Regulating the Gig Economy - PDF

REGULATING THE GIG ECONOMY
Student Name:
Student Number: s0270240
Campus:
Lecturer: Maree Franettovich
Word Count: 1000

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REGULATING THE GIG ECONOMY
ARTICLE 1
Sundararajan A (2016) The Sharing Economy: The End of Employment and the Rise of
Crowd-based Capitalism. Cambridge, MA: MIT Press.
Sundararajan (2016) considers that various expressions are raised to give details on the
digital activities frequently taking advantage of a naively optimistic viewpoint polite term to
make the impression appear enthusiastic and affirmative. This is the reason for the evolvement of
the term ‘sharing economy', ‘crowd-sourcing', or the ‘collaborative economy. The awareness of
the admiration of many people of the digital work appeals to a number of prospective activities
throughout a variety of trades and incorporates categories of enterprises. The exceptionally
abstract idea is consequently preferably accurate. People engaging in the gig economy usually
experience non-uniform schedules for work since there are alterations in the market for their
services. In many cases, the gig worker needs to equip the general main requirements for use in
their activities. A number of individuals engaging in gigs issue themselves a central location
where they carry out their activities. The term of payment is dependent on the contracts delivered
and it’s determined with the particular assignment. The operations in gig economy are normally
interpreted and operated on a platform of digital agreements
In utilizing this well-respected investigation, a well-founded confirmation of the
usefulness of work in a gig economy is provided. The idea can be used to create employment as
well as generate income for a community that has knowledge of the activity. Graham and
Lehdonvirta (2017) describe that to the potential fluctuations one must ensure that they are able
to earn sufficiently during the peak seasons (p. 135). Just like any other job the gig economy is a
source of employment and one should guarantee that they provide quality standards in order to

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be competitive.
ARTICLE 2
Farrell D and Greig F (2016) Paychecks, Paydays, and the Online Platform Economy: Big
Data on Income Volatility. New York: JPMorgan Chase & Co. Available at:
https://www.jpmorganchase.com/corporate/institute/document/jpmc-institute volatility-2-
report.pdf (accessed 3 July 2017).
Farrell and Greig (2016) focus on digital stands classifications. Web-based platforms can
be classified in the course of a number of aspects. The Productivity Commission (2016) explains
three extensive work-piece-oriented classifications: coordinating platforms which allows the
ultimate user and a person who achieves a duty, platforms that authorize detailed examination
and systematically arrangement such as the offer of referrals and reviews, and platforms that
authorize direct upgrade of a product which is done by making easy the execution of fixed
increase in online activity. There is an ordinary contrast betwixt the ‘labor stands’ which puts the
working of inventive activities in order and ‘funds stand’ that allows the trade or lease of
valuables (Farrell and Greig, 2016). A number of ‘capital' stands to need the implementation of
labor which is prolific. This makes the contrast in the platforms defective. De Stefano (2015)
generates an important difference in other two categories in the task platforms: ‘crowd-work’
structures, which incorporates bidding and accomplishing a task through a public set of related
web pages located under a single domain name. The stand normally necessitates tasks that are
capable of being discharged and handed over to the proper recipient online; ‘work-on demand’
structure, which incorporates long-established, manual duties and labors. The activities are well
planned on online web pages located on a domain that manage useful features of the task such as
establishing costs and qualities as well as controlling the human resources.

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The article identifies the different classifications in the industry and enables one to
determine on the category to fall for. Most of the online workers operate on part-time. It helps an
individual to note that there are rules and regulations set by various domains to abide by when
engaging in the job.
ARTICLE 3
Riley J (2017) Regulating work in the gig economy: What are the options? In: Rönnmar M
and Julén Votinius J (eds) Festskrift Till Ann Numhauser-Henning. Lund: Juristförlaget,
pp. 669–683.
Riley (2017) indicates that the probable direction for control of gig work is dependent on
the legislation which authorize contract specifications to be objected and if found by the court of
justice to be unjust, diversified or cancelled. Workers who aren’t categorized as employees have
two alternatives. Independent Contractors Act (2006) puts in an application to contracts for the
success of services by a contractor, or to classifications which are a guarantee to the particular
contract. It will be difficult for a gig worker to usher a contract with an intermediary in this
substructure. Regulations have currently been adjusted to extend over contracts with average
form for the provision of services to a small-scale enterprise.
Apparently, it is most probable that these arrangements could be employed to safeguard
gig employees from unjust conditions in the contracts they agree to with their individual
platforms. Gig workers are probable to operate in secluded, personal settings and will normally
have a restricted knowledge of their lawful as well as their regulatory entitlements. A more
wisely implementation of prevailing laws will need more determined attempts to teach workers
on their privileges, and vigorous compliance attempts by regulators. If this is not observed,
implementation of even prevailing, undetermined regulatory defense for gig workers will be of

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uneven quality. Any plans to reinforce regulatory defenses for gig workers should solemnly take
the teaching and implementation measures of the duty. In the situation of gig workers who
operate and deliver work electronically it will be more complicated to implement the present
regulatory of labor. A method to prevail over these difficulties is for the gig workers to arrange
as a group. They can create their individual system to analyze probable end-users and
disseminate details on the pay and terms given on specific platforms.
This article informs that there are different ways that tshe rights of a gig worker can be
safeguarded. It gives options in the regulating work in the gig economy. The information here
can be used by current gig workers to know where employers go against their rights.
Personal Reflection
Through analysis, I have noted that gig workers should establish a system that will enable
them to connect with employers. This will help them negotiate in terms that are set and
recognized by law. Every gig worker will be familiar with their rights and will perform better
without problems. The risk of being exploited will be minimal as regulations will be strictly
followed.

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References
Farrell D and Greig F (2016) Paychecks, Paydays, and the Online Platform Economy: Big Data
on Income Volatility. New York: JPMorgan Chase & Co. Available at:
https://www.jpmorganchase.com/corporate/institute/document/jpmc-institute-volatility-2
report.pdf (accessed 3 July 2017).
Riley J (2017). Regulating work in the gig economy: What are the options?’ In: Rönnmar M and
Julén Votinius J (eds) Festskrift Till Ann Numhauser Henning. Lund: Juristförlaget, pp.
669–683.
Sundararajan A (2016) The Sharing Economy: The End of Employment and the Rise of
Crowdbased Capitalism. Cambridge, MA: MIT Press.