According to Economic Times' recent report, online platforms face an acute shortage of delivery executives. Online food delivery platforms are getting forced to suspend their services in major cities temporarily. While other online delivery companies have been unable to increase payouts, they opt to remain quiet about the delivery fleet crunch.
It has equally affected restaurants, in fact in double digits. The ones that operate directly on gig workers are looking for ways to increase the compensation. The shortage of delivery partners is about 10% daily, where it goes up to 25% as the demand arises.
Various reasons are causing the shortage of gig workers, some of them being
Rising fuel prices:
In the past few months, fuel prices have caused a dip in the monthly income of gig workers. As the hikes in petroleum and diesel rise, it is causing inflation in India to cripple. While most delivery executives use two-wheelers to deliver food and groceries across the city, the sharp increase in prices is creeping into the costs of their other commodities. These rising prices have also affected the prices of fruits, vegetables, milk, and other food product, making it hard for gig workers to continue their jobs,
Inflation in Economy:
Inflation is the rate at which the prices of goods and services are rising. As the price of housing, food, medical care, and utility increases, it is causing inflation in the overall economy. While gig workers are facing a lot of challenges in keeping their hold in the market, the investors and big companies are enjoying the rise in the stock prices.
Workers returning to their pre-pandemic jobs:
Pre-pandemic jobs reacted like a wild card for gig workers during this time. Most gig workers are preparing to return to their previous jobs as they find it more challenging to manage their expenses with the rise in the market. They believe that it would be difficult for them to survive with fewer gigs in the gig economy.
Exploring other options:
While companies are looking for other options, such as moving to e-bikes and increasing the payouts, it is difficult for quick commerce companies. The brands are looking for ways to solve this rising issue without affecting their reputation.
Many new young delivery partners moved towards the gig economy because of the pandemic. Still, with the economy reopening, there can be a mix of jobs for blue-collar workers.
While increasing the supply chain for the long run may be the only option for companies, the adoption of electric vehicles will cost the last mile logistics operation.
So what is the bigger picture?
Taskmo: B2B Gig Marketplace provides last-mile delivery services for all online platforms. With a presence in 15+ cities across the nation and a 10 Lakh+ distributed network of gig workers, Taskmo delivers packages safely and effectively on time. The dashboard offers continuous real-time monitoring and tracking of the gig workers, thus maintaining work's complete transparency.
Contact us for all your delivery needs, from same-day to standard delivery. Taskmo will take it around for you!
There has never been a more perfect time to become a freelancer.
With so much of the workforce switching to the gig economy, it might be time for you to take a look at your own career and see if serial side hustling is the way to go.
Today, we are going to look at 38 freelancer statistics that you need to know for 2021 that might surprise you.The freelancer population grew from 17% of full-time freelancers up to 27% from 2014-2019.Making up 36% of the global workforce in 2020, freelancers are becoming more of a demand in many niches.In 2020, the second most common insurance policies sold were from freelance and consultant insurance workers.Over 90% of freelancers are optimistic about their future in freelancing.From 2019 to 2020, there was an 8% increase in freelancers, which totaled about a 2 million freelancer increase.With the current pandemic, freelance job postings increased by a little over 40% during Q2 of 2020.
Freelance and consultant policies that were purchased over the last year grew by 26%At the beginning of 2020, freelance policied dropped heavily up until the height of the pandemic.
The freelance community bounced back dramatically in the later months with policies being purchased through freelance and consultant insurance workers doubled each month.While Gen Z has seen a tougher job market, over 50% of 18-22-year-olds have claimed to freelance in the past year.A little over 40% of millennials have reported having freelanced over the last year.Due to COVID-19, 36% of Gen Z freelancers started after the onset of the pandemic.Over the past year, over 59 million Americans have participated in some type of freelance work.When it comes to 39-54-year-olds (Gen X) 30% of them are freelancers.When it comes to Boomers (55+ years old) 26% have or currently freelance.When it comes down to gender, 60% of freelancers are men while 40% are women.Freelancers who perform skilled services earn on average $28/hour, which is more than 70% of workers in the US economy.
When it comes to wages, over 30% of freelancers are making $75,000 or more.For freelancer copywriters, the national average salary is $81,748An average workweek consists of 43 hours for most freelancers.With COVID-19, 23% of freelancers have lowered their hourly rate.Over the past 6 months, 58% of freelancers worked with more than 5 clientsIn the total arts and design workforce, freelancers had made up around 75% in 2019.When it came to freelancer policies sold, 50% were sold to photographers in 2020.Over 60% off all freelancers sell 2-3 different skill sets.
