In January 2021, 34% of workers reportedly participated in the gig economy. That number is up 2% in 2022 as more workforce migrates to gig-based work. While most gig workers work a part-time and full-time jobs, there has been a recent rise in the number of full-time gig workers. This sudden influx of workers has resulted in the development of several new platforms to facilitate and coordinate interactions between freelancers and businesses, one of which is GigEcoin.
At first glance, employers may feel disappointed in this trend and perhaps even worried. However, there are some advantages to this shift in employment. Freelancers aren’t paid benefits, and project-based work means that employer costs are greatly reduced due to not paying a full-time salary, health insurance, or a retirement plan. It can also be quite beneficial if a fluctuating workload may demand a varying schedule.