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How To Know If The Gig Economy Is For You
- Gig work — that is, freelancing or taking on work as a consultant — involves contracting for short-term, project-based work.
- Frustration over fruitless job searches and an unwillingness to accept the low wages of an underemployed college graduate is leading many to explore entering the gig economy.
- Before plunging in, it’s important to carefully investigate the pros and cons of gig work.
- Gig work provides a level of independence that allows you full control over the projects you take on.
- New hires in a company, especially new grads, are provided some measure of training to help them dovetail their skills with the requirements of the position.
- Becoming a gig worker means you’re the person in charge of finding health insurance, paying self-employment taxes, and covering all business expenses.
- Savvy and successful gig workers don’t rely on projects from one client alone.
- Make sure you can navigate the challenges of gig work before entering this world.
- Gig work offers many upsides for those who have the moxy to capitalize on a skill and be their own boss.
- Reach out to any gig workers you know and find out how they manage the pros and cons of the gig economy.
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