Gig Workers: A Comprehensive Analysis of the Rise, Challenges, and Future of the Gig Economy

Author(s)	HARIDARSHAN SINGH
Country	India
Abstract	The gig economy, defined by temporary contracts, freelance employment, and independent contracting, has seen substantial growth in the global labour market during the last twenty years. Gig workers function independently of conventional full-time employment, enjoying flexibility but sometimes missing access to benefits like job security, healthcare, and retirement plans. This study examines the evolution of the gig economy, analysing the many forms of gig employment, its catalysts, the influence of technology, and its consequences for both workers and employers. The analysis will address the issues encountered by gig workers, such as economic volatility, insufficient legal safeguards, and the ambiguity of employer-employee dynamics. The study will analyse worldwide reactions, regulatory patterns, and the future direction of gig employment considering governmental changes and technology improvements.
Keywords	Gig workers, Labour, Global, Employee
Field	Business Administration
Published In	Volume 6, Issue 5, September-October 2024
Published On	2024-10-31
Cite This	Gig Workers: A Comprehensive Analysis of the Rise, Challenges, and Future of the Gig Economy - HARIDARSHAN SINGH - IJFMR Volume 6, Issue 5, September-October 2024. DOI 10.36948/ijfmr.2024.v06i05.29525
DOI	https://doi.org/10.36948/ijfmr.2024.v06i05.29525
Short DOI	https://doi.org/g8p2vw

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