Looking forward, 15 percent of employers that do not already extend benefits to independent contractors are interested in doing so in the future, while a similar number are “somewhat” interested. (Photo: Shutterstock)
Many Americans are now participating in the “gig” economy. According to LIMRA, 16 percent of U.S. workers are earning income exclusively from gig work, while an additional 10 percent are using these jobs as a secondary source of income. While some of these workers have stereotypical gigs, such as driving for Uber, the majority are actually filling contract, temporary or contingent positions at traditional companies.
Although nontraditional workers generally do not receive insurance or retirement benefits from their employers, more than half say that they wish their jobs provided them with benefits. The workplace is also one of the top channels gig workers would prefer for purchasing financial products.
Recommended For You
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
