Management in gig economy (on the basis of SolarGaps Inc.)

Abstract

The gig economy is a free market system in which firms engage independent workers for short-term commitments and temporary labor is common. Temporary and flexible positions are common in the gig economy, and organizations prefer to recruit independent contractors and freelancers over full-time workers. Such employment disrupts the conventional economy of full-time workers, who are frequently concerned about their professional advancement. People work part-time, temporarily, or as self-employed contractors. The gig economy experienced a massive surge as gig workers delivered essentials to consumers' homes and those who were frustrated turned to part-time and contract jobs to make money. Many factors significantly influenced the growth and influence of the gig economy. Still, in the future, it will only develop more strongly, and more and more companies will refuse to hire employees whose competencies can be closed easier and cheaper.