Question

Name US and Global companies that use Gig workers and why?

Answer 1

THE COMPANIES SUCH AS UBER,FOOD PANDA AND MANY MORE GLOBAL COMPANIES USES GIG WORKERS BECAUSE

1. Ability to hire experts for services not needed on a regular basis- The companies can hire experienced employees for their work when the requirement is neeeded,this will help companies to cut their cost as the companies will only pay the gig workers for the duration of their services rendered instead of paying them for full year as they do to their regular employees
2. Agility in scaling their workforce up and down quickly to meet business demand-This provides companies a flexibility to increase their work force when the demand of their product in the market will be high .To meet the market demand the companies can ramp up their work force by contacting gig workers. Example of food panda using gig workers-During the festive seasons if the food orders to food panda company will increase they will hire gig workers to meet their demand and will fire them when the demand will decrease.
3. Reduced cost of providing healthcare and other benefits-If the companies will hire permanent workers they will have to provide health insurance and other benifits to the employees But if the companies hire gig workers they will have no responsibility to provide a helthcare benifits to the employees .This will help companies to reduce the cost of the services provided. EXAMPLE OF UBER-When uber hires its permanent drivers of any car the company will provide insurance to the driver to cover up in case any accidents happens.but uber will not provide any of these facilities to the gig workers
4. Lower space costs-The companies will not be bound to provide any housing facilities to the gig workers which will help them to lower the space cost.

THESE ARE SOME OF THE REASONS WHY US AND THE GLOBAL COMPANIES USE GIG WORKERS

*HOPE IT HELPS.