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Decoding millennials in the gig economy

Millennials' participation in the gig economy continues to rise and organisations are eagerly tapping into this pool of workers to hire more people off their balance sheets. The article explores the trends behind a 16% jump in median income amongst millennial alternative workers, and the driving forces behind a dip in the proportion of millennial women participating in the alternative workforce.

Key Take-outs from this Report

Six emerging and notable trends that should be on the radar of any leader seeking to leverage the millennial alternative workforce:

  1. The proportion of women in the millennial alternative workforce is shrinking, possibly because more millennial women than men are going back to school.
  2. The proportion of household income millennials receive from alternative work is increasing.
  3. Most alternative millennial workers make less than their traditional full-time employed counterparts.
  4. Millennial alternative workers are often supported by someone else in their household.
  5. Alternative millennial workers are more likely to find jobs in the arts, maintenance, and administrative professions.
  6. Alternative millennial workers appear to be more likely to break the rules, have emotional agility, and work hard

Decoding millennials in the gig economy

Speak to our Human Capital specialists to find out how to ensure that your employees are ready for the future of work.

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