Professional Gig Economy - The New Age of Work

Professional Gig Economy - The New Age of Work - a 2018 report

Flexing It shares key insights on India’s Professional Gig Economy trends in 2018-19. Based on analysis of 2000+ organizations, the research reveals top in-demand skills, the types of companies hiring gig talent, and the extent of flexibility freelance work provides.

Published by: Flexing It

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Professional Gig Economy: The New Age of Work

Key Takeaways

Breakout growth in the freelance economy globally with 20-35% of workforces in developed markets engaged in independent work
The supporting ecosystem is flourishing with growth of freelance platforms, new regulations for freelancers and adoption across organizations.
The nature of freelance work has evolved and new segments of freelancing have emerged – as per a Flexing It survey, 70% of freelancers were from core management functions.
Professionals and corporates in India are adopting the ‘new way of working’ – the gig economy in India has the potential to grow up to $20–30 billion by 2025.
Freelancing can meaningfully help women as a viable career option, especially as they look to stay engaged in the workforce while retaining flexibility.
Organizations in India – from corporates to startups – are starting to leverage flexible talent; however, key enablers need to be in place for this to scale.