Gig work has been a game-changer for the Indian economy in recent years, creating opportunities for a wide range of people to earn a living and ultimately boosting GDP. People are increasingly favoring gig labor over traditional employment opportunities due to its attractive combination of portability and independence.
Businesses that hire gig workers can cut costs on things like office space and equipment, while gig workers can do more of what they enjoy and increase their income. Now let’s find out gig economy to hosts drivers companies.
What Does “Gig Economy” Mean?
Due to the wide variety of gigs available, defining the gig economy is tricky. Even yet, there are a few quirks that are unique to this system.
“a broad definition of the gig economy refers to a move away from the typical job relationship toward growing flexibility—all contract work, contingent labor,” explains Anne Keegan of Ireland’s UCD Michael Smurfit Graduate Management School.
She is an expert on the problems and opportunities of the “gig economy” and a professor of international human resource management.
What Did Gig Company Provides to the Consumers
The gig economy provides an option for consumers who are looking for something different from the standard retail and service offerings. People participate in the gig economy because they value independence, financial savings, or all three.
And this is true for both Uber and Grubhub, two of the most well-known on-demand food delivery businesses. The proliferation of gig economy apps is due to more than just a need for services that are unavailable or prohibitively expensive. In areas with a scarcity of available hotels. Thanks in part to Airbnb, there are now more affordable short-term housing options than ever before.
List of Best Companies for GIG Workers
Here is the list of some best companies for GIG workers:
1. Flipkart
The majority of Flipkart’s contingent workforce consists of delivery drivers. The e-commerce behemoth, co-founded by Sachin Bansal and Binny Bansal in 2007, links vendors with buyers and handles shipping. Flipkart also equips its supply chain workers with training and the tools they’ll need to do their jobs.
2. Urban Company
With Urban Company, customers may get a wide range of services straight to their homes, whenever they need them.
Currently, Urban Company has a global presence in four different countries, with over 35,000 qualified workers delivering over 7,000,000 services every month.
3. Bigbasket
Bigbasket, established in 2011, is an internet-based supermarket that provides home delivery of food items. Over 35,000 people are employed by the business throughout 30 cities in India, with the vast majority of these working as delivery drivers.
4. Swiggy
Swiggy is a convenient online food delivery service that sends meals straight to your home. The organization, which has its roots in 2014 and is headquartered in Bangalore, has expanded its operations to 500+ locations across the globe.
Swiggy is not only one of India’s most successful startups, but also one of the world’s fastest-growing private firms. Around a million packages are delivered each day by this company, which employs more than 1,30,000 individuals.
5. Zomato
First released in 2008 under the name Foodiebay, Zomato changed its name to Zomato Media Pvt Ltd in 2010. A company called Zomato was started by Deepinder Goyal and Pankaj Chaddah.
In 2018, the company became one of India’s Unicorns. It can be purchased in many different countries, such as the UAE, Sri Lanka, Canada, Australia, and the UK.
6. Amazon
Amazon entered the Indian market for the first time in 2013, and since then it has expanded rapidly to become one of the major e-commerce sites in the country.
Flex was developed by Amazon to accommodate the growing demand for deliveries and other gig economy jobs in India. Individuals who possess their own vehicles can apply for the delivery job and get up to Rs.140 per hour.
7. Pharmeasy
Located in Mumbai, PharmEasy is an Internet-based pharmacy and medical supply distributor. The software also offers telehealth and online doctor consultations. The PharmEasy app takes the customer’s prescription, verifies it at the pharmacy, and then sends the consumer their pills.
During the epidemic, the organization also ran a campaign called “gift a mask,” in which customers were encouraged to provide masks to frontline workers and the organization doubled the value of each mask given.
8. Uber
Since Uber’s launch in 2013, the company has helped connect more than 95 million customers and drivers across India. It’s a taxi and rideshare service that operates solely online and takes reservations over the internet.
Many drivers in India have found work through the gig economy thanks to Uber, but the company’s structure in India is considerably different from that in other wealthy countries.
Conclusion
The term “gig economy” refers to a free market system in which independent contractors are hired by businesses for short-term projects. A “gig” is slang for an employment with a set start and end date.
The term originally referred to a musician’s commitment to play a concert. Freelancers, independent contractors, project-based workers, and temporary or part-time personnel are all types of gig workers.
Customers and gig workers are typically brought together via digital platforms and specialized apps.
