This surprise no-show by a gig worker triggers a domino effect: schedules are disrupted, patient waiting times increase, and the remaining staff are stretched thin.
The gig economy is booming! Growth in the gig economy is accelerated by technology that enables companies to automate the planning and assignment of jobs and shifts, culminating in a global market size of $3.8 trillion in 2022 with expectations to reach $20 trillion by 2030.
As the number of people doing contract and flex work has become a greater share of the labor pool, understanding the intricacies of payroll for contractors is crucial for businesses to survive in the on-demand economy.