Support the Gig Economy: The gig economy is a growing trend changing how you look at work. If you’re unfamiliar with the term, it’s used to describe an employment model where workers work for multiple employers simultaneously, often through online platforms. While there are plenty of benefits to this new way of working, like flexibility and independence, there are also some downsides – that workers aren’t covered by many of their typical employment rights.
A key pain point that many issues boil down to is how to streamline payments to your auxiliary workforce. Should employers handle it all ad hoc, or should you seek to automate through business payment solutions? That’s why it’s essential to have a solid plan in place if you’re considering joining the gig economy. Here are ways you can support gig economy workers:
Be Transparent About the Pay Structure
Being honest about your payment solutions structure is essential so that gig workers know what they can expect to earn every month. You can do this in many ways: posting an official statement on your website or social media page, having a gig worker handbook with all relevant information written there, etc. You should also give clear instructions on how much time they need to work before receiving payment or bonus schemes.
Ask For Feedback From Your Gig Workers
Asking for feedback is one of the best ways of ensuring that you provide an excellent experience for yourself and your team members! It is also essential for you to get feedback from your gig workers regarding how well they feel about their work and their job satisfaction levels.
Pay Them on Time
It’s no secret that many gig economy workers struggle with making ends meet. One way to help them is by paying them on time each week or month. If you don’t already have a dedicated team of gig workers who take care of payroll for your business, consider hiring a third-party payroll service or payments company, so you don’t miss any payments.
When you’re new to this type of work, it can be challenging to know how long it will take to get paid for your service or product. To help solve this issue, set up a business payment solutions plan with your client so that you can be paid when they need it most and don’t have to worry about being late with payments.
Make Sure They’re Not Exploited
In addition to paying gig workers on time and ensuring they’re not exploited, you should also ensure that your gig workers are treated fairly by their employers. If you notice that a worker is mistreated, such as being overworked or underpaid, talk to the company about the situation. You can also contact the Better Business Bureau or other organizations to help you with this issue.
If you’re planning on offering your services at a discount, consider offering this as an option with your clients. This will help them save money over time, which means that they won’t feel bad about the Business payment solutions less for what you’re offering than if they were paying the total price right off the bat. Plus, if they decide not to purchase anything from you but still want more information or advice later on down the line, then they’ll be able to get it at a lower cost than if they’d just gone straight.
You need to be informed about the gig economy and what it means for your business or yourself. You should know the ins and outs of using it in your own life, especially if you don’t have a full-time job.
Learn the Rules of the Road
To succeed in this new economy, you need to know what laws apply to your business and which ones don’t. You also need to understand how to navigate through all of the different types of jobs available in this new economy,
Be Proactive About Your Income Streams
Suppose you want to earn an income from multiple sources. In that case, you must be proactive about managing those sources of income so that they don’t conflict with each other or your primary service line.
The gig economy is a growing phenomenon. It’s estimated that more than 10 million people now work as independent contractors, freelancers, and temporary workers. The gig economy offers flexibility to workers – something many can’t get from their full-time jobs at traditional companies. But it’s not just about offering autonomy: The gig economy also provides opportunities for income security, better job prospects, and greater satisfaction in your working life.