Employee Governance (LC 2027) (Leaving Cert Business): Flashcards

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The Gig Economy
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Gig economy definition

Temp/freelance work via platforms; on-demand services

Examples of gig economy jobs

Food delivery, tutoring, web dev, writing, transport

Gig workers in Ireland (number)

Over 200,000 people

% of Irish workforce in gig economy

8-9% of workforce

Main benefit: flexibility in gig work

Choose when, where, how long to work; work-life balance

Gig economy opportunity: income

Supplement primary income; earn extra in spare time

Entry barriers to gig work

Minimal training/credentials needed

Job security in gig economy

Very little security; temporary jobs, inconsistent income

Workers' rights missing in gig economy

No sick pay, pensions, holiday pay, health insurance

Growth factors for gig economy

Digital platforms, customer demand, flexibility needs

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