s virtual schooling.

As someone whose primary income comes from app-based work, however, I recognize a huge hurdle faced by some gig workers — the absence of a consistent benefits system.

Unlike many full-time employees, many gig workers don’t receive benefits like health insurance or workers’ compensation through their employers. Personally, I tried to hold out on health insurance as long as I could, but without a reliable, affordable way to obtain benefits, I eventually gave out and was forced to turn to a costly health insurance program.

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Gig Wage Founder Craig Lewis Aims To ‘Drive Economic Empowerment’ – Crunchbase News

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The gig economy has a champion in Craig J. Lewis.

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The Gig Wage founder started the fintech payroll company focused on gig workers and contractors in 2014. Seven years later, the Dallas-based company has raised $13 million in funding and found success in helping 1099 workers navigate their working world, Lewis told Crunchbase News.

The “gig economy” is a free market system in which organizations and independent workers engage in short-term work arrangements. It is estimated that more than 60 million people in the U.S. are gig workers, and that a majority of workers will be by 2027. Meanwhile, the MBO State of Independence study points out that full-time independent workers in the U.S. contributed $1.21 trillion of revenue to the economy.

Based on the current economic environment, Lewis expects this number to only increase.

Lewis spoke to Crunchbase News about the economy, its future and his push for more diversity in fintech. The following was lightly edited for clarity and length.

Craig J. Lewis, founder and CEO of Gig Wage. Photo courtesy of Jae Oates.

What was the driver behind starting Gig Wage?

Lewis: When we started in 2014, it was a different company, and then we pivoted. I read about the gig economy in a study that McKinsey did. Back then we had a different payroll technology, but it dawned on me in 2016 that we could solve the payroll problem for gig workers in a unique way. Our purpose, our North Star, is to drive economic empowerment. It’s not just about gig or freelance work, but to drive economic growth for companies, employees and shareholders. We are perfectly positioned to drive this in true value all the way up and down the gig stack by helping drive the efficiencies of how money moves — increased activity, more spending, saving and earning — the gig economy can be the catalyst. We are building the bank of the gig economy so they can bank the entire economy.

You wrote a guest commentary for us in January about using your Techstars Demo Day pitch time to advocate for investing in Black founders. What kind of response did you receive?

Lewis: The vast majority was positive. People were motivated by it. I think that type of dialogue and stand is needed more from people in the actual doing of the actual work. I don’t have to wait until I exit or pre-IPO, I am in it now, I have a good perspective and can take these bold stances. We can talk about this stuff now; so what if people get uncomfortable? There are more conversations to be had this year.

What was the driver for you to do that?

Lewis: It was a knee-jerk reaction to the death of George Floyd and people talking about waiting on the investment community to figure it out. It is going to take time and it might not happen. Black entrepreneurs and investors will enter and make it happen for ourselves. Our excellence and brilliance will be funded. We are an undeniably great investment opportunity, but it has to be driven by entrepreneurs. Venture capital is phenomenal for wealth creation, but the foundation is already built and set. I get a lot of decks asking for money from emerging funds, Black investors raising funds and helping them get access to limited partners, so there is a lot of activity there. The driving factor is entrepreneurs. If anything is going to happen, it is going to be on entrepreneurs. I call out to Black entrepreneurs to continue to be bold and audacious. Our job is to go out, tell our narrative, get them funded and get customers serviced. If you depend on investors, it is never going to happen. If it doesn’t happen, I am going to be beating a lot of pots and pans to make it happen.

Having been around for seven years, how have you seen the fintech sector change during this time?

Lewis: Fintech is phenomenal and an intersection of finance and technology, and it is in the early innings. I have been in payroll and payments for 10 years, diving in as an entrepreneur since 2014. The peaks that are going on, like crypto, ICOs [Initial Coin Offering], headless banking, but I’d love to watch when chatter dies down because that is when innovation happens. It’s exciting to see Black entrepreneurs get into this space. With more Black, brown and woman entrepreneurs at the table, the better it is for the overall consumer. If you think of who is underbanked and who has experienced the problem, the more diversity there is in fintech will help the narrative.

The global pandemic forced many people into unemployment. What does the future hold for gig and 1099 workers?

Lewis: I’m excited about this opportunity. It is not perfect by any means, but meets you where you are. There is opportunity for improvement. Technology is driving behaviour, and legislation is going to catch up. At least, I hope it will — it is not perfect, but it is absolute, so let’s improve and not make it what work used to be. We need a hybrid between a social safety net and what is traditionally tied to employment, such as access to new benefits. People are already getting paid in new ways. This is an exciting time to be in on it.

Illustration: Dom Guzman


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