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Jobs – Using the Gig Economy to Your Advantage

© Can Stock Photo Inc. / Antonio_DiazThe gig economy is defining jobs today.

The gig economy–if you’ve had your ear to the ground s at any point in the past few years, you may have heard the term bandied about. Those in consulting or creative fields may be nodding your heads, but the concept is still new to many.

“Now,” say the non-musicians among you, “why would I be interested in gigs?”

In many cases, the gig economy is mediated by mobile technology, especially smartphone apps and intelligent websites that match you to gigs based on your preferences. Freelancing is the name of the game–for example, an Uber driver is an independent contractor using the app.

What Does it Mean for You?

Freelancers are nothing new, but the gig economy makes it easier than ever to be one yourself. The gig economy allows you to be flexible. Whether you want to supplement your income or tide yourself over while continuing your search for more stable employment, there’s something for everyone. A key feature of a gig job is the ability to define your own hours. An Uber driver picks up fares until they’re satisfied, which allows them to slot it in to any busy schedule.

Some people take so well to the gig economy that it ends up becoming their primary source of income. For self-starters and independent spirits, it’s a godsend. These people have diverse streams of income and have wide skill sets. Some apps, like the Bay Area-based Josephine, are for those with a passion about the gig. Josephine is for your inner chef, allowing you to share your passion with others.

For those who are between traditional employment, the gig economy presents a safety cushion that has not been available in the past. With the overall higher quality of the gigs, and the flexibility described above, it can make the time between jobs a little less stressful.

Still others add to their existing income with gigs, keeping their streams of income flowing from many different rivers. Even if you’re employed already, the opt-in nature of gigs can add to income from traditional sources. There’s no wrong way to take advantage of the gig economy!

Some noteworthy examples of the gig economy:

AirBnb

Caviar

Fiverr

Luxe

Lyft

Swifto

Uber

Upwork

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