Wage hikes and new regulations impacting the ways in which gig workers are classified may shake up online platforms, pinching profits and spurring consolidation. In the meantime, a few firms are raising prices, which might have a dampening effect on consumer demand. Instacart and DoorDash...
The Labor Department is due to release new rules governing the classification of gig economy workers. The platforms that rely on these workers say not much will change. The legal and regulatory outcomes remain uncertain, as the platforms are growing and the demand for side...
Uber says a proposed Biden administration rule change for gig workers will not affect its operations. The Department of Labor’s proposal makes it tougher for companies to classify workers as independent contractors, and provides greater legal protections and added benefits for gig workers are “economically dependent” on a...
The White House is reportedly preparing new guidelines that provide additional protections to gig workers. The updated Department of Labor rule could be handed down as soon as this week, and would make it harder for companies to classify workers as independent contractors, Reuters reported Monday...
European Union (EU) member states have rejected a provisional deal aimed at reclassifying millions of gig workers as employees. Officials from Spain, the current holder of the EU’s rotating presidency, sent the issue back for further negotiations with the European Parliament after deciding the current...
Uber and other ride-hailing companies have agreed to give their French drivers a raise. Those workers will now be eligible for 9 euros ($9.85) per trip — up from 7.65 euros ($8.38) — and will be guaranteed an income of at least 30 euros ($32.88) per hour...
The gig economy allows workers control over their own employment while offering consumers choice and convenience. PYMNTS Provider Ranking of Gig Platform Apps, which uses monthly metrics to score related apps based on channel coverage, up-to-date downloads, average users and more, shows which of these...
Upwork has launched a pair of collaborations designed to offer an improved approach to workforce management. The work marketplace announced Tuesday (Dec. 5) that it was beginning the first of many partnerships with vendor management systems (VMS) and managed service providers (MSP) for its enterprise suite offering,...
Amid persistent inflation and economic uncertainty, gig work offers a way to pad our wallets and cushion our financial safety nets. With so many platforms to get a gig, it can be hard deciding which one is worth your time. Fortunately, PYMNTS has compiled the Provider...