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Money.com gigeconomy
Money.com gigeconomy












money.com gigeconomy

“The status is determined by the real nature of the working relationship, not what an employer or engager chooses to call it. The guidance read: “For an employer or engager, it is important to understand that the status of an individual they employ or engage is not simply a matter of choice. Hunt said the guidance was designed to “help curb unscrupulous employers from attempting to exploit the system in order to save on employment costs”.

money.com gigeconomy

Over the past decade an increasing number of companies, including Uber, opted not to employ individuals working for them, instead treating them as self-employed.īy doing this, they saved themselves considerable employment costs by avoiding having to pay employers’ National Insurance Contributions and statutory workplace pension contributions.

money.com gigeconomy

Money.com gigeconomy drivers#

So-called gig economy workers typically work for one or a number of services, such as cab drivers working for several ride hailing apps or delivery workers taking orders from multiple services. This entitles them to core employment protections including earning at least the National Minimum Wage as well as being given paid holiday leave and a company pension.Įmployment status affects everyone who works, with basic pay, leave and working conditions dependent on whether a person is an employee working for one company full or part time, a worker contracted with one or several companies, or a self-employed individual with full control over who they work with. It follows the landmark Uber Supreme Court judgment in February last year, which held that individuals in the gig economy qualify as workers. While not a change in the law, business minister Jane Hunt said the guidance was “tidying up the rules” to help workers find out if they are being treated fairly by their workplace.














Money.com gigeconomy