gig economy

Mind the gig gap

SINGAPORE (July 29): In a Telegram group chat for Deliveroo riders, a member took a screenshot of his earnings generated through the food delivery platform. The screenshot shows that he makes more than $4,000 a month, similar to what many executives would earn. Singapore’s monthly median wage is about $4400, according to data released by the Ministry of Manpower (MOM) on Nov 29, 2018. But, the trade-off for the somewhat lucrative gig is long hours on the road almost daily.

As gig economy gains mass appeal, safeguards are needed

SINGAPORE (July 29): In a Telegram group chat for Deliveroo riders, a member took a screenshot of his earnings from the food delivery platform. It suggests that he makes more than $4,000 a month, similar to what many white-collar workers earn and close to Singapore’s monthly median wage of about $4,400. But the trade-off for the somewhat lucrative gig is long hours on the road, almost every day. Similarly, a private-hire car driver, 47-year-old Danny, spends between 12 and 15 hours a day on the road, more than five days a week. He brings home over $5,000 a month.

As gig economy gains mass appeal, safeguards are needed

SINGAPORE (July 29): In a Telegram group chat for Deliveroo riders, a member took a screenshot of his earnings from the food delivery platform. It suggests that he makes more than $4,000 a month, similar to what many white-collar workers earn and close to Singapore’s monthly median wage of about $4,400. But the trade-off for the somewhat lucrative gig is long hours on the road, almost every day. Similarly, a private-hire car driver, 47-year-old Danny, spends between 12 and 15 hours a day on the road, more than five days a week. He brings home over $5,000 a month.

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When sharing becomes uncaring

As companies in the sharing economy turn into behemoths, it is time for regulation to ensure the workers behind their success are protected

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Gig workers may enjoy enviable perks but tend to save less: Manulife

SINGAPORE (Oct 4): Joining Singapore’s rising gig economy certainly comes with benefits, such as flexibility and job satisfaction, that a regular nine-to-five desk job may not offer. Those who opt to do so are however finding it harder to save compared to full-time employees, finds a new study by Manulife.

Future of work: Tech-enabled freedom

SINGAPORE (Aug 6): Imagine hosting an international business conference from a deck chair on a beach, through a laptop and virtual reality device. Midway through your presentation, a robot brings you a cocktail. It does not matter that you are in surf shorts — the audience, also plugged into VR devices, only sees an augmented reality (AR) image of you on a stage. Not too far-fetched? That is because all that technology is already available.

Will the gig economy take over as Singapore's Gen Z workforce matures?

SINGAPORE (Apr 20): Singapore’s Generation Z (Gen Z) workers, namely those born between 1995 and 2009, are more likely to seek temporary employment over permanent full-time positions than all other age groups in the city state.

This is according to a recent APAC Workforce Insights survey commissioned by recruitment company PERSOLKELLY, a joint venture between PERSOL Group and Kelly Services.

The gig economy is booming in APAC

SINGAPORE (Apr 5): More than half (65%) of talent and hiring managers say that the gig economy is rapidly becoming the new normal for how businesses organise work, according to a research conducted by global workforce solutions provider KellyOCG – the 2017 Gig Economy Talent Manager Research.

In Asia Pacific (APAC), 84% of talent managers hire or use gig workers, outpacing the rest of the world.

Thanks to the gig economy, Singapore’s labour market might be rosier than you think

SINGAPORE (Sept 22): Failure to accurately capture the growing gig economy may be understating actual job creation and painting a more pessimistic picture of Singapore’s labour market, according to Maybank Kim Eng Research.

"We suspect that Singapore’s gig workers are underestimated,” says lead analyst Chua Hak Bin in a Friday report.

Manpower statistics suggest that some 9% of Singapore’s labour force is engaged in the gig economy as of 2016, he says. This is much lower than the estimated 30% in the US and 25-31% in European countries.

Local startup launches app targeting gig economy

MyWork team

SINGAPORE (April 5): MyWork Global today launched its new mobile application called mywork as part of its efforts to facilitate job matching in Singapore’s gig economy –  where businesses often rely on temporarily staff or freelancers to produce work on a per-project or contract basis.

The mywork app is currently available for download on the Apple AppStore as well as on Google Play at no charge for consumers, and for an initial fee of $9.90 for businesses.  

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