The Most Vital Tool to Serve Crying Demand of Changed Global Employment Scenario and Creating Millions of Jobs
Labour force across the globe is undergoing a substantial changes its mindset to keep pace with the global changes where specific nine hours duty including rest interval, a century old concepts, is preparing to be replaced with another set of ‘nine hours duty including rest interval with enriched & diversified option with no rigidity of obligation or commitment to any single employer’ and rest is in ones one control and purely optional.
Gig economy is an emergence of people’s wishes in specific terms and it is driving the economy, that’s the truth now. Since the half of this decade, across all sectors of employment, working class has vividly displayed its likening & disliking while on work and it has consciously choosing a profile which throws open to him a plethora of options with small time slots within eight hours which not only turning him a multi-skilled resources but also multiplying his earning potentiality, and overall not subjecting him to under anyone’s control, supervision or authority. He is being his own boss at the end of the day.
Gig economy is also lending ample opportunity to employers to exercise its own human capital cost in a flexible manner on a real time basis. It shows viable way to opt for fixed term manpower within its budget on any given time & date, as resource on a fixed term employment mode remains no more an obstacle.
Gradually the concept of permanent employment is evaporating and laying the foundation stone for fixed term employment, which the market & the labour force had started embracing since the last 20 years in India and in other countries in the world, FTE had already been recognised as an acceptable mode of employment, simply for the reason that employees are not bound by any stringent policy or rule.
The Minimum Wages or fair wages, does not act as a popular tool to attract working class to any committed employment with job security. Recession has exposed and naked the reality of the job market scenario. Permanent employment no more remain a permanent any more as long as survival of the organisation is concerned. It has shown that the working class was sensibly picked to be axed by the employer as the ‘first option’ when cost curtailing / austerity drive was undertaken by the employer during recession.
So academic background, professional background, hands on sound, enriched & long exposure, integrity, meritorious services, etc etc which are commonly considered as elements of job security, were wiped away from the minds of the employer when recession intruded. But aftermath effect had left a very positive turn around in working class which they considered & reconsidered again and again that forced them to changes their views and aspiration to select temporary or contractual or even daily wages employment as their career bump & earning scope. Insecurity to job is no more a fear factor now as the world runs on gig economy.
More a person is flexible in its approach and receptivity to temporary job of varied nature without stretching his daily employment hours, he turns up with the brightest choice of the employer. Thus his daily or weekly or fortnightly or monthly income is not restricted within a minimum or fair wages, but the person schedules his choice to earning exclusively on his own with option to maintain his work life balance in the most desirable way.
Current trend of temporary job is a product of tremendous level of technological up gradation, advent of cloud based operation & data management, maximizing automation of manufacturing process as well as routine office activities, which is pushing permanent job to extermination.
Consistency in performance is the basic requirement of gig jobs. Perform or get discarded, is the concept. Also persons aged between 18 to 35 years is preferred over others owing to stable health condition to maintain a consistent hard work and perform up to the expectation.
E-commerce business claims a sizeable stake in the market today for sheer dependence on comparatively younger work force, reason, it involves either extensive travels or working during odd hours even up to late night duty. Notwithstanding, picking gig job additionally as an option to earn also exists in persons in permanent employment. It is an extra income which they treat as a support to meet few of his daily needs, including, certain essential family expenses also.
It’s not at all a bad idea to reap the benefit of rampant use of technology based platform, Android phone being one of the biggest facilitator, where people optimally exploiting his comfort, sitting at home even, to opt for more than one source of income, even after his daily stretch of work in permanent job! And
Gig economy in current days, plays a pivotal role in controlling fixed term contract employment and work on freelance mode in India. As discussed in earlier paragraph, permanent job is no more a choice to address unemployment issue in the country.
Platform workers coming as the lucrative choice to organization which enters in to contract with independent workman and platform workers to execute several of its activities directly connected to the business of the organization. It was in 1991, in fact many big private organizations faced tremendous competition with global giants which forced them to hire short term workers and now thriving on short term workforce until the current time.
Reasons are, willingness of job seekers to join fixed term job as permanent positions are in rapid declining phase and also not secured any more. Besides, cost of statutory compliances or contribution in case of short term employment are quite of a shorter stake than a permanent worker. It saves a considerable human resource cost for employers without any sizeable risk of statutory liability. However, the Code of Social Security will cover the Major Acts (total 15 acts – for E commerce 06 acts are applicable). The Ministry of Labour and Employment had undertaken an exercise for drafting a comprehensive law governing universal social security, in lines with the recommendations of the 2nd National Commission on Labour (2002). A first draft of Labour Code on Social Security was published and put in the public domain on 16th March 2017, for comments of stakeholders. In this attempt the Code on Social security Code in the form of a Bill has been prepared after amalgamating, simplifying and rationalizing the relevant provisions of the central labour enactments :-
At the labour force end, it has no location bar, which means gig jobs can be performed from anywhere, do not require to change place of domicile. Entire global market is lying open before gig workers! Gig job is not time barred also because it can be done at any hours at the sole flexibility of the doers.
New age companies has unveiled the demand of short term & free time jobs on one’s exclusive choice and it has proven to be a huge success. It has tempted employable workforce to embrace platform job as a means of their livelihood now. Labour force are not assessed especially against their performance parameter solely and gets relieved of employment in failure to come up with the desired level of performance. Success of an organization needs to rationalize their structure in such a manner as to be more dexterous to attract their customer most. A herd of Big Employers in the market is curiously watching the market movement wheeling on gig workers and many of them has also pledged their investment to yield the market result as a conscious option for survival. Stagnancy in Government jobs, abolition of numerous position, ceasing of recruitment to any permanent post owing to large scale digitization and automation, has left a huge crisis in permanent employment market, which is one of the most basic cause of evolving gig economy.