HR Glossary
What is Gig Economy?
An economic model built on short-term, flexible, on-demand work arrangements where individuals perform discrete tasks or projects rather than holding traditional long-term employment, often facilitated by digital platforms.
Why it matters in hiring
Gig Economy comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.
Related terms starting with G
- Garnishment
- GDPR
- Gender Pay Gap
- Gender Pay Gap Reporting
- Gig Worker
- GINA - Genetic Information Nondiscrimination Act
- Glass Ceiling
- Global Payroll
Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.
