Connect with us

Economy

Gig economy workers ‘hit harder’ financially

Published

on

Half of Brits (49%) working temporarily or doing contract paid work for a mobile app or website said they have taken ‘desperate measures’ to survive financially, research by the Income Protection Task Force (IPTF) has revealed.

This includes measures such as using food banks, shoplifting, gambling, drinking or taking a payday loan – less than 10% of those not working in the gig economy admitted to living like this.

The figures also show that a quarter (26%) are living paycheck to paycheck, however this rises to 31% for those working in the gig economy.

Fuelled by the growing online marketplace, the gig economy is predicted to be worth around £43 billion globally in 2020 (according to PwC) and there are an estimated 10 million gig economy workers in the UK.

The survey of 2007 UK adults showed that more than a fifth of gig economy workers (21%) had taken out a payday loan, 14% have gambled, while another 14% had used a food bank. Alcohol has served as a coping mechanism for 13% and 8% admitted to shoplifting. Over a quarter (26%) said they have had to borrow money from family or friends between pay days.

Sick leave?

The IPTF survey found that 44% have been unable to work for longer than three months, compared to 25% who do not work in the gig economy, while 38% said they would be unable to work for no longer than three months without work and 21% could not cope for more than six months.

Of those off work, a third (33%) said it was due to accident or injury, compared to 13% of non-gig economy workers. Physical health (38%) was the biggest reason for long-term sick leave, while one in five (19%) were off due to mental health issues. Meanwhile, 14% could not work due to disability.

Evan Odell, researcher at Disability Rights UK, said: “Rather than providing workers with flexible working hours they can control, the rise of the gig economy has merely stripped away predictability of hours and earnings, and with that financial security and peace-of-mind.”

“This appears to have a particular impact on disabled workers attracted to gig economy jobs because of the supposed flexibility, only to find the stresses and lack of control can make their impairments more severe. The promised flexibility of the gig economy has benefited employers, but not employees. Disabled gig economy workers are also likely struggle to get reasonable adjustments put in place, access sick pay, become part of disabled staff networks or get employment rights support from trade unions.”

Returning to work

Four fifths (79%) of gig economy workers unable to work said they have suffer mental health issues as a result.

Thirty percent said they didn’t feel like the people assessing their ability to work took enough time to understand their situation, and 27% said they felt they had to go above and beyond to prove they couldn’t work.

To that end, 95% of gig economy workers who have been long-term sick felt pressured to return to work before they were ready – with 65% actually going back into work before they should have. This is many more than the 20% of non-gig workers who have been long-term sick and said they returned too early.

Roy McLoughlin, co-chair of the IPTF, added: “Because of the more temporary employment status of gig economy workers, their finances are likely to be hit much harder when they face ill health, and it can also have a huge impact on partners and other family members financially and emotionally. But with a little planning people can help safeguard themselves and their family from financial catastrophe.

“There are many ways that people whose work pattern doesn’t fit the standard mould can insure themselves against the financial impact of long-term ill health, that would continue to pay them an income when they can’t work – and it often costs a lot less than people think. We would urge people to seek advice from an independent life and health insurance specialist to find out the best options for protecting their income.”

Birmingham was found to have the highest proportion of gig economy workers (36%), followed by London (31%) and Glasgow (30%). Bristol (5%), Brighton (6%) and Nottingham (6%) were the cities with the fewest.

Further reading

Source link

Economy

Navigating the gig economy: finding success as a freelancer – Richmond.com

Published

on

By

Continue Reading

Economy

Gig-economy click farms surge during Covid-19

Published

on

By

Underground businesses that employ real people to facilitate fraudulent services such as fake clicks, CAPTCHA hacking and traffic inflation have seen a surge of interest in the past six months as the world has been plunged into a global recession, according to a report by fraud detection firm ClickCease.

While the dark web has copious fraud on offer, those looking to take advantage of these services need not look beyond the open web. Searching for ‘buy bot traffic for website’ or ‘buy clicks for website’ in major search engines yields tens of thousands of results. Many of these fraud instigators actually pay search engines to feature first in such search terms.

Fraudsters employ techniques of varying sophistication to facilitate this fraud, such as infecting devices with malware, taking over or spoofing IP addresses, and employing bots to generate clicks. But a new report from ClickCease has uncovered a growing economy of fraudulent marketplaces that pay real people to click on ads.

These sites operate in a similar way to gig-economy firms like TaskRabbit, employing a roster of tens of thousand of freelance workers to complete tasks. But instead of cleaning houses or assembling furniture, these workers are asked to click on ads, download apps and complete CAPTCHAs, and can earn US$100 per month to do so.

During Covid-19, such fraud marketplaces have offered a source of income to the millions of people who have been let go or found themselves in trying financial circumstances. According to ClickCease’s report, the majority of workers at such fraudulent sites come from low-income countries including India and Vietnam.

ClickCease co-founder Ilan Missulawin noted: “The underground ad click economy is only increasing in scale due to minimal enforcement and the challenges of Covid-19, as more people are being enlisted to make money without having to leave their homes.”

The 20 most prominent Pay to Click (PTC) sites, including Paidvert ScartletClicks and PTCShare, claim to have paid out more than US$13.2 million to online freelancers working in this gig economy, ClickCease found. With each worker paid 5 cents a click, this equates to 266 million ads clicked, ClickCease reports.

Traffic to these sites has surged in the past six months, ClickCease reports. One of the largest sites, NeoBux, has reached a peak of 9 million visitors per month. ScarletClicks achieved a 41% increase in traffic within six months to 1.3 million visits in September 2020. PTC Share has seen a 13% increase in traffic to 1.2 million visits a month.

Some sites offer the ability to evade detection by buying “safe” clicks. For example, Fivesquid offers $5 packages to deliver certain amounts of “safe” AdSense Clicks, such as real human visitors from the US, groups of clicks where the ‘user’  spends a minimum amount of time on a site, and clicks spaced out across a day.

Despite the fact that these sites violate Google’s terms and conditions, several vendors freely advertise on Google’s paid search terms for keywords such as “organic clicks”. For instance, Serpclix in its ad “discusses a pool of thousands of microworkers to optimize your organic CTRs and boost rankings”.

Clicks is one of the easiest advertising metrics to game. ClickCease has found that at least 15% of clicks on pay-per-click (PPC) ads through contracts with online advertising platforms, most notably Google, are invalid.

Beyond clicks, workers are employed to solve CAPTCHA verification tests, which are used to determine whether a user is a human or a robot.

One CAPTCHA-solving farm, 2Captcha, offers to solve 1,000 CAPTCHAS for $0.77 and claims to have more than 2,000 workers online at any one time. Deathbycaptcha.com offers solving rates at $1.39 per 1,000. 

Source link

Continue Reading

Economy

Global Gig Economy Platforms Market 2020 Industry Size, Segments, Share, Key Players and Growth Factor Analysis by 2025 – The Blend

Published

on

By

Global Gig Economy Platforms Market 2020 Industry Outlook – – GiggerA recent market report published by MarketsandResearch.biz with the title Global Gig Economy Platforms Market 2020 by Company, Type and Application, Forecast to 2025 includes a discussion on all major market aspects with an expert opinion on current market status along with historic data. The report contains a comprehensive assessment of the most important market dynamics. The report shows statistical and numerical data in the form of tables, graphs, and charts. It offers thorough research on the historical, as well as current growth parameters of the market, and the growth prospects of the global Gig Economy Platforms market. This market report is a detailed study on the growth, market statistics, growing competition analysis, major key players, market shares, business strategies, top regions, demand, and developments.

The report delivers a comprehensive analysis with projections of impending opportunities for the market players. The market research company uses data and excellent forecasting techniques for providing a thorough analysis of present scenarios of the market which covers numerous market dynamics. It emphasizes crucial parameters such as market scope, growth potential, profitability, as well as a holistic record of growth-promoting triggers encapsulating trends, factors, dynamics, challenges, and threats. The market has been systematically split into prominent segments inclusive of type, application, technology, as well as region-specific diversification of the global Gig Economy Platforms market.

NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

DOWNLOAD FREE SAMPLE REPORT: https://www.marketsandresearch.biz/sample-request/88302

After Buying This Report You Will Learn How To:

  • Determine your organization’s market research needs
  • Set a realistic market research budget
  • Select the type of market research that is the best fit for your organization
  • Acquire high-quality, relevant market research
  • Define what global Gig Economy Platforms market research success means for your organization

Moreover, the report utilizes various analytical tools including SWOT analysis, Porter’s Five Forces analysis to render a validated evaluation of the global Gig Economy Platforms market. The report has also listed key players’ latest developments, mergers, acquisitions, collaborations, and partnerships that have adhered to them to escalate their market. In addition, it shares details on the product’s revenue, volume sales, and global/regional price of manufactures in the market.

Major players operating in this market include: TaskRabbit, Fiverr, HopSkipDrive, BellHops, Upwork, Guru.com, Favor Delivery, Rover, Freelancer, DoorDash, Turo, Twago Enterprise, Handy

The study is segmented by the following product type: APP-based, Website-based

Major applications/end-users industry is as follows: Freelancer, Independent Contractor, Project Worker, Part-Time, Other

Regions are covered by the market report: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

ACCESS FULL REPORT: https://www.marketsandresearch.biz/report/88302/global-gig-economy-platforms-market-2020-by-company-type-and-application-forecast-to-2025

In the conclusion part, this report will provide you a clear view of every facet of the market. This report provides an in-depth assessment of the regional market analysis which includes growth factors, performance, and potential sales in the forecast period from 2020 to 2025. This market research report contains the analysis of the key raw materials, the price trend of raw materials, the manufacturing process, and key vendors of raw materials in the global Gig Economy Platforms market.

Customization of the Report:

This report can be customized to meet the client’s requirements. Please connect with our sales team (sales@marketsandresearch.biz), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1-201-465-4211 to share your research requirements.

Contact Us
Mark Stone
Head of Business Development
Phone: +1-201-465-4211
Email: sales@marketsandresearch.biz
Web: www.marketsandresearch.biz

Source link

Continue Reading

Trending

Copyright © 2019 Gigger.news.