What reasons do you see behind the phenomenal increase of gig economy in India? Is it a temporary boom or will last long? Is it going to replace traditionally hired workforce?
AP In today’s parlance, gig economy represents a system where companies and freelance workers come to an agreement to engage in short-term work relationship. This system benefits both the parties and is steadily gaining momentum. It not only enables organisations to save on overhead costs like office space and equipment but also gives them greater flexibility to hire talent for a short term. The gig workers benefit from the flexibility that comes with the choice of work and increase in income by working on multiple gigs. In my view, gig working is here to stay and has come more to the fore with the current situation, which has helped in removing reservations about the workability of gig arrangement. Whether we like it or not, we all have been forced to adopt and adapt to remote working. We have seen and...
