Zeal

Gig companies can continue to classify drivers as contractors in California. The California Supreme Court ruled that Proposition 22, a bill that allowed gig workers to be classified as independent contractors rather than employees, is here to stay. With recent agreements reached in Massachusetts and other states it's clear that each state is going to create it's own regulations around gig worker classification. Staying compliant is going to be more difficult, fines are going to increase, and costs of managing compliance are going to increase. https://hubs.li/Q02J49Hm0

Wonolo helps workers find local jobs that work with their schedule. Companies can easily fill on-demand, temp, seasonal, and temp-to-perm roles quickly. Wonolo required a payroll that would allow them the flexibility for workers to work a different job with each shift. Zeal delivered with a flexible payroll platform that not only allowed this, but made it simple for them to manage with automation. Learn more: https://hubs.li/Q02HY-q90

More than 50% of Gen Z and Millennials are embracing the gig economy. But it's not all about money... "Research highlights the desire for flexibility and work-life balance as a key motivation behind the turn towards part-time entrepreneurship." https://hubs.li/Q02HxMXh0

Earned wage access is used by over 10 million Americans to access over $30 billion in funds. It's about to change. The Consumer Financial Protection Bureau said that apps that allow workers to access their paychecks in advance are providing loans and therefore subject to the Truth in Lending Act, and are required to disclose all loan costs and fees. https://hubs.li/Q02HhMNK0

“I don’t care what you call it…Just make it better.” - Gig Workers A recent study shows that 1) gig workers love flexibility in their work and 2) don't like being left out of support systems. Gig work platforms have the ability to make things better.

How should we provide benefits to gig workers? Traditionally, employers provide benefits to their full-time workers. Gig workers value the flexibility of being able to vary their hours. This makes it difficult to apply the traditional benefits model... https://hubs.li/Q02GzqHr0

Can gig workers unionize? ✊ We're going to find out... That question will be on the November ballot for Massachusetts voters. Should it pass it would be the first state to establish a union for drivers. Similar efforts are happening in California. https://hubs.li/Q02G7gkW0

Do you know the costs of non-compliance in gig work? Failure to offer healthcare insurance when required can cost you $4,460, per employee! I-9 violations can be more than $28,000, per violation! 🤯 Learn more about gig work compliance: https://hubs.li/Q02FKHs_0

The American Benefits Council proposed to Congress a Five-Part Gig Worker Plan to enhance gig worker retirement security. 1. Clarify that there is no effect on independent contractor status 2. Direct the agencies to promote and facilitate arrangements like PEPs, DCGs, and SEPs 3. Eliminate a major barrier to the use of PEPs for gig workers 4. Eliminate a major barrier to the use of DCGs for gig workers 5. Update a very outdated rule applicable to gig workers Learn more in their proposal: https://hubs.ly/Q02FGwWG0

It's not a phase, mom. Gig work is how people make a living. The percentage of people doing independent work to add discretionary income has fallen from 40% to 20% since 2016. More than 70% rely on independent work as their primary income source. https://hubs.li/Q02Fgjc_0