Micro Work, Macro Impact: The Rise of the Microgig Economy— Flexibility or a New Hustle?

After almost half a century, the outdated 9-to-5 system may get an update, altogether evolving the tedious 8 hours of toil. Enter the microgig economy, aiming to transform the sluggish workday into something more, something one would be interested in. But the question arises: Is it sustainable or another trend that will die out eventually?
Let’s try to find out!

From Gigabytes to Microtasks:

So, what is the microgig economy? Picture freelance work, whether in writing or graphic design, or just jobs you could be hired for once. That’s the microgig economy. It’s even in the name—a micro gig! It’s a short-term, project-based working system!

Why Go Micro?

But why micro? Couldn’t you get the same freelancing opportunities everywhere else? The appeal is that they’re flexible compared to others, especially for those who want to balance their work with life. 

• They aid in skill development. Microgigs can help add to the empty space in your portfolio for a more sustainable job in the future. This is valuable for someone looking to enter the workforce or change careers.
• They’re flexible all around. Many micro gigs don’t require you to leave the home, allowing for a flexible location and the ability to work anywhere you want as long as you have a functioning internet connection.
• There’s a variety. Microgigs are open and offer a ton of tasks, so you can find jobs in your interest and manage your workload to avoid burnout.

But is it All That Easy?

Well, no, not really. The microgig economy offers freedom, but it needs to provide consistent pay and benefits.

• Your income fluctuates inconsistently. These are usually pay-per-project gigs, not to mention the challenge of a steady stream of clients.
• Employment benefits are missing. Unlike working for a company, microgig workers are generally responsible for their health insurance, retirement savings, and other benefits.
• Lastly, it’s hard to be consistent with micro gigs. Of course, it’s difficult to schedule time for them.

The Future of Work: A Micro Mix?

Of course, the microgig economy may only partially replace traditional jobs, but we expect it to add to them. You could combine micro gigs with part-time or full-time employment to achieve stability and flexibility. Microgigs may not change the industry but could help create a hybrid working model.
Where to begin? You could start with reputable platforms like Fiverr and Upwork. So why not start your flexible career today?