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PYMNTS.com Gig Economy Index - February 2017

PYMNTS.com Gig Economy Index - February 2017

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Papa John’s solution? Hire gig workers.

And Papa John’s isn’t alone. Increasingly, companies are hiring ad hoc workers to resolve their immediate staffing needs. The trend is gaining so much steam that, in 2017, gig economy workers with access to smartphones are alone projected to account for more than $680 billion in income.

But as the demand for gig workers balloons, where does their right to benefits fit into the equation? The Index takes a deep dive into the growing demand for benefits in the gig economy and compares the demand against the size of different market verticals that actively hire gig workers.

Here are some key takeaways from the latest edition of the Index:

  • 47 percent of respondents receive 40 percent or more of their income from gig economy jobs.
  • 81 percent said they’d do more gig work if they were paid faster.
  • 65 percent would not quit their gig for a full-time job.

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