Fairwork India Ratings 2024
Context:
Fairwork India Ratings 2024 was released recently
About the Fairwork India report:
- The report analysis work conditions of platform workers on digital labour platforms in India. (Platform workers are those whose work is based on online software apps or digital platforms).
- It examined 11 platforms – Bigbasket, Flipkart, BluSmart, Ola, Porter, Swiggy, Uber, Urban Company, Amazon Flex, Zepto and Zomato.
- The report examines platforms on 5 major parameters: Fair pay, Fair Conditions, Fair Contracts, Fair Management, and Fair Representation.
The Gig Economy:
- The gig economy has emerged as a significant phenomenon in the modern world of work, characterized by its reliance on temporary and independent work arrangements.
- Gig workers, as outlined by the Code on Social Security, 2020, encompass individuals engaged in work outside traditional employer-employee relationships.
- Several factors have catalyzed the expansion of the gig economy:
- Flexibility in Work Location: The digital age has liberated work from fixed locations, enabling global talent sourcing and project-specific engagements.
- Shift in Work Approach: The millennial generation’s inclination towards fulfilling work rather than conventional careers has altered workforce dynamics.
- Start-up Ecosystem: Start-ups’ preference for contractual freelancers for non-core activities has increased gig work’s prevalence.