Gig economy is a one-sided contract. The employers pay for the time the skills used. But staying updated costs time and money since gig-economy workers do not have access to the Learning & Development departments the way regular employees do, nor do they have the opportunity to build pension funds, medical insurance leave alone wealth creation opportunities like ESOPs. This is where the government needs to create laws that govern gig-workers.The gig economy works great if you have a financial cushion built in. Then it is a great way to explore the hidden talents you never knew you had. But being a gig worker is also full of insecurity, loneliness and income volatility. The unorganized blue collar workers have always lived without the safety net regular work provides. As 30-40 percent of the workforce of our country is joining this new world of work, it is time to rethink the labor laws. Read more ...