GIG WORK
78% employers optimistic about gig workers, but technical proficiency key to long-term success
A recent report from TeamLease Edtech reveals that 78% of employers are optimistic about gig workers meeting or surpassing job requirements, emphasizing the critical need for technical skills. The report, titled ‘Gig Economy Skills: Equipping Youth for Freelance and Flexible Work’, draws from survey data of 837 employers across various sectors.
Tier I cities dominate in blue-collar gig job opportunities: Report
A recent report by WorkIndia highlights the growing impact of the gig economy in India's urban landscape. Tier-I cities dominated short-term blue-collar job opportunities, accounting for 67.1% of openings from June 2023 to June 2024, with Delhi leading at 17.7% and Mumbai at 16.57%. Tier-II cities followed with 26% of job openings, while tier-III cities faced higher competition despite 11% of applications. Back-office roles were most in demand, comprising 34.5% of jobs, reflecting a shift towards digital skills in roles like online marketing, marking a significant trend in workforce dynamics.
HCLTech Q1 result; Nasscom on Karnataka gig workers’ bill
India’s third IT major HCLTech’s Q1 profit is up 20% to Rs 4,257 crore. This and more on today’s ETtech Top 5.
Karnataka aims to ensure proposed gig workers bill is ‘win-win for all’
The Karnataka government is planning to extend social security benefits to platform-based gig workers in Bengaluru. Tech firms have raised concerns, leading to a wider consultation. The proposed bill may include a fee on online transactions to fund welfare expenditure. The initiative follows discussions with various platforms and aims to protect workers' rights.
Nasscom writes to Karnataka CM, raises ‘serious concerns’ over draft gig workers bill
Industry body Nasscom has raised "serious concerns" about the new Karnataka gig workers legislation. The Karnataka Platform Based Gig Workers (Social Security and Welfare) Bill, 2024, aims to ensure basic minimum social security for workers.
Karnataka’s proposed law for gig workers to impact business: IAMAI
IAMAI warns Karnataka Gig Workers Bill, 2024 impacts business ease. They urge 30-60 days consultation. Overlaps with central codes raise costs. Issues: health insurance, retirement funds, service costs, demand dips, termination notice, data sharing, dispute resolutions. Minister Santosh Lad included offline businesses, director liability in non-compliance scenarios.
Govt sets up task force to study impact of AI on future of work: Labour secretary Sumita Dawra
The government has formed a taskforce to examine the effects of artificial intelligence (AI) on the future of work, according to labour secretary Sumita Dawra during an industry interaction in Hyderabad on Friday. The announcement was made at an event organized by the Confederation of Indian Industry (CII) and the Employers’ Federation of India (EFI).
Heat, humidity or hale: 'majboori' makes gig workers brave the elements
The weather extremities this summer can, of course, impact any and all. But for those whose daily bread depends on their job, there aren't many options. While companies like Swiggy, Zomato and others made some efforts to relieve their delivery partners of the heat to some extent by offering them refreshments, and resting areas according to the gig workers they weren't very helpful.
Heat, humidity or hale: 'majboori' makes gig workers brave the elements
As Delhi's extreme summer transitioned from heatwaves to humidity and now monsoon rains, gig workers on two-wheelers continued delivering essentials. Despite weather hazards, they endure long shifts, often over 12 hours, due to economic necessity. Efforts by companies to provide rest areas and emergency support have been limited and sometimes inaccessible.
Gig landscape offer a lot of opportunities for mid-career professionals, but there are stumbling blocks too
India's gig economy is booming, offering opportunities for freelancers and mid-career professionals. The sector values skills and experience, providing flexibility and higher income potential. Mid-career individuals can leverage their expertise for a rewarding career in roles like coders, data analysts, and consultants.
Kunal Kamra vs Zomato: Comedian criticizes CEO Deepinder Goyal’s World Record announcement, says 'You’re such a hack'
Comedian Kunal Kamra criticized Zomato CEO Deepinder Goyal on social media after Goyal announced that Zomato set a Guinness World Record for the largest first aid lesson at a single venue. Kamra questioned the working conditions and average income of Zomato's delivery partners, contrasting these concerns with Goyal's focus on the record. The post received mixed reactions, with some praising the achievement while others called for better treatment and health insurance for delivery partners.
More women employees break free from 9-5 cycle, hustle for gig work
The number of female professionals opting for freelance roles surged, with a 300% increase in female consultants in India in FY24 over FY22, as per data from Flexing It shared exclusively with ET. In FY24, global organizations increasingly looked to India for high-quality talent at lower costs, taking advantage of the country's robust post-pandemic remote work practices.
Myth Debunking 101: ‘Gig work is unstable and insecure’
India's gig economy has evolved with stability in gig work being a key concern. Strategic planning can provide stability despite the lack of traditional benefits. Platforms offer benefits and security, debunking the myth of instability.
The AI piggyback ride India badly needs
Sundar Pichai and Satya Nadella emphasize India's potential in AI development to boost productivity and drive economic growth, highlighting the transformative impact of AI on various sectors including services exports, education, and workforce development.
Freelancer’s guide to the galaxy of danger zones in recruitment platforms
The gig economy is booming globally, with India seeing a surge in freelancers seeking work opportunities. While challenges exist in finding the right projects, online platforms are playing a crucial role in connecting freelancers with relevant opportunities. To succeed in this competitive landscape, freelancers need to showcase their skills, work with quality clients, and constantly upskill. However, they must also be cautious of red flags.
Indian gig workers toil at frontlines of AI revolution
Akash and Ikshita engage in online work. Gig workers in India train AI models through microtasks. India emerges as a data annotation hub with a potential $8.22 billion global market and a million-strong workforce by 2028.
Sales glut, sweat and tears: For ecommerce, heat wrings out the worst of worries
Temperatures are a health hazard, erode delivery teams; companies are struggling to meet summer demand. Experts say extreme weather conditions will continue to drive unpredictability and increase absenteeism among gig workers.
Summer heat takes toll on gig workers; the rise of Airchat
Happy Monday! A shortage of delivery executives amid soaring temperatures is becoming a major concern for ecommerce companies. This and more in today’s ETtech Morning Dispatch.
India’s monthly hiring rises 3% in March: Foundit
Hiring in India rose 3% sequentially in March, but fell 4% year-on-year, reflecting global economic uncertainties. White-collar gig hiring surged 184% year-on-year, led by the IT sector, which accounted for 46% of gig jobs. Metro cities like Delhi, Bengaluru, and Mumbai spearheaded gig employment, offering cost-effective solutions and flexibility.
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