1099 Economy Growth and Challenges
16
1099 Economy
-
Upload
jayastu-bhattacharya -
Category
Internet
-
view
144 -
download
4
Transcript of 1099 Economy Growth and Challenges
1099 Workforce
● Driver by day
● Task Rabbit jobs between rides
● Blog about the experience in the evening
GrowthFinancial Capital:$1.3B in VC invested
Independent contractors: 30% of workforce in 200640% of workforce by 2020
Payment ActivityRiders Use CC through Mobile App:
Percentage Fee + Flat Fee Per Transaction =
Est. $8 million/month in payment fees
Risk1099 workforce is redefining
traditional business structure, using
tech and payments platforms that
ensure trust