Before discussing every aspect of the gig economy, let’s find out what the gig economy refers to. The gig economy mostly includes short-term employment on a contract basis. It is widely known as “Freelancing” or sometimes referred to as an independent work base or sharing economy. There are almost 7 million freelance workers in our country. The number of gig workers in India is expected to rise by 2030. It allows a person to take up diverse categories of jobs that suit their interest and skills.

The Boom of the Gig Economy in India

Globally, the traditional concept of jobs is slowly fading away. It is very important from an Indian perspective as our nation bears the crown of being the most populous country in the world. So employment is always an important matter to discuss in a society as complex as India. The Younger generation mostly prefers to take up freelancing work after considering the benefits as they often find the traditional mode of jobs monotonous for their life.

The increase in the use of digital platforms has led to the rise of the freelancing concept. If anyone is interested in designing, then graphic design is a good option. If you are a wordsmith and love to express your thoughts in words, then content writing can be a promising career for you. There are multiple other ways of earning money just by engaging in contractual work.

Let this be known to you that freelancing is a double-edged sword. It has both advantages and disadvantages to discuss.

Pros of the Gig Economy

• It provides diversity and gives you ample opportunity to work on a wide range of topics and strengthen your skills.
•  It can be for anyone with a zeal to work, be it a student, homemaker or even retiree who is willing to have quality engagements. For anyone looking for a supplementary source of income, freelancing could be a great option to explore. 
• We need to understand the social diversity of India, so the traditional permanent job prospects are limited. Freelancing can be a boon for us and help us to carry our economy forward.

Cons of the Gig Economy

• There are certain types of challenges that one can feel as a barrier in their freelancing career. They mostly work as independent employees, so they do not receive benefits from the government. Even if there are any benefits from the government side, it is far less compared to the permanent job. 
• There is no health insurance or any form of retirement plan for freelancers and most importantly, they remain out of reach of the provisions of the Labour law.

However, the Indian government has recognized the importance of the contribution of gig workers to our robust economy. In 2020, the MoL & E proposed a legislative framework that aims to protect the rights of these gig workers.

How can Career Corps help you?

If you want to work as a freelancer in various companies, then “skills” are most important. It will be difficult for you to be a part of the gig economy without relevant skills and knowledge. To help you become successful in the freelancing domain Career Corps has come up with a few career development programs. Explore different career development programs offered by Career Corps that provide you with a 100% job guarantee in a legal document without any terms and conditions. 

The career development programs are designed in such a way that even if you don’t have any prior experience it will help to gain it. It also trains you through various projects that you can add to your resume. 4 different career development programs are currently offered by Career Corps, namely- UX/UI Design, Full Stack Web Development, Blockchain Development and Human Resources(HR). The best feature is that these programs will not take a long time to complete. The maximum duration of all these career development programs is 6 months. So, within this short period, you can get a new skill to add to your resume along with the opportunity of securing a high-paying job in your hands.

Here are the reasons that might propel you to join us:

• 100% Placement Guarantee 
• A network of 500+ Hiring Partners.
• Government certification underscores our commitment to excellence.
• While our mentors provide invaluable guidance. 
• Best of all, no terms and conditions apply, ensuring a seamless journey towards your professional goals. Join us and step confidently into a future brimming with opportunity.

So, get ready to smoothly arm yourself with these skills and start earning money by working as a freelancer.

Grab Your Dream Job Role : https://www.careercorps.tech/