[LISTEN] Why bounty work is gaining ground
The world of work is changing and changing quickly.
The baby boomer generation enjoyed secure, salaried work; the millennial generation went on to embrace freelance work.
Now, according to Flux trends, generation Z is facing yet another shift, this time from gig work to bounty work.
The organisation explains that with bounty work, instead of submitting a CV, pitching for work, and moving through a tender and job application process, companies will soon hire you based on a proof-of-work basis.
In other words, the first person to complete the task properly according to the client’s specifications gets paid for it.
Trend Translator at FLux Trends, Bronwyn Williams, elaborates on the new trend.
Millenials have already spearheaded the shift from salaried life to freelancing. It has happened very quickly.Bronwyn Williams, Trend Translator at FLux Trends
Today LinkedIn is saying that by 2020, 43% of the profiles on that platform are going to be freelancers.Bronwyn Williams, Trend Translator at FLux Trends
Bounty work, you can see it as a race rather than an audition.Bronwyn Williams, Trend Translator at FLux Trends
Why it's gaining ground right now is because first of all we have got this freelance work base that is looking to supplement their income and has to earn stuff all the time and secondly we have got technology that allows us to track and verify that many more tasks.Bronwyn Williams, Trend Translator at FLux Trends
Click on the link below to listen to the full conversation....