Role of Gig Economy Participation in Shaping Worker Economic Security in Indonesia
DOI:
https://doi.org/10.47604/ijs.2830Keywords:
Gig Economy Participation, Shaping Worker Economic SecurityAbstract
Purpose: The aim of the study was to analyze the role of gig economy participation in shaping worker economic security in Indonesia.
Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
Findings: In Indonesia, gig economy participation offers flexibility and additional income, aiding financial stability for many workers. However, it also introduces challenges such as income instability, lack of social protections, and limited access to benefits. This situation can lead to significant economic insecurity, especially during downturns. While gig work provides opportunities, it highlights the need for enhanced labor policies and social protections to improve economic security for gig workers. Policymakers should address these issues to better integrate gig workers into social safety nets and ensure fair labor practices.
Unique Contribution to Theory, Practice and Policy: Theory of job demands-resources (JD-R), social protection theory & human capital theory may be used to anchor future studies on analyze the gender inequality in the workplace in Japan. Employers and gig platforms should create and integrate financial planning tools and resources specifically designed for gig workers. To address the economic insecurity faced by gig workers, policymakers should implement portable benefits systems that can be carried across various gig jobs.
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