What Is Gig Economy? | HR Glossary | BambooHR
A labour market built on short-term, task-based or freelance work rather than permanent employment.
The gig economy describes work made up of short-term engagements, tasks or freelance assignments, often arranged through digital platforms, rather than ongoing employment.
It offers flexibility and access to on-demand talent, but raises important questions about employment status, entitlements and protection for the people doing the work.
Employers using gig or contractor labour must be careful to classify workers correctly, as misclassification can create significant legal and financial risk.
