Working in the gig economy: Short-term gain, long-term pain?

Gig economy firms burst onto the scene here five years ago, led by ride-hailing firm Grab, followed a year later by food delivery provider Deliveroo. Today, Grab also delivers food; and other ride-sharing firms include Gojek. The flexible hours of gi
Gig economy companies like Gojek are changing the nature of work. Jobs are enabled by these companies, which use technology to bring together services, providers and hirers.PHOTO ST PHOTO: LIM YAOHUI

The appeal of jobs in the food-delivery and ride-hailing industries, especially for young people, lies in a variety of factors, including their almost non-existent barrier to entry. But are these jobs sustainable in the long term, and is there career progression? Insight examines the issue.

When the company where Mr Mafteem Farshad was working as a store manager shut down a year ago, he feared this would also close the doors on his future.

The 29-year-old was in the middle of part-time undergraduate studies, which the job helped finance. Without the money coming in, he might not be able to afford to study anymore.

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A version of this article appeared in the print edition of The Sunday Times on June 02, 2019, with the headline 'Short-term gain, long-term pain?'. Print Edition | Subscribe