Gig Economy

A Gig Economy is a labour market characterised by the prevalence of short-term contracts, temporary, or freelance work that is based on workforce participation and income generation by a single project or task for which a worker is hired without guarantee of pay, but normally paid per piece (e.g., a set rate to deliver a package or drive a fare to a location, etc.) rather than working for an employer. (Opposed of a Permanent Job)

Related Definitions in the Project: The Commercial Definitions; Business Organisation

Posted in Controls, Management and tagged , , , , .

ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.