gigbased
Gigbased is a term used to describe work arrangements in the gig economy that revolve around short-term, task-based assignments. In a gigbased model, workers typically operate as independent contractors rather than traditional employees, accepting individual gigs posted on digital marketplaces or directly by clients. The term emphasizes the transactional nature of the work, duration of tasks, and reliance on platforms to connect demand with supply.
Digital platforms underpin the gigbased model. They host listings, enable matchmaking, process payments, and provide ratings
Benefits of gigbased work include flexibility and immediate earning opportunities, while drawbacks can include income volatility,
Gigbased platforms have grown across industries, driving entrepreneurship and on-demand service delivery but also prompting debates