The United States Department of Labor lists both the pros and cons of the gig economy, providing a rough outline of both challenges and opportunities for potential workers.
Gig workers say that they like being in control. They can choose projects they enjoy and schedule their work around their lives.
Flexibility. People who want to work without having set hours may look for gigs to fit their schedules. “I log on and work when I want,” says Ariana Baseman, a rideshare driver in Detroit, Michigan, who transports passengers in her spare time, in addition to working a traditional, full-time job. “It’s that flexible.”
Like other types of flexible employment arrangements, gigs may offer workers an option for adaptability. “The thing that I love about it is the freedom,” says Nick Walter, of Salt Lake City, Utah, who creates online classes in computer programming. “If you decide you want to go on vacation, you can do that.”
Variety. Gigs may provide workers with a chance to try several types of jobs. As a result, they present variety and career exploration to both new and experienced workers. “Take opportunities when they arise,” says Heenan. “You have a lot of chances to do different things.”
And if you’re a “people person,” gig work may offer interaction with a diverse clientele. “I love that I get to constantly work with different people,” says Hayes. “I’m pretty social, so I enjoy meeting all types.”
Passion. You might want to select gigs the same way you would traditional employment: by finding work in which you pursue your interests. And depending on how you schedule your gigs, you might be able to choose among many passions.
Some workers take gigs that allow them to encourage others in a field they enjoy. For example, retired business owner Tamma Ford of Seattle, Washington, takes consulting gigs that let her share her expertise with people who are just getting started.
There’s a lot of uncertainty associated with gig work. For example, you’ll need to have a steady stream of gigs to get consistent pay. Even then, the amount you earn may not offset some of the costs you’ll be responsible for outside of a traditional employment relationship, such as benefits.
Inconsistency. Landing enough work to provide a stable income from gigs alone isn’t always easy, or even possible. As a result, many gig workers find gigs adequate for part-time work but not a full-time career.
Workers may struggle with looking for jobs, not knowing what—if anything—will come next. “Sometimes you’re not making any money because you’re not getting any work,” says Baseman. “That part’s not really in your control.” And even after you complete a gig, you may face periods of no income if there are delays in getting paid.
Scheduling. Not having set hours or an employer who provides direction for the day is challenging for some gig workers. “Unless you’re a very dedicated, self-motivated individual, it can be hard to focus,” says Walter. “There’s no one telling you what to do, no deadlines.”
And depending on the gig, you may need to work nonstandard days or times to finish a job. If you get a gig requiring hours on the weekend, for example, you might not be able to spend time with friends who have traditional 9-to-5 workweeks.
Lack of benefits. Gig workers don’t usually get employer-paid benefits, such as premiums on health insurance and contributions to retirement plans. You’ll need to research these topics and pay for the products yourself. “I took things like health insurance for granted,” says Heenan of his former job, working at a school. “When you freelance, you have to find those things on your own, and it’s expensive.”
Other benefits that gig workers often miss out on are annual leave and sick leave. Like any employees who don’t get paid time off, no work means no pay.