[Summary]  Independent Work: Choice, Necessity, and the Gig Economy

McKinsey, 2015

 - A high degree of    autonomy  - Payment by gig or sales  - Short-term relationship    between worker and client

Definition Independent Work

20 to 30 percent of the working-age population in the United States and the EU-15, or up to 162 million individuals, engage in independent work

20-30%

At least 15 percent of workers use online platforms such as Uber and Upwork

15%

Approximately 40 percent are casual earners, who use independent work for supplemental income and do so by choice

40%

Medium- to high-income households make up more than 75 percent of all independent earners.

75%

If everyone had the opportunity to pursue their preferred working style, roughly 40 to 50 percent of the working-age population in the US and the EU would be independent.

40-50%

Independent workers are happier, more satisfied with their work, enjoy their topics more, feel more empowered and self-reliant, are more flexible and spend more time with their families and friends.  They also earn more and receive more recognition.

Summary