Is The Gig Economy A Win Solution For The Jobs Essay

Is the gig economy a win-win solution for both the outsourced workers and struggling companies to survive this economic crisis? Although it may look as though the jobs-based economy is the call of the time to alleviate the increasing unemployment rate, there are underlying implications socially and economically. A full-time job for most workers means a true sense of security with employer-provided benefits in contrast to irregular employees. Now in the gig economy, work is being disaggregated from jobs and reorganized into a variety of alternative arrangements, such as freelance assignments, consulting projects and contract opportunities among others which provide more flexibility but also with uncertainty (Mulchany, 2016). This essay intends to evaluate the implications of the flourishing â€Å"Gig Economy† by reviewing the economic aspects, the current situation, and key players. It will explore the gap of the gig economy that may be useful to promote equal benefits for all workers regardless whether a full-time or outsource worker. The path to the gig economy commenced with the advent of digital technologies through the internet in the 1990s; an explosion of the digital commerce led to the â€Å"dot-com† boom coupled with the onset of the Great Recession in 2009 (Meyer, 2016). The Great Recession marks a financial crisis that brought corporate mergers, investment bankruptcies and bank closures, which resulted in a decrease in available jobs for a large workforce. In line withShow MoreRelatedDesigning A Diverse Leadership Team1375 Words   |  6 PagesIntroduction This course on user-centered design is just outside of my field of study - or so I thought. When first embarking on the journey of design in the gig economy, I had a myopic view of what design was. I believed it would has to do with the function and look of platforms. In my studies I learned that oftentimes, intentionally or unintentionally, these platforms exclude certain groups and can create undesirable working conditions. Mitigating these outcomes needs a more holistic approach:Read MoreStarbucks Going Global Fast3760 Words   |  16 Pagesturn-off. They don’t feel wanted in a place that sells designer coffee at $3 a cup. Even the thirst of loyalists for high-price coffee can’t be taken for granted. Starbucks’ growth over the past decade coincided with a remarkable surge in the economy. Consumer spending has continued strong in the downturn, but if that changes, those $3 lattes might be an easy place for people on a budget to cut back. Starbucks executives insist that won’t happen, pointing out that even in the weeks followingRead More65 Successful Harvard Business School Application Essays 2nd Edition 147256 Words   |  190 Pagesyour GMAT score, academic transcripts, or professional laurels. While those parts of the application are significant, your essays will xii Introduction allow you to bring your charisma and individuality to life. So, steer clear of cut-and...paste jobs from the resume. Once you map out the essays, you will find the word limit excru... ciating, Although an obstacle, the word count can help you tell your story more selectively and succinctly. After all, does your employer want you to be unnecessarilyRead MoreAccounting Information System Chapter 1137115 Words   |  549 Pageschallenge the group’s answers, provide alternative answers, and chip in with additional answers not provided by the selected group. Since the group that presents is not selected until after the time has expired, students are motivated to do a good job, as they will be presenting to their peers. The value of this activity is not in arriving at a â€Å"right answer† as there are many right answers and student answers will vary. Instead, it is in thinking through the issues presented in Table 1-2 (businessRead MoreMonsanto: Better Living Through Genetic Engineering96204 Words   |  385 Pagesthe case analysis method is based on principles that were elaborated upon by John Dewey: Only by wrestling with the conditions of this problem at hand, seeking and ï ¬ nding his own way out, does [the student] think . . . If he cannot devise his own solution (not, of course, in isolation, but in correspondence with the teacher and other pupils) and ï ¬ nd his own way out he will not learn, not even if he can recite some correct answer with a hundred percent accuracy.4 The case analysis method bringsRead MoreChapter 6 – Analyzing Business Markets23838 Words   |  96 Pagesdecision-making process by which organizations establish and satisfy their needs for goods and services (difficult) p. 102 d. the practice of establishing of strategic partnerships between manufacturers and their suppliers e. the practice of buying a total solution for a problem from one seller 23. The __________ consists of all of the organizations that acquire goods and services used in the production of other products or services that are sold, rented, or supplied to other customers. a. business marketRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 Pagesschoolchildren find resources via Internet searches rather than card catalogs in school libraries. Today’s consumers also live in what has been called an increasingly â€Å"flat world† in which IT linkages across emerging, developing, and developed economies help to â€Å"level† the economic playing field (Friedman, 2005). Citizens across the globe may have access to world news online. Geographical positioning systems not only help travelers find the best route to their destination but can also facilitateRead MoreNokias Human Resources System144007 Words   |  577 Pagesis emerging around mobile phones involving very low cost components and manufacturing processes. Speed to market and attractive pricing are critical success factors in the mobile phones market. In particular, the availability of complete mobile solutions chipsets from MediaTek has enabled the very rapid and low cost production of mobile phones by numerous manufacturers in the Shenzhen region of China, which have gained significant share in emerging markets. Moreover, many mid ­range to low ­end mobile