A labour market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs.
According to employers, it’s a flexible solution for those who don’t want a fixed job, but if you ask those in the gig economy, it’s just another way employers have found to limit their rights. There’s no shortage of news stories outlining both sides of the argument. The entire process seems to have stemmed from the rise in popularity of zero hours contracts. These aren’t a new phenomenon, but they have gained traction in recent years as a way to keep staffing costs flexible.
The gig economy is characterised by workers holding multiple freelance roles as opposed to being classed as employees. What’s the difference you may ask? Well, for Manchester solicitors, the big difference comes in the way these individuals are rewarded for their work. As a freelancer, you will be paid for the work you’ve done and no more, and the worker takes responsibility for their taxes and national insurance contributions. On the other hand, if you are an employee, you will be entitled to certain benefits such as statutory sick pay, paid holiday leave …