Posts filtered by tags: Gig Economy[x]


 

The 5 Ways the Creator Economy Rhymes With the Gig Economy

Despite being widely attributed to Mark Twain, there's no evidence he said: "history doesn't repeat itself, but it often rhymes." But it sure sounds like him. And, in our opinion, this aphorism nicely describes how the recent surge of excitement about the creator economy "rhymes" with what happened with the sharing and gig economies back in 2012-2015. Here are the key ways we see them rhyming: 1. The Dream Both the creator economy and the gig economy are based on "the dream". In the case...
Tags: Instagram, Sales, Mark Twain, Freelance, Gig Economy, Yang, Independent workers, Artisan Economy, YouTube TikTok, Creator Economy, Substack Patreon


‘More than a job’: the meal delivery co-ops making the gig economy fairer

Across Europe, worker-led delivery collectives are springing up to reclaim control from corporate platformsCristina González did a lot of waiting in 2018. Back then, the 29-year-old was a courier for the Spanish food delivery platform Glovo in her Basque home town, Vitoria-Gasteiz. She talks about feeling as if she was on standby the whole time: “You’re effectively having to be working constantly.”While Glovo serves restaurants, customers can also order from supermarkets. This, Gonzalez says, wa...
Tags: Europe, Business, Germany, Spain, World news, Gig Economy, Gonzalez, Vitoria Gasteiz, Glovo


Daily Crunch: Biden’s labor secretary says gig workers should be reclassified

The Biden administration hints at gig economy changes, Blue Origin will be taking passengers and we interview Jim Belushi about weed. This is your Daily Crunch for April 29, 2021. The big story: Biden’s labor secretary says gig workers should be reclassified The Biden administration’s labor secretary Marty Walsh recently said in an interview with Reuters that he’s “looking at” the gig economy. “In a lot of cases gig workers should be classified as employees,” Walsh said. “In some cases they ar...
Tags: Google, Tech, Policy, Zynga, Ibm, Jeff Bezos, Biden, Fintech, Gig Economy, Blue Origin, Reuters, Walsh, Safeway, Marty Walsh, Jim Belushi, Belushi


Biden’s labor secretary thinks many gig workers should be reclassified as employees

Biden Labor Secretary Marty Walsh charged into the white hot issue of the gig economy Thursday, asserting that many people working without benefits in the gig economy should be classified as employees instead. In an interview with Reuters, Walsh said that the Department of Labor is “looking at” the gig economy, hinting that worker reclassification could be a priority in the Biden administration. “… In a lot of cases gig workers should be classified as employees,” Walsh said. “In some cases they ...
Tags: Amazon, TC, Labor, Congress, Government, Employment, America, Tech, Economy, United States, President, Biden, Federal Government, Gig Economy, Walsh, Marty Walsh


Truckers Fall Under California Gig Economy Law, Court Says

SAN FRANCISCO (AP) — California’s gig economy law applies to some 70,000 truck drivers who can be classified as employees of companies that hire them instead of independent contractors, giving them a right to overtime, sick pay or other benefits, a federal appeals court ruled Wednesday. The 9th U.S. Circuit Court of Appeals in San Francisco overturned a ruling last year by a federal judge that said federal interstate transportation law pre-empted 2019’s Assembly Bill 5. In overturning that decis...
Tags: Business, Politics, California, Boston, Massachusetts, California News, San Francisco, Ap, California Supreme Court, Gig Economy, U S Supreme Court, 9th U S Circuit Court of Appeals, Uber Lyft, International Brotherhood of Teamsters, 1st U S Circuit Court of Appeals, California Trucking Association


The Problems Fashion Freelancers Face

Most gig economy and freelance studies cover a broad range of independent workers, so it's interesting when someone does a segmented, vertical market study on a freelancers.   Vogue's Fashion's freelancer problem exposed covers a recent survey on the effects of the pandemic on fashion industry freelancers'.   The survey results show that the pandemic had a strong negative impact on them, with 66% of fashion freelancers reporting their financial situation has been unstable du...
Tags: Sales, Vogue, Freelance, Gig Economy, Independent workers, MBO Partners State, COVID, Creator Economy, Giulia Mensitieri


‘They’re stealing our customers and we’ve had enough’: is Deliveroo killing restaurant culture?

The takeaway service may have felt like a lifeline during lockdown, but its ambitious vision will dramatically change the way we eatShukran Best Kebab – the finest Turkish restaurant in the Seven Sisters area of north London, according to some people (although it is surrounded by fierce rivals to the throne) – joined Deliveroo two years ago, and back then it seemed like a no-brainer. “Life as a small, independent restaurant is hard and the profit margins are slim,” says Hüseyin Kurt, Shukran’s o...
Tags: Food, Apps, Business, Politics, UK, Technology, London, Protest, Restaurants, Society, UK News, World news, Culture, Food & drink industry, Trade unions, Global development


The Post Pandemic YOLO Movement

YOLO is an acronym for "you only live once", which was popularized by the rapper Drake a decade ago. We learned this interesting fact from the New York Times article Welcome to the YOLO Economy.   The article describes the growing number of people who are, in the words of the article, "quitting prestigious and high-paying jobs to pursue risky passion projects." Key quote from the article: Several people in their late 20s and early 30s — mostly those who went to good schools, work in high-prestig...
Tags: Sales, Trends, New York Times, Drake, Gig Economy, Independent workers, Post Pandemic YOLO Movement


Uber and Lyft are desperate for drivers. Here's what drivers say is keeping them off the road

AP Photo/Matt Rourke Uber and Lyft riders are starting to return to the apps, but drivers have been more reluctant. The shortage is forcing the companies to charge riders more - and bribe drivers to come back. More than 20 drivers told Insider why they're staying away and what could get them to log on again. See more stories on Insider's business page. When the pandemic hit, Uber and Lyft drivers fled the platforms en masse.More than a year later, rideshare demand is finally picki...
Tags: Transportation, Lyft, Uber, Florida, Labor, California, Boston, US, Los Angeles, San Francisco, Trends, Chicago, Washington Dc, Portugal, San Diego, Rideshare


Tyltgo’s same-day delivery platform lets small businesses compete with Amazon

Tyltgo wants to make it easier for restaurants and small businesses to compete with same-day delivery services offered by the likes of Amazon and HelloFresh. The Canadian company, which recently raised CAD $2.3 million (USD $1.8 million) in a seed round, is akin to a white label Uber Eats, providing businesses an on-demand delivery platform under their own branding that connects them to gig economy couriers. “I think about us as a post-purchase experience company,” co-founder and CEO Jaden Perei...
Tags: Amazon, TC, Uber, Y Combinator, Tech, Companies, Canada, Blue Apron, Goldman Sachs, Mobility, Aaron Paul, Shopify, Gig Economy, Uber Eats, Courier, Hellofresh


An Uber shareholder is demanding more transparency about the impact of the company's lobbying efforts

Anushree Fadnavis/Reuters The Teamsters General Fund, an Uber investor, wants the company to reveal more about its lobbying. The fund urged Uber shareholders to vote for its proposal requiring an annual report from Uber. It said Uber's "highly innovative" but "controversial" lobbying could hurt its brand and business. See more stories on Insider's business page. The International Brotherhood of Teamsters General Fund, an investor in Uber, sent a letter to other Uber shareholders T...
Tags: Transportation, Uber, Politics, News, California, Finance, Trends, Markets, Lobbying, Hall, Gig Economy, Uber and Lyft, Dara Khosrowshahi, Ken Hall, Tech Insider, Teamsters Union


Court tells Uber to reinstate five UK drivers sacked by automated process

Ruling in Amsterdam overturns company’s decision to exclude operators for alleged sharing of account detailsUber has been ordered to reinstate five British drivers who were struck off from its ride-hailing app by robot technology.The five drivers, backed by the App Drivers & Couriers Union (ADCU) and the campaign group Worker Info Exchange, argued that they had been wrongly accused of fraudulent activity based on mistaken information from Uber’s technology, and that the company had failed to pro...
Tags: Uber, Europe, Business, UK, Technology, UK News, World news, Netherlands, Amsterdam, Gig Economy, App Drivers Couriers Union ADCU, Worker Info Exchange


Uber is spending $250 million to persuade drivers to get back on the road so it can pay them less again

Rideshare driver Teresa Mercado raises her fist in support as app based gig workers held a driving demonstration with 60-70 vehicles blocking Spring Street in front of Los Angeles City Hall urging voters to vote no on Proposition 22 on Oct. 8, 2020. Al Seib/Los Angeles Times/Getty Images Uber is spending $250 million to get drivers back on the road amid a pandemic shortage. But Uber said it's a "temporary situation" and that pay will decline again as the pandemic subsides. Uber's b...
Tags: Transportation, Uber, Labor, US, Trends, Canada, Rideshare, Gig Economy, Phoenix, Los Angeles City Hall, Pandemic, Cinelli, Tech Insider, Gig workers, Dennis Cinelli, Teresa Mercado


Uber entices drivers back post-pandemic with $250 million stimulus

Despite the classification of ride-hail drivers as “essential workers” during the early days of the pandemic, last April  Uber’s business dropped by 80%. Drivers decided they’d rather not risk contracting or spreading COVID-19 for the measly revenue provided by the few rides per day they were getting, so when the federal CARES Act extended the Pandemic Unemployment Assistance to gig workers, many Uber drivers decided to hang up their keys.  With more than a quarter of the U.S. population a...
Tags: Transportation, Uber, Tech, Austin, Automotive, Rideshare, On-demand, Gig Economy, Ride Hailing, Phoenix, Uber Drivers, Gig workers, Philadelphia Austin Chicago Miami


Uber gave drivers more control to prove they're independent. Now the company is taking back control because drivers actually used it.

Uber CEO Dara Khosrowshahi. Riccardo Savi/Getty Images Uber is revoking California drivers' ability to set prices and see trip destinations in advance, the San Francisco Chronicle reported. Uber gave drivers more control in 2020 to avoid reclassifying drivers as employees under AB-5. But it reversed course after Prop 22 exempted it from AB-5, saying drivers turned down too many rides. See more stories on Insider's business page. In late 2019, California lawmakers passed AB-5, hopin...
Tags: Transportation, Lyft, Uber, Labor, California, Trends, Barclays, Rideshare, Transporation, Gig Economy, Working Conditions, Campbell, San Francisco Chronicle, AB, Chronicle, Ride-hailing


Uber ordered to pay $1.1 million to blind passenger who was denied rides 14 separate times

A blind passenger gets into an Uber in Denver, Colorado (Lisa Irving not pictured). RJ Sangosti/Getty Images Uber must for illegally denying her rides, an arbitrator ruled Thursday. Uber drivers denied Lisa Irving rides 14 times because of her blindness and guide dog, Bernie. Uber unsuccessfully argued it wasn't responsible because its drivers are contractors. See more stories on Insider's business page. An independent arbitrator on Thursday to a blind passenger for illegally d...
Tags: Transportation, Lyft, Uber, UK, Trends, Lawsuits, Rideshare, Ada, Americans with Disabilities Act, Deliveroo, Gig Economy, Irving, San Francisco Bay Area, Bernie, Denver Colorado, Settlements


Deliveroo valuation drops £1bn day before London flotation

Meal delivery service says initial public offering will value company at £7.6bn not £8.8bnThe flotation of Deliveroo on Wednesday will value the company at £7.6bn after concerns over workers’ rights and volatile stock markets chipped more than £1bn off the top-end valuation.Last week, the meal delivery service said its initial public offering could value the company at as much as £8.8bn. However, on Tuesday the company confirmed its shares had been priced at £3.90, which is the bottom of the ran...
Tags: Business, London, IPOs, Stock Markets, Food & drink industry, Deliveroo, Gig Economy, Couriers/delivery industry


The Demographics of Nonemployer Business Owners

The U.S. Census has released new demographic data on nonemployer businesses.   Nonemployers are businesses that have an owner but don't have paid traditional full or part-time employees (W2 employees). The data comes from tax records, and you can think of nonemployers as solopreneur businesses (freelancers, independent contractors. gig workers, etc.) The new data provides information by owner demographics such as sex, race, ethnicity and veteran status, geography, industry, receipt size clas...
Tags: Sales, Freelance, Gig Economy, U S Census, Independent workers, Small Business Economy, Nonemployer Business Owners


Court rules Uber and Lyft must face worker-misclassification lawsuit from Massachusetts' attorney general

Gene J. Puskar/Associated Press A Massachusetts court ruled Uber and Lyft must face a lawsuit accusing them of misclassifying drivers. After state AG Maura Healey brought the lawsuit last year, the companies moved for dismissal. Uber and Lyft are increasingly facing legal challenges for classifying workers as contractors. See more stories on Insider's business page. A Massachusetts state court on Thursday rejected requests by Uber and Lyft to dismiss a lawsuit accusing the companies o...
Tags: Transportation, Lyft, Uber, UK, California, Washington Post, Attorney General, Massachusetts, US, Trends, Biden, Instacart, Gig Economy, Gene J Puskar, Maura Healey, Uber and Lyft


Top UK fund refuses to invest in Deliveroo amid City concern over riders' rights

Aviva Investors cites lack of basic workers’ rights as ‘investment risk’ ahead of flotationOne of the UK’s top fund managers is to boycott the stock market float of the meal delivery firm Deliveroo next month, amid growing disquiet in the City over the company’s treatment of delivery workers.Aviva Investors said on Wednesday it had turned down the chance to invest in Deliveroo’s £9bn initial public offering. Aberdeen Standard, another of the UK’s biggest investors, has also expressed concerns ab...
Tags: UK, London Stock Exchange, IPOs, UK News, Stock Markets, Deliveroo, Gig Economy, Aviva Investors, Aberdeen Standard


Chinese ride-hailing giant Didi eyes US IPO at $100 billion valuation, report says

Didi Chuxing's D1 electric ride-hailing vehicle. Didi Chuxing Didi Chuxing is eyeing the US for its initial public offering, targeting a $100 billion valuation, according to Reuters. The company considered listing via a SPAC, Reuters reported. Sources cited tighter regulatory scrutiny concerns in Hong Kong over the company's business operations. Sign up here for our daily newsletter, 10 Things Before the Opening Bell China's top ride-hailing company Didi Chuxing is eyeing the U...
Tags: Hong Kong, New York, China, Ipo, US Ipo, US, Trends, Markets, Bloomberg, Beijing, Shanghai, Alibaba Group, Stock Market, Valuation, Gig Economy, Reuters


Why Banking the Gig Economy Is So Hard (And Fintechs Are Winning)

A growing segment of the economy presents a challenge to traditional financial institutions — but competitors have been figuring it out. The post Why Banking the Gig Economy Is So Hard (And Fintechs Are Winning) appeared first on The Financial Brand.
Tags: Finance, Gig Economy, PNC, Segmentation Strategies, GRASSHOPPER BANK, Lending Strategies


A Pennsylvania prosecutor making $60 per hour got demoted because of his DoorDash side gig - where drivers make $17 per hour

Alexi Rosenfeld/Getty Images A Pennsylvania prosecutor was demoted for delivering food for DoorDash during his work hours. His boss called it "indefensible, thoughtless, selfish, and so stupid." The prosecutor, Gregg Shore, told KYW Radio that his reasons for working for DoorDash were personal. See more stories on Insider's business page. District attorneys typically serve citizens by building legal cases against people accused of crimes, but one prosecutor in Bucks County, Pennsylvan...
Tags: Politics, Law, Trends, Pennsylvania, The New York Times, Food Delivery, Shore, Gig Economy, Doordash, Bucks County, Tony Xu, Matt Weintraub, Weintraub, Tech Insider, Bucks County Pennsylvania, Gig workers


Amazon will pay contract delivery drivers $8.2 million to settle a wage-theft lawsuit

Sean Gallup/Getty Images Amazon has agreed to pay $8.2 million to settle a wage-theft lawsuit, Vice News reported Friday. Contract delivery drivers alleged Amazon was to blame for drivers not receiving legally required breaks and overtime. Amazon has faced similar legal challenges in California and other states. See more stories on Insider's business page. Amazon agreed last month to pay some of its contract delivery drivers in Washington state $8.2 million to settle a class-action wa...
Tags: Amazon, Transportation, California, Washington, Trends, Amazon Prime, Retail, Lawsuits, DSP, Gig Economy, Working Conditions, Ortiz, Amazon Flex, Tech Insider, Delivery Services, Contract Employees


Uber Grants U.K. Drivers "Worker" - But Not Employee - Status

After losing a U.K. Supreme Court case,  Uber this week announced it would be classifying its U.K. drivers as "workers."  This means Uber's 70,000 UK drivers will get a minimum hourly wage, holiday pay, pensions and other benefits.  Unlike the U.S., which has two worker legal classifications - self-employed and employee - the U.K. has three.   The "worker" classification is the 3rd, and "w orkers" get some, but not all, of the protections and benefits employees in the U.K. receive. ...
Tags: Uber, UK, California, Sales, Gig Economy, U K, U K Supreme Court


'A lot are sceptical': Uber drivers' cautious welcome over worker status

Drivers react to new remuneration with taxi hailing app but say more still needs to be done to improve terms On Wednesday Uber, the taxi hailing app, began offering 70,000 UK drivers a minimum hourly wage, holiday pay and pensions after years of legal battles. Related: Uber to pay UK drivers minimum wage, holiday pay and pension Continue reading...
Tags: Uber, Business, UK, UK News, Employment tribunals, Gig Economy


Uber will pay its 70,000 UK-based drivers minimum wage and benefits following a major Supreme Court defeat

Rideshare driver Teresa Mercado raises her fist in support as app based gig workers held a driving demonstration with 60-70 vehicles blocking Spring Street in front of Los Angeles City Hall urging voters to vote no on Proposition 22 on Oct. 8, 2020. Al Seib/Los Angeles Times/Getty Images Uber is reclassifying its UK-based drivers as "workers," it said in a regulatory filing Tuesday. The move requires Uber to follow minimum wage, paid vacation, and other labor laws. Uber strongly opposes ef...
Tags: Transportation, Uber, UK, Supreme Court, Labor, California, US, America, Trends, Minimum Wage, United Kingdom, Independent Contractors, Contractors, Gig Economy, Working Conditions, AB


NFTs are Helping to Monetize the Creator Economy

The Creator Economy - the economic activity generated by the people who create online digital content and the firms that serve them - is a hot topic in tech circles.  And one of the hottest creator economy topics is NFTs.  These are non-fungible tokens.   The reason they're hot is they provide a way to make money selling digital content. In simple terms, an NFT is used to prove the ownership and uniqueness of a digital item. NFTs are tokens (digital code) that are attached to digital assets ...
Tags: Sales, Trends, Gig Economy, James, Christie, NFT, Ronin, New Artisans, Platforms/Ecosystems, Creator Economy


LinkedIn's New Online Freelance Talent Marketplace

Fortune's LinkedIn’s new Marketplaces will help freelancers find work covers a new online freelance talent marketplace being developed by LinkedIn. Like other online freelance talent marketplaces such as Fiverr and Upwork, Marketplaces will enable businesses to find, hire, and pay freelancers. According to the article: Marketplaces, which is supposed to launch in September, will focus on white-collar jobs in fields like design, marketing, and software development. Employers would be able to ...
Tags: Sales, Linkedin, Freelance, Gig Economy, Independent workers, LinkedIn ProFinder, Upwork Marketplaces, Marketplaces LinkedIn


Professional Services Business Applications from Freelancers Continued their 2020 Surge in January.

In 2020 professional services applications from independent workers (freelancers, independent contractors, etc.) increased by 21% over 2019. Most of the 2020 increase came in the second half of the year and continued into 2021, with professional services applications from independents increasing in January by a stunning 51% over January of 2020. This data comes from Independent Workers Lead Recent Surge in Professional Service Business Applications, a research brief from MBO Partners that is bas...
Tags: Sales, Freelance, Gig Economy, MBO, Independent workers, Emergent Research, Professional Services NAICS