Freelancers have seen particularly harsh economic effects from the ongoing pandemic. Forty percent of those in the U.S. have lost at least $10,000 in income since its onset, leaving many operating on fast-declining savings. The nation’s government has attempted to provide financial relief by opening...
Building trust between freelancers and employers is a two-way street — and one that gig marketplaces must engineer. In the latest Gig Economy Tracker, Michael Brooks, CEO and founder of online freelance marketplace goLance, says employers can build trust with things like offering workers multiple...
The pandemic affected the freelance market in varying ways, with many workers facing increased economic uncertainty and drawing upon their savings as work opportunities became scarce. The U.S. government has developed programs to help, such as the Pandemic Unemployment Assistance (PUA) program, but freelancers are...
Challenger bank Oxygen is rolling out a new platform for financial services tailored to freelancers and independent contractors, the company said in a statement on Thursday (May 14). Hussein Ahmed, founder and CEO of Oxygen, said the gig economy in the U.S. is at an...
Gig workers (freelancers if you prefer) are starting to get the attention and support they’ve earned. It’s been a long time coming — ask almost any freelance pro — but a pandemic, workforce changes and new market dynamics are finally bringing indie contractors into the...
Paying out invoices to contractors or freelancers can be extremely time consuming for businesses that rely on manual processes. Firms must not only confirm that charges are legitimate and that invoiced work was delivered, but also process them and send out payments. That can be...
Flexibility is the reason why many workers choose to freelance, but experienced and highly skilled workers also want the certainty of a steady paycheck. In the latest Gig Economy Tracker®, Teja Yenamandra, CEO of freelance software engineer marketplace Gun.io, explains why offering weekly paychecks, combined...
Businesses and consumers still see the new coronavirus’s reverberating effects upon their finances and lives. Gig workers have been particularly affected by the pandemic, as many saw their opportunities for work dry up and disappear over the past few months amid stay-at-home orders and social...
In eight countries, it appears that the parent company has decided Uber Eats fails to deliver the desired market clout. As a result, Uber is dropping its online food delivery business in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Ukraine and Uruguay. The company...
