As most of us know by now, the percentage of individuals who are working as independent contractors either part time or full time continues to grow. Many employers have embraced this trend and continued to hire more and more contractors who work alongside the regular labor force and meet specific needs. Other employers opt for nearly exclusive use of contractors to meet their labor needs.
From an individual’s perspective, there are benefits like more autonomy over hours and typically a lot of flexibility. But there are a lot of downsides to consider, as well. Here are a few downsides to gig economy work from the contractor’s perspective:
