The Gig Economy: An Impact to Employee Employer Relationship

Abstract

A large number of workers are no longer employed, with the development of Corona virus spread COVID-19 disease, employability becomes a very serious issue in the country like India. Corporate world is witnessing the survival challenge in an unstable economic scenario. This problem has come up with new avenues of business and requires the change in mindset of doing business and the job. Globally, companies are hiring gig employee under flexible arrangements as freelancer; working on specific terms and condition for a particular assignment only. This paper explored the benefits and challenges to employees and employer and the subsequent impact of such benefit and challenges upon their relationship is analysed through extant literature review of rising gig economy in India.