Majority gig workers content with work; lack of insurance, PF a concern: Report

About 84% of gig workers are satisfied with the nature of their work, but some also raised concerns about the lack of social benefits like insurance and Provident Fund (PF), according to a report released today. 

The report by market research company Ipsos is based on a survey of 3,668 gig workers, across platforms such as Swiggy, Zomato, Uber, Ola, InDrive, Rapido, Amazon, Flipkart, Zepto, BigBasket, and Dunzo, from six metro cities: Delhi, Mumbai, Chennai, Bengaluru, Kolkata and Hyderabad.

High earning potential (29%), flexibility of schedule (27%) and place (89%), and desire for independence (24%), stand out as the top motivators for gig workers to join the sector.

Flexibility (31%) across platforms, being their boss (29%) and finding a better work-life balance (25%) were other key aspects of the gig economy.

On the other hand, the survey revealed 29% of gig workers highlighted the lack of social security benefits as a challenge.

Further, the survey revealed that in the absence of gig work, only 30% would prefer traditional work/look for a full-time job as an alternative to meet their financial goals.

About 77% of gig workers also said they would recommend their work to others seeking job opportunities.

(Source: IANS)

- Edited for style