After rain comes sunshine. Covid-19 had an effect on Gigway’s business during spring 2020, then came fall and we had a record month in September 2020.
Covid-19 will push changes in many industries. Many companies had to let people go, terminate consultancy contracts or wait with initiatives during fall. We now see business on the market picking up again and it is a joy to see how freelancers is utilized even more.
Long term the gig economy, especially for professionals expects to grow even faster. For Gigway, september was a record month in terms of gigs signed and order value of the gigs. Traffic to our website have more than doubled and order value of gigs in Gigway is 500% more than during spring 2020.
We’ve had a record gig signed within 45 minutes (!) and longer consultant contracts again. We’ve seen media companies convert a large part of their workforce to hourly consultants as long term strategy. We’ve seen large app and website projects, translation of articles to norwegian and finnish and SEO consultant hires.
We’re now building a next version of Gigway where you can invite your own freelancers and collaborate with both them and your colleagues. Stay tuned. Or join as a beta pilot client by reaching out to:
Toni Leonof, Business manager, toni@gigway.se
Adrian Swartz, CEO, adrian@gigway.se
For the curious one – here’s some more trend report articles about the professional gig economy that we gathered:
Will the Pandemic Push Knowledge Work into the Gig Economy? – Harvard Business Review
Most of the barriers that still make it difficult for companies to integrate gig workers or freelancers are cultural factors, which were the same or similar ones that constrained remote work by full-time employees. As the author claims: “If these issues can be resolved, whether a remote worker is full-time or gig-based is simply a matter of contractual documentation.”
Are we ready for more on-demand freelance work? – McKinsey Digital
The author reflects on how society should adapt to be ready for on-demand work:
“Extended enterprises will need to devise new ways of managing human resources, a growing number of which will be outsourced even though they contribute to mission-critical processes and, in some cases be in direct contact with the customer. Governments will have to adjust social safety nets that currently are employer-based, such as retirement schemes and other benefits.”
The future of work in Europe – McKinsey Digital
A deep analysis of the labor market in Europe after Covid-19. Automation, migrations and shrinking labor supply are other factors that will shift the geography of employment.
Future of work: how managers are harnessing employees’ hidden skills – Financial Times
Have a look at how different companies are taking the lockdown lessons and shifting some of their old processes.