Certainty in an age of uncertainty is a harder trick to pull off than it may seem. For gig economy workers, surety of payments is critical, and vibrant online marketplaces are crucial in getting freelancers the money they need, when they need it. Michael Ting,...
Eight out 10 gig workers say they would spend more time working in the gig economy if they were paid faster, according to the latest edition of the PYMNTS.com Gig Economy Index™. The culprit? Good old check and cash, which power payments for over 56...
As they say in the pizza business, when it rains, it pies. Every time it rains in San Francisco, Papa John’s has a problem. Pizza orders skyrocket, but there just isn’t enough staff to deliver the pizzas. And hiring staff is costly and time-consuming. Meanwhile,...
Temporary, contract, gig employment and job-hopping are fast becoming the new norm in the U.S. and elsewhere, especially among the younger workforce. The first edition of the PYMNTS Gig Economy Index™ found that millennials typically change jobs four times within the first 10 years of graduation,...
With more employees, employers and cash entering the gig economy and legislation protecting gig workers passing in NYC, 2016 was a good year to gig. Will 2017 be the same?
It truly is the most wonderful time of the year — to bring in some extra cash, that is. Gifting is expensive. Consumers in the U.S. planned to spend an average of $908 on holiday gifts this past year, up 8 percent from the average...
There’s no doubt about it — the gig economy is booming. As the broader gig ecosystem continues to grow and diversify in the coming years, it will become more important for employers participating in the space to rethink how they view gig work and gig...
Scale is the Holy Grail for firms big and small — but as on-demand platforms and digital marketplaces venture into far-flung locales, payments processes must contend with new and unfamiliar regulatory hurdles. Mike Monty, EVP and head of financial partnerships at Hyperwallet, explained to PYMNTS...
What is it exactly about the rising gig economy that makes businesses, workers and consumers alike so willing to fork over cash for the chance to partake? New estimates show that the U.S. could hold between 54 million and 68 million “independent workers” — including short-term...
