Consultants imagine that gig economic system gives a win-win state of affairs for each events and its attain is slowly increasing from less-skilled companies to high-skilled jobs.
“Gig economic system has been there for a very long time. It is being embraced like by no means earlier than, that too in India, as a result of each financial circumstances and COVID-19 state of affairs,” mentioned Kaushik Banerjee, Vice President and Enterprise Head of Teamlease.com and Freshersworld.com.
In line with TeamLease.com, a bunch firm of TeamLease Companies, the demand for gig employees is larger this 12 months than final 12 months.
“On Teamlease.com alone we’ve greater than 11,871 job vacancies for gig profiles. The truth is, there’s a 2.5X bounce in demand in comparison with final 12 months,” Banerjee mentioned.
“Company workforce is making area to accommodate gig employees. Now we have already seen 12 per cent rise from pre-COVID occasions,” he added.
Whereas supply brokers command the most important slice of the pie, the opposite profiles that are in demand embrace warehouse helpers and meeting line operators.
In white-collar gigs, designers, content material writers and digital entrepreneurs are in demand as e-commerce websites require elevated exercise, Banerjee mentioned.
“Now we have seen that corporations have now began shifting full-time entry-level roles to a gig mannequin,” GigIndia co-founder and CEO Sahil Sharma mentioned, including that after the lockdown, “we at GigIndia have uploaded round 3,500-plus job alternatives for giggers on our platform inside six months”.
There was a 115 per cent enhance in work-from-home gigs in the course of the lockdown and the proportion of girls giggers grew from 12.07 per cent to 29.34 per cent inside six months of the pre/post-lockdown interval, Sharma mentioned.
Nevertheless, within the absence of a gradual wage, paid sick go away and different advantages, the possibilities of monetary insecurity are a lot larger.
“Gig, being a brand new type of workforce engagement, stays untested in Indian courts, and with the absence of particular legislations, gig employees can not declare consequential advantages similar to minimal wages, hours of labor, extra time, go away, and so forth as in comparison with most conventional long-term workers,” mentioned Nishith Upadhyaya, Director – Advisory Companies, SHRM (APAC & MENA).
“In our view, the federal government ought to intention to supply an affordable quantity of social safety to gig employees in addition to safety below employment legal guidelines whereas retaining the inherent versatile nature of the gig work association,” Upadhyaya additional added.
In line with Abhay Mathur, Senior Vice President, Finance, City Firm, “a versatile workforce helps organisations handle prices properly with the peaks and troughs of demand. It additionally permits fast scale up when exponential progress occurs and helps present specialist expertise for one time/occasional use.”
For employees, the profit is the flexibleness to work whenever you need and on the roles you need, throughout geographies (the place potential), he added.