GIGS GET BIG
Beyond Market|October, 2023
The festive season this year is expected to generate 7,00,000 gig jobs in the e-commerce industry
GIGS GET BIG

The e-commerce industry is expected to create 7,00,000 gig jobs during this year’s festive season, reflecting a 25% increase in gig employment compared to last year. E-commerce companies have made major preparations to meet consumer demand during the annual shopping frenzy, according to a report by the human resources firm TeamLease.

The report projects that this surge in shopping activity will generate nearly 7,00,000 gig jobs between July and December. Additionally, the sector currently has approximately 2,00,000 open positions for temporary workers. These opportunities are mainly concentrated in the last-mile delivery space and warehouse operations.

Alok Kumar, Senior Director of Global Accounts and Sales at Manpower, a subsidiary of Manpower Group, noted that the growth in hiring demand is more prominent in non-metro cities compared to metros. Retailers are expanding into mid-level cities, creating more opportunities in these regions.

Furthermore, the demand for gig workers during the festive season is not limited to Tier 1 cities like Bengaluru, Delhi, Mumbai, Hyderabad, and Chennai. Tier 2 and 3 cities, such as Vadodara, Pune, and Coimbatore, are also expected to experience a surge in demand for gig workers.

Industry experts anticipate an increase in hiring numbers, with e-commerce expected to see a 12% to 15% increase in jobs, while offline retail may see a 7% to 10% rise, which is significant given its huge offline retail base. Jobs in supply chain management, digital marketing, customer service, and partner-seller network services are also on the rise to address sellers’ concerns.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BEYOND MARKETView all
IMPORTANT JARGON
Beyond Market

IMPORTANT JARGON

SEBI Allows Mutual Funds To Invest In Foreign Funds With Exposure To Indian Securities

time-read
4 mins  |
November, 2024
NO SHORTCUTS, JUST HARD TRUTHS
Beyond Market

NO SHORTCUTS, JUST HARD TRUTHS

Riding the economic rollercoaster, Howard Marks reveals the hard truths about why adhering to fundamental principles is critical for long-term stability

time-read
7 mins  |
November, 2024
SOW TODAY, REAP TOMORROW
Beyond Market

SOW TODAY, REAP TOMORROW

Invest for your child's retirement from day one - because why wait for adulthood to plan for golden years?

time-read
6 mins  |
November, 2024
BORROWING BOLDLY, SAVING SPARINGLY
Beyond Market

BORROWING BOLDLY, SAVING SPARINGLY

Post-pandemic, India's tech-savvy middle class is leveraging bold borrowing trends, balancing premium spending with smarter investments for a bright future

time-read
4 mins  |
November, 2024
EASING THE PREMIUM PRESSURE
Beyond Market

EASING THE PREMIUM PRESSURE

The GST council's upcoming meeting hopes to address potential tax reductions on health and life insurance to improve affordability and insurance penetration while balancing fiscal priorities

time-read
6 mins  |
November, 2024
PIRACY: STEALING THE SHOW!
Beyond Market

PIRACY: STEALING THE SHOW!

Piracy is where blockbuster hits go cheap because the prices are steep

time-read
7 mins  |
November, 2024
TEMPERED BY FIRE
Beyond Market

TEMPERED BY FIRE

India's steel sector faces the heat from cheap Chinese imports but holds strong long-term growth prospects driven by rising domestic demand and capacity expansion

time-read
4 mins  |
November, 2024
TAKING A FIRM STANCE
Beyond Market

TAKING A FIRM STANCE

RBI's action against select NBFCs aims to curb the risks of growth at any cost before it jeopardizes the entire system

time-read
4 mins  |
November, 2024
STEADY BUT SHAKY
Beyond Market

STEADY BUT SHAKY

IMF's latest World Economic Outlook forecasts modest 3.2% global growth, with the US thriving while Europe grapples with inflation

time-read
6 mins  |
November, 2024
THE TRUMP CARD
Beyond Market

THE TRUMP CARD

While the return of Donald Trump as US President may create new challenges, it could also present opportunities, particularly as the US seeks alternatives to China

time-read
7 mins  |
November, 2024