Economics And Working Structure

WORK 1003
ECONOMICS

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Contents
Introduction................................................................................................................ 2
Unitarism.................................................................................................................... 2
Pluralism..................................................................................................................... 3
The wage payment and working conditions could be improved as............................5
Setting a minimum wage........................................................................................ 5
Compensate for working over time.........................................................................5
Compensate for unemployment..............................................................................6
Leave for the reason of sickness............................................................................. 6
References................................................................................................................. 6
Introduction
The enhanced gig economy is that economic that is been where the market system is free as well
as the gives short term placements and give the job security to the employees for a short period
of time. In this digital era, the gig economy is found in majority of the organizations in context to

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the digitally enhanced gig it could be said that this economy has to go up with the online apps.
(Goods, Veen, Barratt, Kaine, & Josserand, 2019)
There is an increased trend seen in the gig economy. In context with the digitalization it is seen
that the trend of people towards the mobile in increasing and so the demand of work via online
places from any of the places could be done. So, under this economy, the working and the
working place are been differentiated. The people can also opt for the freelancing so that the best
employers can recruit the best talent within the organization. (Goods, Veen, Barratt, Kaine, &
Josserand, 2019)
This digitalization in gig economy has resulted in software replacement and job reduction and
maximum utilization of resources. This has enhanced the finance of the companies that bring out
the situations of flexible working as well as workforce. This part of economy gives maximum
benefits with minimum resources. This is an advanced economy that is as changing environment
and the technological advancement and includes various other economies such as gift, barter.
(Lansbury, Johnson, & Van den Broek, Contemporary Issues in Work and
Organisations Actors and Institutions., 2017)
The major challenge that the employees are facing is that they are not getting any of the
additional benefits other than their basic pay, i.e. the additional payments nowhere forms a
portion of their package. The employees working under gig economy are considered as part time
employees of the organization and the plans of their benefits are not one that is applied to these
employees. These employees themselves have to build their personal benefits and retirements as
they are not entitled to any of the additional benefits. (Lansbury, Johnson, & Van den Broek,
Contemporary Issues in Work and Organisations Actors and Institutions., 2017)