BEERG Newsletter - Remote Work: World Bank Report Highlights Growth

A World Bank report has highlighted the growth of online gig work globally, particularly in developing countries, where it is becoming an important source of employment for women and young people.

The report estimates that there are as many as 435 million global online gig workers, with demand for gig work increasing by 41% between 2016 and the first quarter of 2023. However, concerns have been raised about the lack of job protections in the gig economy, where workers typically have little security and few employment rights. 

The report also highlights the low social insurance coverage among gig workers globally, with many lacking retirement plans and savings. Despite the precariousness of gig work, it is seen as a better option than no job for many workers in developing nations. In the United States, gig workers represent a growing portion of the workforce, with ongoing debates about worker rights. The World Bank report is based on surveys conducted across 17 countries.

Meanwhile, the Financial Times documents the continual tussle between some managers and employees over office presence. The article appears to come to the conclusion that a hybrid work model is emerging as the landing ground. But does hybrid work necessarily equate X days in the office, X days out in any one week? Should it not be driven by what needs to be done, when it needs to be done, and where it can be done from? Let what will work best evolve through trial and error.