Saturday, May 30, 2020
Navigating the Gig Economy Tips for Independent Workers
Navigating the Gig Economy Tips for Independent Workers Youâve heard of the gig economy â" a buzzword otherwise known as the sharing economy, on-demand workforce or independent workers. These days itâs reshaping the way many people work and opening employment doors that werenât available a decade ago. Workers are shifting from working a classic 9 to 5 job to freelance work, making the transition from being employed by a company to work for themselves. This shift in employment puts workers in control of their work environment, all the way from when they work to what types of jobs they choose to do. A free-market system at its core, the gig economy is comprised of temporary, flexible jobs. Companies bring on independent contractors and freelancers instead of full-time employees, and in many cases, for short-term engagements. While many people are familiar with the gig economy as the on-demand platforms like Uber, Lyft, Postmates and Amazon Flex, traditional examples of gig employees in the workforce have included freelancers, independent contractors, project-based workers, and temporary or part-time hires. In todayâs tech-reliant age, this basically means that anyone with a smartphone and unlimited data plan (or a good indie café with fast wifi and a power outlet) can work anywhere. Gig Economy: The Facts The gig economy is taking hold around the world as workers redefine what it means to be employed. Across the U.S. alone, 57 million people â" or 36 percent of workers â" call themselves gig workers. A further 24 percent of workers have an alternate work arrangement that they consider their primary job. The gig economy has become so popular that 30% of Americans would quit their current job to go work the gig economy if that meant they could make the same amount of money. And many people can. But just like anything, being successful as a gig worker takes time, practice and some trial and error. Below, are some best practices and tips for youâll want to implement if you plan on making the leap. Know What Type if Gig Worker Youâll Be Gig workers fall into one of two categories â" the independent worker or the contingent worker. Independent workers or freelancers are their own manager, submitting invoices and billing for the services and skills they provide to individuals and businesses. On the flip side, the contingent worker is employed by a company but has fewer benefits than regular employees and has little if any job security. Gig workers, as a whole, usually fit into one of the four categories: Freelancers â" When working as a freelancer, gig workers provide a service or skill, such as design, photography, or writing. Freelance marketplace â" Gig platforms such as Uber, Airbnb, and Upwork let gig workers provide a service on-demand for hire. Self-employed gig workers â" Small business owners and tradespeople fall into this category. âOtherâ â" Still a big part of the gig economy, this âotherâ area encompasses freelance positions such as affiliate marketing, Etsy, and eBay as platforms for people to be self-employed. Establish Routines Routines donât have to be associated with boring bureaucracy. In fact, theyâre your best friend when it comes to enhancing focus and performance â" ask any successful freelancer and they will tell you so. Establishing routines in your work might mean keeping a schedule; following to-do lists; starting the day with the most challenging work; or taking care of that client call first thing. However, not all routines need to be work-related. Successful freelancers often find improved productivity and focus by incorporating self-care (sleep, nutrition, exercise) into oneâs life. Both enhance peopleâs sense of order and control in uncertain circumstances â" which often arise when youâre working for yourself. Find Purpose in Your Work This might seem like a no brainer but doing purposeful work is a driving force behind the success of independent workers. Everyone wants to be happy at their job, but purpose creates a bridge between personal interests and a need in the world â" it can be a big distinction between successful independents and the ones who arenât. Connect With People One of the biggest complaints that independent works have is the lack of human connection in their work. In the traditional workspace, connections happen in a physical office, taking lunch with co-workers or attending a weekly happy hour on Fridays. Since this is not a readily available option for many independent workers, itâs important to go out of your way to develop working relationships. Try collaborating with contacts in your field or take your workflow to a co-working space where there more of a sense of community than your home office. Create a Place to Work Being able to work anywhere is both one of the biggest benefits and biggest pitfalls for independent workers. Even though thereâs beauty in portable work, creating a space for productive work will help prevent feelings of rootlessness. This need for a âplaceâ to be productive is also a driving factor in the rise of coworking spaces around the globe. Learning to navigate the gig economy is not without its challenges. But just like anything it can take practice and some trial and error to figure out what works best for your working style. To learn more about why more people are making the switch from traditional employment to the gig economy and tips to get started as an independent worker. Embroker created this comprehensive guide complete with tips and best practices to navigate gig work. About the author: Keilah Keiser is a freelance writer and content creator based in San Diego, CA. Shes covered topics in a variety of industries ranging from startups to travel. When shes not on the computer, youll find her hiking with her dog.
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