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ShiftPixy : The Gig Economy, Pros, Cons & How to Thrive

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Are you looking to get into the gig economy but are unsure of the benefits and drawbacks? Or even what it is? You’re not alone. Understanding the gig economy isn’t as straightforward as one would think. Especially since the definition seems to be changing daily. This article will explore the gig economy, the pros and cons, and how to thrive.


What Is the Gig Economy?

In Measuring the Gig Economy: Current Knowledge and Key Issues The National Bureau of Economic Research calls the gig economy an independent workforce that finds flexible jobs through an online platform. The global gig economy affects almost every type of position around the world. Typically, a gig economy does use technology platforms to connect temporary workers with project-based work for a set period.

Independent workers earn money by offering services needed for one-off jobs or contract work. Employers not wanting to hire a full-time employee or unable to find qualified labor, will hire these on-the-spot services, negating the necessary paperwork and the need to offer health insurance.

Yet, the convenience and ease of this ability can’t be matched. In your hand is a job recruiter offering up work in seconds. You can even work full time and freelance on the side. Or choose between a few jobs without worrying about whether or not you made the right choice.

Everyone is talking about the gig economy because it’s transformational for both independent workers and employers. It has created a new category of workers.


Why Is It Called the Gig Economy?

Understanding why it’s called the gig economy may have more to do with the term ‘gig’ than anything else. If you look up ‘gig’ in the dictionary, it will probably say something like ‘an individual job for a specified period’.

Sometimes, the gig economy is called the ‘sharing economy’ or ‘collaborative economy’ for app-based platforms that offer jobs to drive passengers, deliver food, clean homes, or cook food in a restaurant.

Since workers find jobs on online platforms most of the time, the gig economy is also called the ‘platform economy.’ Some online platforms, such as ShiftPixy, connect the restaurant gig workforce to the front of house and back of house positions in minutes. But it’s vital to understand that not all gig workers use a ‘gig platform’ to find daily gigs.


What’s a Gig Job?

A gig job in the sharing economy can be almost any type of work. Sometimes referred to as freelance jobs for both part-time and full-time workers.

If you’re a virtual assistant, you can find a gig job. Or even even a part-time professor who wants to pick up an extra class. Some gig platforms even help skilled professionals in IT or management find ready work. Some of the more common types of gig jobs include:

  • Driver
  • Food delivery specialist
  • Freelance writer or editor
  • Freelance programmer
  • Handyman
  • Cook or chef
  • Virtual assistant
  • Personal care worker


Pros Of the Gig Economy

Like any type of job or economy, there are definite pros and cons to diving into gig work. The benefits of the gig economy include flexibility, freedom, and fulfillment.


Flexibility Can’t Be Matched

When you’re an independent contractor, you’re not required to clock in and out each day at the same place. In some cases, gig workers can choose to work anywhere at any time. Gig workers choose flexible jobs to have the schedule they desire.

If you want to work only Monday through Thursday and take a long weekend, you can. Or if you choose to work through the weekend for extra cash, gig workers have this option. As an independent worker, you can choose how many hours to work each day or even when to accept a job or not. This is one of the big reasons people choose this career path.


Freedom is Never Underrated

When you work a regular job, you may not have the freedom to make decisions, choose the hours you work, or what type of jobs you’re willing to do. Gig jobs give you a myriad of personal choice in the palm of your hand.

You don’t have to worry about getting along with the boss or even if the working conditions aren’t ideal. The gig job has an expiration time and date. Gig work also gives you the freedom to try different positions, gain additional experience, and meet incredible people.


Fulfillment Brings Work-Life Balance

Traditional jobs can make you feel tied down and less fulfilled. Gig work gives you a work-life balance because you have the flexibility and freedom to be a part-time worker with full-time employment. If the job is gone tomorrow, another one will arrive. You’re in the driver’s seat.


Cons Of the Gig Economy

While the positive elements of being a gig employee can’t be matched, there are cons of gig work, including job security, benefits, and juggling tasks.


Job Security May Be Lacking

A traditional employer usually can offer job security. While nothing is ever guaranteed when it comes to working, if you do a full-time job, it’s typically long term and gives you a sense of stability. You more or less know what your monthly income will be, and you can budget accordingly. Gig jobs are one-off jobs that end the minute you clock out and can’t provide the security that some workers desire.


Health Benefits and Vacation Time

Day jobs with traditional employers can offer health benefits and paid time off whereas gig work does not. Most of the time, you have to work a full-time job to receive full health benefits, workplace protections, and vacation time.

ShiftPixy is different from a lot of gig worker apps. The ShiftPixy gig platform does offer its gig workers some health benefits and workplace protections.


Always Searching For the Next Gig

Gig work means that you are always juggling multiple jobs at once. To be successful, you will need to learn how to plan ahead. So, you should always be planning your next gig – just when you accept one position, you should be looking for the next. This can become mentally exhausting and deplete your reserves quickly. If continually looking for the next gig isn’t for you, gig work may not be ideal.

On a positive note, there is a solution to this problem. Connecting with an app like ShiftPixy makes gig searching easier. If you are serious about being part of the gig economy you can become a top-rated shifter by maintaining a good work ethic. The top-rated shifters get a steady supply of on-demand staffing opportunities.


How to Thrive

Thriving in the freelance economy is possible. It’s hard to estimate the number of workers due to how employment data is collected, but if you’re one of the millions participating in the gig economy, following these tips will help you be successful.


Prepare for Variable Income

When you’re juggling multiple jobs, you may not know exactly how much money you’ll make each month. One month your income soars, and then the next month it tanks. Unlike full-time employees, you have to plan for variable income over the long term. This can be tricky at first, but once you learn to stick to a budget, you can ride the ups and downs.


Save For a Rainy Day

Since your income may vary, you need to have a robust savings plan. The general rule of thumb is to save 15% of your gross pay. This can be challenging for some if your income is lower that month.

But if you have a rainy day or emergency fund, you can ride out dry spells or feel secure knowing you can pay your bills if the freelance jobs are lacking that month. And don’t forget you still need to think about saving for retirement.


Remember to Pay Taxes

Independent contractors still have to think about paying taxes. You’re required to make quarterly contributions to the IRS, and if you don’t, you’ll pay the entire amount plus a penalty when you do file your taxes.

The gig economy is transforming what being an employee means and creating an agile workforce with freedom, flexibility, and fulfillment. Thriving in this type of economy takes preparation, planning, and saving. Millions are making it work, and so can you. Join ShiftPixy to discover how.


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Uber, Lyft drivers strike to win labor rights for US gig workers, Auto News, ET Auto

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Labor organizers want to roll back a 2020 California ballot measure that cemented gig workers as independent contractors after their drive firms mounted a $200-million campaign against a state law aimed at forcing them to treat workers as employees.
Labor organizers want to roll back a 2020 California ballot measure that cemented gig workers as independent contractors after their drive firms mounted a $200-million campaign against a state law aimed at forcing them to treat workers as employees.

Los Angeles: Drivers for Uber and Lyft have staged strikes in cities across the United States, urging Congress to grant gig workers the right to band together and push for better wages and working conditions.

Wednesday’s protests – from California to Maryland – reveal an increasingly fractious dispute over how gig workers should be regarded by law and what rights they deserve at work.

The question is under debate in Congress as lawmakers wrangle over whether the self-employed can bargain collectively as part of a wider Protect the Right to Organize Act (PRO Act).

“We want a seat at the table,” said driver Alvaro Bolainez, part of a 50-strong protest at Los Angeles airport.

Bolainez urged his fellow drivers to turn off their apps and lay down their keys, saying his pay was consistently and unilaterally cut by the rich ride-sharing companies he serves.

“It’s like a rollercoaster – one week I can make $1,000, the next I’ll make $400 working the same number of hours,” he said.

A spokesperson for Lyft said in an emailed statement that the company is “fighting to expand benefits and protections for drivers in a way that allows them to keep their independence. This is the type of forward-looking approach our drivers want.”

Uber referred questions to the Protect App-Based Drivers and Services Coalition, a pro-industry group, which said most driver earnings were on the rise in California.

It also sent remarks from drivers who oppose the strike.

“I treat it like it’s a business and I drive smart,” said 65-year-old Jim Pyatt, a part-time driver in California. “I never make less than $35 an hour and I love the flexibility.”

But at the L.A. rally, drivers told a very different story – recalling days when earnings lagged the minimum wage, of idling roadside for hours or paying out of pocket for vehicle repairs.

Labor organizers want to roll back a 2020 California ballot measure that cemented gig workers as independent contractors after their drive firms mounted a $200-million campaign against a state law aimed at forcing them to treat workers as employees.

A Reuters calculation found the 2020 measure had saved Uber and Lyft $392 million each in costs such as payroll taxes and worker compensation.

“It created a second-class status for all app-based workers in California,” said Nicole Moore, a rally organizer who urged the Senate to pass the PRO act when it votes on a multi-trillion dollar spending package under negotiation.

The law would, among other measures, reclassify many independent contractors as employees for the purpose of collective bargaining, though not for wage laws and benefits.

Veena Dubal, an employment law professor and critic of gig company practice, said with debate fomenting over worker rights, the West Coast was a microcosm of a far bigger problem.

“Although the action is centered in California, it’s really workers over the country participating because they know California is the epicenter of the business model, but the companies are trying to export it elsewhere,” she said.

In recent months, gig firms have courted unions and state officials in an effort to cement their workers’ status as independent contractors in all U.S. states so as to cut costs.

Read more:

Under the proposal outlined in a regulatory filing with the California Public Utilities Commission (CPUC), the penalty would be reduced to $150,000, but Uber would pay $9 million to support a state victims’ fund and help create industry-wide safety and reporting standards.



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Gig workers rally in Fresno in support of Right to Organize Act

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FRESNO, Calif. (KFSN) — Rallies were held across California earlier this week in support of the Right to Organize Act that is currently stalled in the State Legislature.

One of the demonstrations was held in downtown Fresno at city hall Wednesday afternoon.

A nationwide strike is underway among rideshare, and delivery drivers, including DoorDash and Uber Eats.

Organizers said they’re pushing for the right to organize and form a union to gain more benefits.

Proposition 22 was passed in November of last year, which made rideshare drivers and other gig-workers independent contractors.

However, rally participants said that’s not exactly how it works.

“Independent contractors don’t get treated like second-class workers. They’re not independent contractors if they don’t have the right to negotiate the terms of their contract,” said volunteer organizer Hashid Kasama.

A spokesperson for the Protect App-based Drivers and Services Coalition said that since Prop 22 passed Uber Driver’s earnings are up in California’s two largest markets.

Copyright © 2021 KFSN-TV. All Rights Reserved.



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Micromax Next Product, In 2B Will Be Aimed at Gig Workers

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Micromax IN 2B

It seems that Micromax is gearing up to launch a new handset in India, as is evident by a teaser released by the company on Twitter, that reveals the launch date of July 30 for the same.

Going by the teaser released by Micromax, the upcoming handset will offer smooth performance, long battery life with the focus group being Gig workers. The teaser does not reveal the name of the handset, but we can expect it to be released as the Micromax IN 2B in India, as the device was spotted on Geekbench in June.

What do We Know About the Micromax In 2B,2C?

At that time, the benchmark listing had revealed the main specifications of the device ahead of the launch. This device will be succeeding the Micromax In 1B smartphone.

According to a report by The Mobile Indian earlier this week, Micromax seems to be planning to launch the Micromax In 2B in India by the end of July.

Now, the teaser of the arrival of the new handset on July 30th has further provided us with solidified proof of a new offering from the company. As mentioned earlier, the Micromax 1N 2B visited Geekbench last month. Benchmark details wise, the Micromax In 2B will come with a Unisoc T610 octa-core SoC. The device is also expected to opt for 4GB of RAM. Software-wise it should run Android 11 out of the box.

The Geekbench test revealed that the Micromax In 2B managed to score 350 points in the single-core test and 1204 points in the multicore test. To recall, the Micromax 1N 1B was launched by Micromax earlier in 2020 in November. The device opted for a 6.52-inch IPS LCD display with HD+ resolution and a 20:9 aspect ratio.

Performance-wise the handset was powered by the octa-core Helio G35 SoC. Optics wise the 1N 1B used a dual-camera setup with a 13MP primary sensor and a 2MP secondary camera. The phone used a massive 5000mAh battery with 10W charging.

The report also mentions that the company could release the Micromax In 2C in India next month, with a Geekbench listing confirming the same. The listing revealed that the In 2C could ship with an Unisoc T610 processor with 4GB of RAM. The phone could run Android 11 out of the box.



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