Work Style: The Future of Gig and Tele(work)
June 27, 2021 (Sun) Cloudy then rain
- Working styles: Ahead of Gig and Tele, business prosperity, visible growth and distortion
For highly skilled professionals to gain freedom, or for those with limited skills to efficiently convert labor into money,
and from the perspective of companies and business owners to mobilize the right talent as needed, "a new way of working" spreads.
Lancers <4484> [Close 549 yen] according to this survey,
the domestic freelance population in 2021 (including side jobs and second jobs of company employees) rose 57% from 2020 to about 16.7 million.
In simple terms, it has come to account for about one-fourth of Japan's workers.
The global gig economy market size, which was 20.4 billion dollars (22 trillion yen) in 2018, is projected to expand to 455.2 billion dollars (50 trillion yen) by 2023.
- Working styles: Ahead of Gig and Tele, business prosperity, and the growth and distortion now visible
Telework, which spread to avoid “crowding,” is also at the door of the next phase of this another “new way of working.”
Fuji Xerox achieved the fruits of being a pioneer <6702> [Close 20225 yen].
From 2020, the group companies shifted to basically remote work for 80,000 employees,
and in the March 2021 consolidated results, related expenses decreased by 35 billion yen, helping push net profit to a record high.
- Working styles: Ahead of Gig and Tele, business prosperity, and the growth and distortion now visible
As the light of the "new way of working" grows stronger, its shadows will become darker.
Gig workers are not in an employment relationship with companies.
While the opportunities for highly skilled workers to negotiate on an even footing with employers increase, the establishment of protections for people who sell their labor is still in its early stages.
The expansion of telework not only pressures businesses such as railways and office buildings, but also leads to issues like hidden overtime and “black telework.”
- Working styles: Ahead of Gig and Tele, in spare time at your favorite place
Gig work and telework. People’s work styles have changed dramatically since the onset of the novel coronavirus.
While possibilities for free work without time or place constraints widen, rules and regulations struggle to keep up with rapid changes.
- Working styles: Ahead of Gig and Tele, in spare time at your favorite place
Gig work “intermediary space” rapidly expanding: consulting orders via smartphones / app development projects posted
Japan: Biz Stars (Vistasuku) <4490> [Close 3810 yen] 1 hour from sport consulting; stock price rise/fall as of end-March 2020 vs June 24 (overseas as of 23): 3.8x
Froud Works <3900> [Close 1622 yen] Over 4 million registered users; high-skill labor side jobs mediation also up 2.3x
Geeks <7060> [Close 1848 yen] Intermediary service specializing in IT talent 67.5%
Lancers <4484> [Close 549 yen] Dispatching high-paying projects to top-tier talent 2.4%
Tsunagu Group <6551> [Close 361 yen] Using big data to support job postings 2.0%
Coconala <4176> [Close 2156 yen] E-commerce type service matching; up 20% since上市 (listing)
Overseas: Fiber International (Israel) EC-type matching with over 3.4 million users in more than 160 countries, 9.5x
Upwork (US) operating services in 180+ countries, 8.5x
Uber Technologies (US) a world-leading ride-hailing and delivery company, 80.9%
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