The gig economy is a relatively recent concept that has seen its popularity explode over the last 2 years or so. In the UK an estimated five million people work as independent contractors in the gig economy, in jobs that claim to offer flexible hours and control over how much time they work. For students and individuals whose priority it is to have complete flexibility over anything else, it offers an alternative way of working that we had not previously seen in the same way before.
However, there are aspects of this working practice that are proving contentious. Workers have no protection against unfair dismissal, no right to redundancy payments, and no right to receive the national minimum wage, paid holiday or sickness pay.
As a start-up, or small to medium sized enterprise (SME), however, you may well find that engaging a contractor in this capacity is very beneficial to you. The flexible nature of the gig economy benefits employers, as they only pay when work is available, and don’t incur staff costs when demand is not there. It might be worth checking out: https://www.weliketowork.com where UK business hire UK freelancers.