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Is it time to join the 'gig economy'?

Release Date

25 January 2017

With companies such as Uber and Airtasker rapidly becoming household names, many businesse are looking to emulate their successful business model.

You may not be familiar with the term “gig economy”, but you’re sure to have heard of some of the organisations championing this emerging business model. 
 
Businesses like Uber, Airtasker, Deliveroo and Foodora have generated a significant buzz around not only what they do, but how they do it.
 
Put simply, the gig economy refers to an environment where businesses engage workers through digital means (usually via tablets or smart phones) to perform on-demand work for short-term engagements.
 
With lower costs than other business models, it’s a tempting proposition for many businesses, but Joe Murphy, Director, Workplace Relations of Australian Business Lawyers & Advisors (ABLA), cautions against jumping in too fast.
 
“If you are a business looking to restructure your employment arrangements, and you ask us, we will take you back to the tests the courts and tribunals continue to apply,” he says.

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