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Is gig work intended to be a substitute for employment, or a career? My impression was these jobs are for folks who need an extra income or are in a temporary
by fareesh 3y ago
Is gig work intended to be a substitute for employment, or a career?
My impression was these jobs are for folks who need an extra income or are in a temporary rough spot in life.
Does the math allow for gig workers to be paid more AND for the venture to remain profitable to a degree that reasonably satisfies investors AND consumers to pay a minimal additional amount?
- swores 3y agoIt may or may not still be feasible for these companies if they were paying minimum wage, but that's irrelevant to the fact that minimum wage is a requirement. Doesn't matter if the worker is already earning £100k in their main job, and 5 hours of "gig economy" work, those 5 hours are still legally required to hit the minimum wage.
- lifeonlars 3y agominimum wage legislation does not have an exception for those in a 'temporary rough spot' there are lots of businesses which would be profitable if they didn't have to worry about laws or regulations, but which are unviable in the real world. for example, selling methamphetamine to middle school kids in tony neighbourhoods.
- yanellena 3y agoA lot of these ventures aren't profitable even while paying their employees a pittance.
- brewdad 3y agoThe fact that these job my be side gigs is irrelevant to a discussion about whether they are dodging minimum wage.