Rest easy, gigsters: Someone is thinking about you, starting with governments around the globe that out of nowhere appear to be aware of how big of a deal gig work has become in the previous 10 years. The February 2020 Gig Economy Tracker, powered by Tipalti, analyzes recent trends and features in the mushrooming gig belt, which will involve approximately 75 million Americans before the current year-end. Put another way, which is closing a large portion of the U.S. workforce. It's also changing long-held definitions of "workday" and "payday" as gig work (and gig workers) proliferate.
A great part of the gig economy talk nowadays has to do with California's Assembly Bill 5 - referred to just as AB5 - which is basically driving large gig economy players like Uber to begin treating their gig workers more like colleagues and less like extra cogs in a machine.
Hiring On-Demand Consultants and Advisors as the Gig Economy Matures
Image source: Safety+Health Magazine
When you think about the gig economy, you most likely consider individuals shuttling around passengers or delivering food and of organizations like Uber, Lyft and Taskrabbit - organizations whose workers are, by and large, not thought of as highly talented. You may also consider organizations like Upwork & FieldEngineer whose achievement is proof the business model for freelancer worker is here to stay.
So, how would you discover these freelancers and consultants?
Start by approaching your network for referrals; somebody you trust is probably going to have the option to make an introduction. Also, all things considered, you're destined to have a successful commitment with somebody who has a reputation for delivering strategic insights.
If your system fails to find the right experts, there are marketplaces and providers of on-demand executive-level advisors like Business Talent Group, Catalant, FlexTeam, and our firm - FieldEngineer. Some outsourcing options provide thoroughly vetted executive-level Engineers; through others, you vet the workers yourself.
Life in the Gig Economy
The "gig economy" guaranteed freedom and opportunity for employees. Rather, it's delivered progressively unstable work while making it harder to practice basic employment rights ensured to workers in traditional employment. This Tyee series dives into the quick development of organizations like Uber and Skip the Dishes, and wonders whether they've made life better or for workers, where they could lead, and what should be possible to change the industry.
Find More Money:
Luckily, there has never been a better time to make extra income outside of your ordinary, full-time work. Roughly 57 million Americans are a part of the gig economy. In this way, if you have to find more income, there is a good possibility that you can increase your pay by getting a side gig. Here are some top side gigs many are utilizing to find more money.
1. Rideshare driving
2. Food and grocery delivery
3. Home Repairs
4. Online tutoring
5. Buy low, sell high (Craigslist)
6. Opt for Freelance Engineering Jobs
Financial pressure can hit anybody. If you are needing to find extra income to take care of bills, reduce debt or save something aside for future costs, there is good news for you. Never before have there been more open doors for side gigs. Start browsing for your side gig today.
SEP IRA (Simplified Employee Pension IRA): Retirement Plans to Consider
Regardless of whether you consider freelancing a side gig and not a full-time job, you might profit by a SEP IRA by saving money on taxes on independent income. You can even set up another SEP and contribute for 2019; you have until your 2019 tax deadline to do as such. Furthermore, if you have a 2019 tax extension, you can set up and contribute to a SEP until that deadline.
A great part of the gig economy talk nowadays has to do with California's Assembly Bill 5 - referred to just as AB5 - which is basically driving large gig economy players like Uber to begin treating their gig workers more like colleagues and less like extra cogs in a machine.
Hiring On-Demand Consultants and Advisors as the Gig Economy Matures
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| Gig Economy |
When you think about the gig economy, you most likely consider individuals shuttling around passengers or delivering food and of organizations like Uber, Lyft and Taskrabbit - organizations whose workers are, by and large, not thought of as highly talented. You may also consider organizations like Upwork & FieldEngineer whose achievement is proof the business model for freelancer worker is here to stay.
So, how would you discover these freelancers and consultants?
Start by approaching your network for referrals; somebody you trust is probably going to have the option to make an introduction. Also, all things considered, you're destined to have a successful commitment with somebody who has a reputation for delivering strategic insights.
If your system fails to find the right experts, there are marketplaces and providers of on-demand executive-level advisors like Business Talent Group, Catalant, FlexTeam, and our firm - FieldEngineer. Some outsourcing options provide thoroughly vetted executive-level Engineers; through others, you vet the workers yourself.
Life in the Gig Economy
The "gig economy" guaranteed freedom and opportunity for employees. Rather, it's delivered progressively unstable work while making it harder to practice basic employment rights ensured to workers in traditional employment. This Tyee series dives into the quick development of organizations like Uber and Skip the Dishes, and wonders whether they've made life better or for workers, where they could lead, and what should be possible to change the industry.
Find More Money:
Luckily, there has never been a better time to make extra income outside of your ordinary, full-time work. Roughly 57 million Americans are a part of the gig economy. In this way, if you have to find more income, there is a good possibility that you can increase your pay by getting a side gig. Here are some top side gigs many are utilizing to find more money.
1. Rideshare driving
2. Food and grocery delivery
3. Home Repairs
4. Online tutoring
5. Buy low, sell high (Craigslist)
6. Opt for Freelance Engineering Jobs
Financial pressure can hit anybody. If you are needing to find extra income to take care of bills, reduce debt or save something aside for future costs, there is good news for you. Never before have there been more open doors for side gigs. Start browsing for your side gig today.
SEP IRA (Simplified Employee Pension IRA): Retirement Plans to Consider
Regardless of whether you consider freelancing a side gig and not a full-time job, you might profit by a SEP IRA by saving money on taxes on independent income. You can even set up another SEP and contribute for 2019; you have until your 2019 tax deadline to do as such. Furthermore, if you have a 2019 tax extension, you can set up and contribute to a SEP until that deadline.
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