What Is The Global Gig Economy?

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I was in beautiful Zanzibar a week ago. My mornings started early, not only because of the heat, but because there was a buzz in the air every morning. The streets were filled with entrepreneurs either setting up their stalls or speaking among each other. The hustle over there is real. It then dawned on me that being a business owner can happen anywhere at any time. While I was away, I would switch on my laptop and proceed to check in with the Heavy Chef team via mail and Whatsapp. The power of technology has allowed us to work from anywhere and work across borders. This is why I find the global gig economy so interesting.

The Global Gig Economy is reshaping many careers around the world. It’s no secret the world of work is changing dramatically. With people doing business on the go, the digital revolution means many can work from anywhere.

What is this thing called the ‘global gig economy’?

It’s simple really, but profoundly impactive. The gig economy means an economy where organisations and businesses rely more on freelancers and independent workers contracted on a short-term basis than they do on permanent staff. When most people imagine the gig economy, they probably think of companies such as Uber with all their millions of driver / entrepreneurs, however, many corporate organisations are taking the global gig route too.

Why is the economy moving in this direction?

The global workforce chooses to offer their skills via the internet. People reckon this is a hugely preferential way for workers to operate as it allows more time for travel and family life. Other workers prefer the global gig method as it assists to maintain a healthy work-life balance. Millennials are also able to make the most of freelance life, should they opt for this route. From an organisation/corporate point of view, there are certain financial pressures on some companies, meaning they are likely to hand out less permanent roles. The global gig then allows companies to save on training, office space and benefits.

What sets the global gig economy apart?

Workers, who can be anywhere in the world. This side of the gig economy is known as the “human cloud”. The ‘human cloud’ gives people in developing countries the opportunity to access global demand for their skills when local markets are limited.

What are your thoughts on the global gig economy?