New Survey Finds Gig Workers Lack Financial Stability, Want Faster Pay
Summary
A new survey of 400 U.S.-based independent contractors, conducted by payroll and business payments platform Everee, found that 59% work for more than one company and 91% want to get paid more frequently than every two weeks. Faster pay can improve financial wellness for these workers, of which only 15% have enough to cover an emergency expense and 29% have taken out a payday loan in the last 12 months. It comes with flexibility but without the safety nets of a traditional job, like a guaranteed paycheck,” says Harry Campbell, gig economy expert and founder of “The Rideshare Guy,” who’s discussing the survey results on a webinar February 25. The product includes a contractor time clock, so workers can easily track hours related to specific jobs or tasks and feel confident their payments are accurate. Everee is hosting a free webinar with Harry Campbell, founder of The Rideshare Guy, on February 25, 2021 at 1:30 ET, to cover the results of the survey.