What is Gig Work and Does It Make the Dream Work?
Gig work has become an increasingly popular prospect for those looking for jobs with more flexible hours and the ability to work from anywhere. But is this so-called “gig work” the real deal, and is it a viable career? Let’s dive into the world of gig work to answer these questions and more.
What is Gig Work?
Gig work, a form of freelance work, is short-term, project-based work and typically includes a variety of tasks that can often be completed in a matter of hours. Unlike regular employment with full-time hours and benefits, gig work often requires flexible scheduling and the gig worker takes on the role of an independent contractor, not an employee.
Types of Gig Work
There are many jobs that fall under the umbrella of gig work, ranging from ride-sharing, delivery services, and app-based surveys, to virtual assistant services, web and graphic design, and computer programming. While some gig workers specialize in one part of the above list, many work in multiple categories and have the freedom to decide what type of job fits their lifestyle and financial needs.
Requirements of Gig Work
To qualify for various types of gig work, you must often meet certain criteria. For example, for ride-sharing and delivery platforms you’ll need to have your own forms of transportation and often valid driver’s licenses, whereas for virtual assistant services you’ll need the necessary computer, phone, and technology knowledge to complete the job.
Advantages of Gig Work
One of the biggest advantages of gig work is that you have the freedom and flexibility to choose when and where you work, and often choose gigs that fit the skill level that you possess. Additionally, some of the most popular gigs come with supplemental benefits, such as health and dental insurance, as well as discounts on things like groceries, housing, and more.
Disadvantages of Gig Work
Perhaps the biggest disadvantage of gig work is that it’s often inconsistent, meaning you’re not guaranteed set hours and/or consistent pay. Additionally, depending on your tax situation and the type of platform you’re working for (or through), you may find your taxes and insurance premiums to be higher than those of traditional employees.
Gig work can be an attractive proposition for some, particularly those who like a flexible job where they can work from anywhere. However, it’s important to understand the potential challenges that come with gig work and to make sure you’re adequately prepared and informed before taking the plunge. With the proper knowledge and due diligence, gig work can provide a healthy, fulfilling career that also makes your dream come true.
