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