1. Watch & Listen: The Gig Economy. Watch and listen two times to a video interview at INSEAD with Gianpiero Petriglieri, an Associate Professor of Organisational Behaviour. Circle the best option.
https://knowledge.insead.edu/career/are-you-and-your-company-ready-for-the-gig-economy-8516 0:00-2:26
definiton: Gig Economy= a situation where more and more workers are independent, or freelance, and where fewer workers are employed full time by a company or organization.
a. According to Prof. Petriglieri , do we all know that we are actually independent workers today? yes/ no
b. How many years did Petriglieri spend working independently before joining INSEAD? 15/5
c. In the U.S. and Western Europe alone how many gig economy workers are there? 150 million / 15 million
d. What interesting thing developed in the course of their research and from attending conferences?
They discovered their data was not reflective of actual company practices./ They discovered that full-time, permanent employees also felt as if they, too, were treated as freelancers.
e. They ultimately discovered through their research what it takes to be a freelancer & what it does to you / what freelancers do differently from full-time workers.
2A. Read the article about the video topic above. Match the vocabulary words (1-5) to their meanings (a-e). Then write your answer to the question that follows.
The 1) riseof the independent worker is arguably the biggest change to hit the global labour market in decades. 2) Well over 30 percent of the United States workforce reportedly 3) lack“real jobs” working full-time for a conventional company, and that figure, some say, may top 40 percentby 2020. If these trends continue, non-traditional workers will almost certainly attain unprecedented levels of financial and political clout.
Yet the cultural narrative around independent employment remains, for the most part, decidedly disempowering – concentrating as it does upon 4) contingent workers5) at the mercy ofpeer-to-peer platforms such as Uber and TaskRabbit. In this analysis, the so-called gig economy has pushed workers into capitalist freefall, with no safety net in sight.
___ dependant on __ temporary ___ increase __ are missing ___ much more than…
B. To what extent do you agree with the article’s claims that non-traditional workers could obtain a lot of financial and ‘political’ clout with companies? In sum, are independent workers the way of the future, or will company organizational structure survive the gig economy? Write your brief opinion.
3. Figures & Trends. Read the statistics about the gig economy. Correct the highlighted errors. (https://www.mckinsey.com/global-themes/employment-and-growth/independent-work-choice-necessity-and-the-gig-economy)
a. Three often for all workers in the U.S. chose independent work as their primary income.
b. In comparison, 23 million atpeople are reluctant independent workers.
c. 40% inworkers chose gig economy jobs as a casual way to supplement their incomes.
d. The number of workers who supplement their jobs through the gig economy has risen on10% over the past five years.
e. The growth tothis statistic is of concern and to be monitored.
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