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Is the gig economy the best deal for gig workers?

   

Added on  2020-10-22

33 Pages8943 Words138 Views
Data Science and Big DataStatistics and Probability
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Good and bad faces of the gig
economy.
Is the gig economy the best deal for
gig workers?
Is the gig economy the best deal for gig workers?_1

ABSTRACT
This present dissertation is about Good and bad faces of the gig economy in context to gig
workers. The aim of the study is to identify the good and bad faces of the gig economy and the
entire research is based on qualitative methods. A study on gig workers in UK. Gig economy has
become popular since many years it was because people were attracted towards the business in
gig economy. Gig economy is the system of free market in which temporary positions are
common and companies contract with independent workers for short period. Greater
independence is another advantage that gig workers enjoyed working as a freelancer in the gig
economy.
The very first benefit that gig workers are enjoying is flexible working as gig economy
allows freelancer to work whenever they want because of several options like working hours,
desire to work, place and there are various options available for gig workers to select. Working
in isolation and lack of cultural commonness are another biggest challenge that gig workers
faced working in gig economy. 20 Gig workers of UK economy has been chosen for study. Form
the above findings it has been summarised that gig economy is a growing concept in UK as most
of the people who wants to work and want to be self-employed can work according to their time
and comfort. Researcher also suggested that gig economy should collaborate with zero base
working hour company that can provide set up a different cabin for all the freelancers so that
they can get the corporate feel and social environment.
Is the gig economy the best deal for gig workers?_2

TABLE OF CONTENTS
ABSTRACT ....................................................................................................................................2
TOPIC:.............................................................................................................................................1
CHAPTER 1: INTRODUCTION....................................................................................................1
Overview of Topic..................................................................................................................1
Background of the Research...................................................................................................1
Aims and Objectives...............................................................................................................3
Rationale:................................................................................................................................3
Chapter Structure....................................................................................................................3
CHAPTER 2: LITERATURE REVIEW ........................................................................................5
Introduction............................................................................................................................5
The detailed concept of gig economy.....................................................................................5
Advantages of gig economy for gig workers.........................................................................6
Challenges gig workers faced working with the gig economy...............................................7
Ways for bringing improvement in the working conditions of the gig workers....................8
CHAPTER 3: RESEARCH METHODOLOGY.............................................................................8
Research methods...................................................................................................................8
Research approach..................................................................................................................9
Research Design.....................................................................................................................9
Research philosophy...............................................................................................................9
Sampling...............................................................................................................................10
Data collection......................................................................................................................10
Data analysis.........................................................................................................................10
Ethical consideration............................................................................................................11
Research limitation...............................................................................................................11
CHAPTER 4: DATA ANALYSIS AND INTERPRETATION ...................................................11
CHAPTER 5: CONCLUSION AND RECOMMENDATIONS ..................................................20
Conclusion............................................................................................................................20
Recommendation..................................................................................................................21
Personal reflection................................................................................................................22
Is the gig economy the best deal for gig workers?_3

REFERENCES..............................................................................................................................24
APPENDIX....................................................................................................................................28
Is the gig economy the best deal for gig workers?_4

TOPIC:
Good and bad faces of the gig economy. Is the gig economy the best deal for gig
workers?
CHAPTER 1: INTRODUCTION
Overview of Topic
Gig economy is a free market system in which temporary positions are common and
organisation contract with independent workers for short term engagements. The term gig
economy is a slang work meaning “a job for specified period of time”. Few examples of gig
employees in the workforce could include freelancers, independents contractors, project-based
workers and temporary part-time hires (Kalleberg and Dunn, 2016). In the gig economy,
businesses save resources in terms of benefits, training and office space. Further, they also have
the capability to contract with experts for project who may be too high prices in order to
maintained on staff (Good and Bad Faces of Gig Economy, 2019).
The fundamental benefits of the gig economy to the economy of United Kingdom though
is undoubtedly its impact on jobs. After the financial crash of 2008, people have sought new
opportunities to make money. In United Kingdom, there are many people who are working on a
self-employed basis (Impact of Gig Economy on UK, 2018). There are some popular
organisations like Deliveroo and Uber that represents just a fraction of the market and it also
allows people to work more freely. On the other hand, the development and growth opportunities
are very less, stress is also very high, isolation working and lack of cultural commonness. (Wood
and et.al., 2019) Thus, this present research paper will identify the good and bad faced of the gig
economy in respect to gig workers by applying various techniques and methods.
Background of the Research
This present research is based on the good and bad faces of gig economy in regards with
gig workers. It is true that 21st century has been remarkable for so many things including Inter of
Things (IOT), disruptive innovation, social media, a period of recession and all the rise of gig
economy. Modern market is called as gig economy. There are many advantages that workers
enjoy employees in the business of gig economy such as flexibility of work and time, greater
independence, could earn more and there are variety of jobs available for workers. On the
contrary there is bad face of gig economy which are like no extra benefits, lack of cultural
commonness working in isolation and more stress (Parigi and Ma, 2016). This research will
Is the gig economy the best deal for gig workers?_5

present the detailed concept of good and bad faced of gig economy. To analyse the current
market scenario in the economy for gig workers would have effective ascertainment over the
importance and having a balanced employment rate.
2
Is the gig economy the best deal for gig workers?_6

Aims and Objectives
Aims:
To identify the good and bad faces of the gig economy. A study on gig workers in UK”.
Objectives:
To understand the concept of gig economy.
To identify advantages of gig economy for gig workers.
To determine the challenges gig workers faced working with the gig economy.
To provide ways for bringing improvement in the working style of the gig workers.
Research Question:
11 What is the concept of gig economy?
1
1 What are the advantages of gig economy for gig workers?
1
1 What are the challenges gig workers faced working with the gig economy?
1
1 What are the ways for bringing improvement in the working style of the gig workers?
Rationale:
Gig economy is not a new concept in United Kingdom as the number of self-employed
people in the country is continuously rising from 2001. In 2001, there are approximately 45
percent of people are self-employed but in 2017 more than 15 percent of UK population are
working in gig economy. Thus, the reason for choosing this topic is to understand the good and
bad faced of gig economy as well as to understand the reason of its popularity in UK. In addition
to this, the academic interest of researcher is also another reason that leads to consider this
research topic. As this topic of gig economy will help researcher in to gain knowledge of the
study as well as the knowledge of research methodologies will help in future dissertation.
Chapter Structure
CHAPTER DESCRIPTION
INTRODUCTION This chapter is based on outlining the overview
of the study as well as topic. Researcher will
focus on developing a brief understanding of
topic of the research and provide research
background. Aims, objectives and research
questions are also formed in this chapter.
Further, reason for choosing the topic impact
Is the gig economy the best deal for gig workers?_7

of gig economy on gig workers is also
specified in this chapter.
LITERATURE REVIEW This is the second chapter of the dissertation
where the discussion of secondary facts as well
as findings which are gathered by several
researchers or scholars. Books, journals,
articles, government publications, blogs and
are the sources of information. All the aims
and objectives of the study are critically
understood.
RESEARCH METHODOLOGY This is the third chapter that is based on the
implication of research tools. These research
tools assist scholar in collecting, analysing and
interpreting data. This chapter is very
important as it makes easy and effective in
collecting the data from authentic sources.
DATA ANALYSIS AND
INTERPRETATION
This chapter is based on the data collection
process held by researcher where scholar will
collect data from survey via questionnaire.
Researcher will present the data through charts,
tables and graphs.
CONCLUSION AND
RECOMMENDATION
This chapter is the summary of whole study
that will help in valuing information which are
collected by researcher. Scholar will also
provide recommendations and ways gig
economy to improve the working condition of
workers. The judgement will be descriptive on
the basis of all chapters which will make clear
assumption of over every information collected
Is the gig economy the best deal for gig workers?_8

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