The gig economy has become increasingly popular as technology has made finding and offering casual and remote work opportunities easier for people.
The gig economy has become increasingly popular as technology has made finding and offering casual and remote work opportunities easier for people. However, a few challenges accompany the flexibility and autonomy offered by this type of employment. Gig workers may experience income instability due to their unpredictable pay structure, meaning they often have difficulty budgeting or planning financially for the future. Furthermore, while enjoying more independence than traditional salaried employees, gig workers also lack the same range of benefits, such as paid time off, health insurance, and retirement savings accounts.