#GigEconomy
FI’s boosting Gig Economy
The COVID-19 pandemic has accelerated the adoption of newer processes, ushering in a new competitive landscape, stifling growth in some traditional product areas, prompting a new wave of innovation, recasting the role of branches, and of course, accelerating digitization in almost every sphere of banking and capital markets powered by the most modern of cloud-based technologies. It is also a fact that, without flexible, local payment options and banking alternatives for a global gig economy workforce, engagement and retention suffer. The gig economy is based on people working freelance, temporary or short-term positions outside traditional employment. And it's booming. One in five adults with a banking account has a gig job or side hustle.
As the gig economy grows, so will the importance of providing flexible payment solutions. At the same time, scalability in terms of both performance and business is increasingly important for companies providing accounts receivable factoring. Software as a Service has become an ideal solution for banks and factoring companies both large and small—particularly for those just starting out—due to the many and varied benefits cloud-based systems provide. Disruption is creating opportunities and challenges for global banks. While the risk and regulatory protection agenda remains a major focus, banks must also address financial performance and heightened customer and investor expectations, as they reshape and optimize operational and business models to deliver sustainable returns.
Follow Us On :-
https://www.facebook.com/VARINDIAMagazine/
https://twitter.com/varindiamag
https://www.instagram.com/varindia/
https://www.linkedin.com/company/14636899/admin/
https://in.pinterest.com/varindia/?
https://varindia.tumblr.com/?
Visit on https://varindia.com/ to know more
La.
#GigEconomy
FI’s boosting Gig Economy
The COVID-19 pandemic has accelerated the adoption of newer processes, ushering in a new competitive landscape, stifling growth in some traditional product areas, prompting a new wave of innovation, recasting the role of branches, and of course, accelerating digitization in almost every sphere of banking and capital markets powered by the most modern of cloud-based technologies. It is also a fact that, without flexible, local payment options and banking alternatives for a global gig economy workforce, engagement and retention suffer. The gig economy is based on people working freelance, temporary or short-term positions outside traditional employment. And it's booming. One in five adults with a banking account has a gig job or side hustle.
As the gig economy grows, so will the importance of providing flexible payment solutions. At the same time, scalability in terms of both performance and business is increasingly important for companies providing accounts receivable factoring. Software as a Service has become an ideal solution for banks and factoring companies both large and small—particularly for those just starting out—due to the many and varied benefits cloud-based systems provide. Disruption is creating opportunities and challenges for global banks. While the risk and regulatory protection agenda remains a major focus, banks must also address financial performance and heightened customer and investor expectations, as they reshape and optimize operational and business models to deliver sustainable returns.
Follow Us On :-
https://www.facebook.com/VARINDIAMagazine/
https://twitter.com/varindiamag
https://www.instagram.com/varindia/
https://www.linkedin.com/company/14636899/admin/
https://in.pinterest.com/varindia/?
https://varindia.tumblr.com/?
Visit on https://varindia.com/ to know more
La
Technology video | 139 views
Moonlighting is the concept of having a second job that you work outside your full-time job, typically at night. It can be another full-time job or a supplementary part-time job. It is a job that is just a source of making money and as the dictum goes, the more the merrier. There are employees finding a variety of ploys not to return to physical work and how many of them have a genuine issue, is now open to question.
Moonlighting has led to an increase in the number of Start-ups across the globe. Technology and software companies in India are divided on whether to allow their employees to moonlight for other companies while still being on their payrolls or not.
The companies opposing the Moonlighting are growing threat and competition. A report says that several successful companies like Infosys, Flipkart, Freshdesk, and others were established by their founders while they were moonlighting at their day jobs.
Going back to history, moonlighting is not a new thing. Infosys founder Narayan Murthy was working with Patni Computer Systems when he founded Infosys. At the same time, when we see the startups, Flipkart was founded by Sachin and Binny Bansal while they were working for Amazon.
Freshdesk, which got listed on Nasdaq last year, was founded by Girish Mathrubootham while he was working for Zoho Corporation. Whether they like it or not, company leaders need to recognize that their full-time employees might want side hustles or moonlight gigs.
Recently Wipro terminated the services of 300 staff members who it discovered were working for its competitors while still being on the company’s payroll. If we go by Wipro’s action and Infosys’s pronouncements, they mean business. It has to start with a full on office presence as in pre-Covid-19 days.
The movement of the employees should be completely controlled by the employer. An undertaking of single employment and well thought out Code of Conduct has to be put into
Technology video | 125 views
Talent continues to remain a key advantage for the Indian tech Industry. Globally, India has the 2nd largest annual supply of STEM graduates, 4x-4.5x higher than the USA, and is also a leader in terms of women diversity among STEM Graduates at 47.1%.
Though the accelerated demand for digital transformation has intensified the talent crunch globally, the gig workforce has emerged as an important talent management strategy for organizations and can play a key role in closing the tech talent demand-supply gap.
Notably, Software Development, UI/UX Design, and #DataAnalytics have emerged as the top three in-demand giggable skills within the technology sector. 65% Indian firms employing gig workers to tackle tech talent crunch, says #NASSCOM’s report.
The report further says that India has the lowest tech talent gap among top tech locations such as the USA, China and UK. Strategies such as increased hiring of sub-contractors and external gig workforce especially for niche digital technologies and offering internal Gig platforms for better utilization of existing employees, amongst others, continue to support organizations in closing the gap faster.
As per the NASSCOM, Indeed and AON survey of over 70 organizations, nearly 2/3rd (65% of the surveyed organizations) of them are employing gig workers as of 2022, a higher share compared to 57% of the organizations in the year 2020. While the share of organizations employing Gig Workers has increased, their proportion remains less than 5% of the total workforce (For companies with more than 2000 full time employees).
However, for smaller organizations with less than 2000 full-time employees, gig worker proportion is more than 5%. Notably, none of the organizations have mentioned a decline in gig hiring. In about 15% of the surveyed organizations, the proportion of gig workers in the past two years has increased by more than 30%, proving the efficacy of the model.
Going forwa
Technology video | 117 views
Parliamentary Panel urges for Digital Competition Act for Gig Economy #shorts
Technology video | 138 views
Parliamentary Panel urges for Digital Competition Act for Gig Economy #shorts
Technology video | 183 views
#GigEconomy #Fintech
Gig economy & Fintech to coexist
Gig platforms are challenged by meeting local payment dynamics, regulations, and compliance. Digital experiences will be integral to in-person dining, from the moment an order is placed to the minute the check is paid, and consumers are ready to embrace the change. The growth of the gig economy and fintech go hand in hand and the Fintechs and other providers are enabling new work models and payment options, which is fuelling growth in the gig economy in terms of participation, productivity and attraction of new entrants. A report shows, among Gen Z and Millennial respondents (ages 18-34), 57% said they would prefer to order and pay at the table using their own mobile device, rather than through a server. The younger generations are not alone, as more than one-third (35%) of those aged 35 to 54 said the same. In addition, 31% of 18 to 34-year-olds and 10% of 35 to 54-year-olds would be more likely to frequent a restaurant that offers this payment option.
Businesses need speed and flexibility in order to stay focused on their growth goals by onboarding new clients, without the need to address potential security risks and maintenance associated with traditional in-house builds. By using the right cloud-based software, banks and factoring companies have access to a wealth of opportunities that are available immediately, instead of having to test, run and develop services in-house. In this way, new businesses can leapfrog forward, tailor-making a microservices offering from a variety of industry tried and tested processes, making new features available to customers with a short time to market.
Follow Us On :-
https://www.facebook.com/VARINDIAMagazine/
https://twitter.com/varindiamag
https://www.instagram.com/varindia/
https://www.linkedin.com/company/14636899/admin/
https://in.pinterest.com/varindia/?
https://varindia.
Technology video | 257 views
#RBIGovernor #COVID19pandemic #Dreamapp
Reshoring, Gig Economy & Flexible Working
The #COVID19pandemic has significantly disrupted the typical working habits in 2020 and 2021, and there is much speculation about how things are going to settle down moving forward. In its latest report, ‘TMT Predictions 2022’ from GlobalData offers its view on the future of work. The report reveals that reshoring—when the production of goods is returned to the company’s original country—gig economy regulation, and flexible working will become the new norm. Companies are homeward bound as offshore manufacturing is too costly. Reshoring is an increasingly attractive option. Offshoring is losing its cost advantage due to significant supply chain disruptions and rising labour costs in countries such as China. Companies are also being pressured to localize production to reduce their carbon footprints and support the post-pandemic rebuilding of their home country’s economy. Reshoring will destroy more jobs in developing countries than it will create in developed countries. It also won’t make up for all the jobs initially lost through offshoring because today’s production line is less labour intensive, but it will still make a welcome difference as developed economies shake off the pandemic.
The growth of the gig economy that we saw in 2021 will continue into 2022. However, this growth comes with increasing instability. The gig economy model is precarious and unsustainable due to landmark regulatory changes across Europe, classifying more and more gig workers as employees rather than independent contractors. Governments will continue to legislate in favor of gig workers, and this will heavily increase costs for companies that now need to afford sick days, holidays, and pensions. According to GlobalData surveys, 42% of workers are still working from home full time, but most offices will return to at least 50% capacity by May 2022. Hybrid working will remain comm
Technology video | 184 views
Our government has saved more than Rs. 57,000 crore of public money from misappropriation and will continue to crack down on instances of financial irregularities. Those responsible for maintaining rules and ethics in financial institutions, especially those responsible for supervising and monitoring, must discharge their duties with full honesty and integrity. Any irregularity and embezzlement of public money will not be tolerated.
Subscribe - http://bit.ly/2ofH4S4
• Facebook - http://facebook.com/BJP4India
• Twitter - http://twitter.com/BJP4India
• Google Plus - https://plus.google.com/+bjp
• Instagram - http://instagram.com/bjp4india
Watch Any irregularity & embezzlement of public money in financial institutions will not be tolerated : PM With HD Quality
News video | 1390 views
Who exactly runs the world: Government Vs Financial Institutions
Who exactly runs the world: Government Vs Financial Institutions
Technology video | 186 views
Business continuity is the most valuable asset for financial institutions
Business continuity is the most valuable asset for financial institutions
Technology video | 202 views
Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
Entertainment video | 4283 views
Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Bigg Boss 18 LIVE: Girls And Boys Hostel Task, Vivian-Eisha, Avinash-Alice Ki Jodi
Entertainment video | 407 views
Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
#yehrishtakyakehlatahai #yrkkh
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Yeh Rishta Kya Kehlata | BSP Ke Sath Sukoon Se Soyi Abhira Aur Armaan Ki Masti
Entertainment video | 522 views
Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
#yehrishtakyakehlatahai #yrkkh
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Yeh Rishta Kya Kehlata | Ruhi Hui Bekaabu, Abhira Se Cheena Baccha
Entertainment video | 393 views
Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Bigg Boss 18 LIVE: Vivian Ka Breakfast Janbuzkar Kha Gaya Digvijay
Entertainment video | 294 views
Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail #bhagyalakshmi
Cameraman: Anil Vishwakarma
- Stay Tuned For More Bollywood News
☞ Check All Bollywood Latest Update on our Channel
☞ Subscribe to our Channel https://goo.gl/UerBDn
☞ Like us on Facebook https://goo.gl/7Q896J
☞ Follow us on Twitter https://goo.gl/AjQfa4
☞ Circle us on G+ https://goo.gl/57XqjC
☞ Follow us on Instagram https://goo.gl/x48yEy
Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail
Entertainment video | 378 views
SAMARPAN is an ode to the dedicated team of ASHI, Haryana and Ashiana Children's Home, as they mark their Golden Jubilee this year in 2019. Available in Hindi and English Subtitles.
Watch the full film 'SAMARPAN' online on
- Rolling Frames Entertainment - (https://rfetv.in)
- VEBLR - (https://veblr.com/)
- ASHI, Haryana's website - https://ashi-haryana.org/
About ASHI, Haryana:
Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.
All Rights Reserved - Pinaka Mediaworks LLP - 2019
Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
Director: Ojaswwee Sharma
Production House - Pinaka Mediaworks LLP
- Associate Director: Rohit Kumar
- Editor: Bhasker Pandey
- Cinematography Team:
Raman Kumar
Harjas Singh Marwah
Surinder Singh
- Subtitles: Diveeja Sharma
For Pinaka Mediaworks LLP (India)
- Co-founder & CFO: Sunil Sharma
- Brand Communication Head: Diveeja Sharma
- Head of Post Production: Bhasker Pandey
- Legal Advisor: Vishal Taneja
Kids video | 570381 views
SAMARPAN is an ode to the dedicated team of ASHI, Haryana and Ashiana Children's Home, as they mark their Golden Jubilee this year in 2019. Available in Hindi and English Subtitles.
Watch the full film 'SAMARPAN' online on
- Rolling Frames Entertainment - (https://rfetv.in)
- VEBLR - (https://veblr.com/)
- ASHI, Haryana's website - https://ashi-haryana.org/
About ASHI, Haryana:
Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.
All Rights Reserved - Pinaka Mediaworks LLP - 2019
Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
Director: Ojaswwee Sharma
Production House - Pinaka Mediaworks LLP
- Associate Director: Rohit Kumar
- Editor: Bhasker Pandey
- Cinematography Team:
Raman Kumar
Harjas Singh Marwah
Surinder Singh
- Subtitles: Diveeja Sharma
For Pinaka Mediaworks LLP (India)
- Co-founder & CFO: Sunil Sharma
- Brand Communication Head: Diveeja Sharma
- Head of Post Production: Bhasker Pandey
- Legal Advisor: Vishal Taneja
Kids video | 107209 views
SAMARPAN is an ode to the dedicated team of ASHI, Haryana and Ashiana Children's Home, as they mark their Golden Jubilee this year in 2019. Available in Hindi and English Subtitles.
Watch the full film 'SAMARPAN' online on
- Rolling Frames Entertainment - (https://rfetv.in)
- VEBLR - (https://veblr.com/)
- ASHI, Haryana's website - https://ashi-haryana.org/
About ASHI, Haryana:
Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.
All Rights Reserved - Pinaka Mediaworks LLP - 2019
Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
Director: Ojaswwee Sharma
Production House - Pinaka Mediaworks LLP
- Associate Director: Rohit Kumar
- Editor: Bhasker Pandey
- Cinematography Team:
Raman Kumar
Harjas Singh Marwah
Surinder Singh
- Subtitles: Diveeja Sharma
For Pinaka Mediaworks LLP (India)
- Co-founder & CFO: Sunil Sharma
- Brand Communication Head: Diveeja Sharma
- Head of Post Production: Bhasker Pandey
- Legal Advisor: Vishal Taneja
Kids video | 107473 views
SAMARPAN is an ode to the dedicated team of ASHI, Haryana and Ashiana Children's Home, as they mark their Golden Jubilee this year in 2019. Available in Hindi and English Subtitles.
Watch the full film 'SAMARPAN' online on
- Rolling Frames Entertainment - (https://rfetv.in)
- VEBLR - (https://veblr.com/)
- ASHI, Haryana's website - https://ashi-haryana.org/
About ASHI, Haryana:
Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.
All Rights Reserved - Pinaka Mediaworks LLP - 2019
Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
Director: Ojaswwee Sharma
Production House - Pinaka Mediaworks LLP
- Associate Director: Rohit Kumar
- Editor: Bhasker Pandey
- Cinematography Team:
Raman Kumar
Harjas Singh Marwah
Surinder Singh
- Subtitles: Diveeja Sharma
For Pinaka Mediaworks LLP (India)
- Co-founder & CFO: Sunil Sharma
- Brand Communication Head: Diveeja Sharma
- Head of Post Production: Bhasker Pandey
- Legal Advisor: Vishal Taneja
Kids video | 35176 views
SAMARPAN is an ode to the dedicated team of ASHI, Haryana and Ashiana Children's Home, as they mark their Golden Jubilee this year in 2019. Available in Hindi and English Subtitles.
Watch the full film 'SAMARPAN' online on
- Rolling Frames Entertainment - (https://rfetv.in)
- VEBLR - (https://veblr.com/)
- ASHI, Haryana's website - https://ashi-haryana.org/
About ASHI, Haryana:
Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.
All Rights Reserved - Pinaka Mediaworks LLP - 2019
Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
Director: Ojaswwee Sharma
Production House - Pinaka Mediaworks LLP
- Associate Director: Rohit Kumar
- Editor: Bhasker Pandey
- Cinematography Team:
Raman Kumar
Harjas Singh Marwah
Surinder Singh
- Subtitles: Diveeja Sharma
For Pinaka Mediaworks LLP (India)
- Co-founder & CFO: Sunil Sharma
- Brand Communication Head: Diveeja Sharma
- Head of Post Production: Bhasker Pandey
- Legal Advisor: Vishal Taneja
Kids video | 85679 views
SAMARPAN is an ode to the dedicated team of ASHI, Haryana and Ashiana Children's Home, as they mark their Golden Jubilee this year in 2019. Available in Hindi and English Subtitles.
Watch the full film 'SAMARPAN' online on
- Rolling Frames Entertainment - (https://rfetv.in)
- VEBLR - (https://veblr.com/)
- ASHI, Haryana's website - https://ashi-haryana.org/
About ASHI, Haryana:
Association for Social Health in India (ASHI) is a Voluntary and Social Organization aiming at challenging those conditions that lead to exploitation of women and children for anti-social purposes by providing shelter for Destitute & Orphan children and arranging for their education, vocational training and rehabilitation are one of the Association’s main activities. The Governor of Haryana, their Chief Patron, visits the Home once a year to encourage and bless the children.
All Rights Reserved - Pinaka Mediaworks LLP - 2019
Produced by: Association of Social Health in India (Haryana State Branch), Pinaka Mediaworks & Rolling Frames Entertainment.
Director: Ojaswwee Sharma
Production House - Pinaka Mediaworks LLP
- Associate Director: Rohit Kumar
- Editor: Bhasker Pandey
- Cinematography Team:
Raman Kumar
Harjas Singh Marwah
Surinder Singh
- Subtitles: Diveeja Sharma
For Pinaka Mediaworks LLP (India)
- Co-founder & CFO: Sunil Sharma
- Brand Communication Head: Diveeja Sharma
- Head of Post Production: Bhasker Pandey
- Legal Advisor: Vishal Taneja
Kids video | 57176 views