Ryan Heenan is a songwriter who sells custom jingles and videos to clients around the world online. Heenan is among those in the so-called gig economy. But there is no official definition of the “gig economy” or incidentally, a gig. A gig describes as a single project or task for which a worker is engaged to work on demand, often via a digital marketplace.
Gig workers are spread across various occupational groups, and are not easily identified in job and earnings surveys. But the manner in which they earn money is similar.
Such workers also conduct individual gigs using a website or mobile app that helps fit them with the clients. Some gigs can be very short, for example reacting to a 5-minute survey. Others, such as an 18-month database management project, are much longer but still of limited duration. When one gig is over, workers earning a steady income this way will have to find another.
For example, Hayes is a freelance filmmaker in Los Angeles, California. When she’s between filmmaking projects, Hayes picks up gigs that include working as a personal assistant, helping people move, and making deliveries. “I’m able to work when I need money and take off when I need to,” she says.
Counting Gig Workers
You may have heard a lot of buzz in the gig economy over production. Yet providers of government data are having trouble estimating how many contract employees there are. Data from the US are among the sources that could shed light on this topic. Labor Statistics Bureau (BLS), and the U.S. Office of the Census.
BLS data. Gig workers, as measured by BLS, might be in contingent or alternative employment arrangements, or both. Contingent workers are those who do not have an implicit or explicit long-term employment contract.
Census data. Non-employer statistics data from tax data provided by the Internal Revenue Service ( IRS) created by the Census Bureau offer another possible look at what’s happening in the gig economy. Many gig workers match a non-employer ‘s Census definition: in most cases, a self-employed person who runs a very small, unincorporated business with no paying employees.
Non-employer statistics from tax data created by the Census Bureau’s Internal Revenue Service ( IRS) offer another possible look at what is happening in the gig economy. Most gig workers fit the Census definition of a non-employer: in most cases, a self-employed individual who is operating a very small, unincorporated company with no paid employees.
Entering Gigs Economy Community
The gig economy offers different ways to get started. Identify what you are doing well, and what you might like to do. Then, look for opportunities while keeping some practical matters in mind.
Create your niche Think about the types of services you might be able to offer. What skills, experience, or other assets do you have that you can share? Consider that some gigs are for general tasks and others require a specific skillset.
Learn from others. Think about the types of services you might be able to offer. What knowledge, experience, or other assets can you share? Note that certain gigs need a particular skillset for general tasks and others. For example you want to be a writer and you can search tips how to start your writing career as freelancer.
Stand out. Find ways to differentiate yourself from other staff, such as by delivering a special or high-demand service. You may want to consider being a self-employed individual as a way of filling that niche.
Many gig workers use a network to help link them with jobs usually a third-party business that has a website or app like Flexgigzz. Yet others find jobs off platform ( e.g. through networking). Still others get gigs from both sources.
No matter how you get gigs, referrals and positive customer reviews are important. If you build a reputation for quality work , people may have a greater chance of seeking you out for future gigs. In reality, productive gig workers often claim a lot of their jobs come from repeat business. Treat every job as a chance to do your best.
Deciding to follow a gig approach to money earning requires flexibility, budgeting and adaptability. So, you need to give it time, besides learning how to manage your money well. For other reasons, you can set aside some of your earnings, such as an emergency fund for unplanned expenses. Be prepared to keep learning, in order to remain competitive in the gig economy.
Source : www.bls.gov