It's common for independent and gig workers to experience income levels that can fluctuate every month which makes it more difficult to plan on a long-term basis, so 'Control' has been created to offer Income Guarantees for added support.
The service works by providing professionals with a flexible way to get paid by ensuring they have money coming in every month instead of on a sporadic or uneven basis. This will help professionals to continue having an income even during periods where they might not be working or between projects.
'Control' is a great solution for the increasing number of professionals making independent work or gigs their full-time method of working and offers access to Income Guarantees for a portion of earned income at a later date.
What's Driving This Trend
- Guaranteed Income Services
- Services that offer income guarantees to independent and gig workers to help with income fluctuations.
- Flexible Payment Services
- Services that offer professionals the option to get paid on a flexible basis in order to help with unpredictable income flows.
- Alternative Workforce Income Solutions
- Alternative solutions to help independent and gig workers with securing a stable income flow are becoming increasingly important.
Who This Affects Most
- Gig Economy Platforms
- Platforms that focus on the gig economy could leverage income guarantee services to attract and retain workers.
- Startup Income Apps
- Startups that develop mobile apps to help with income management and flow can partner with Income Guarantee Services to offer comprehensive solutions for independent workers.
- Employment Insurance Providers
- Insurance companies that provide employment insurance may need to evolve their offerings to include coverage for the gig economy and independent workers who are becoming an increasingly important part of the workforce.
