Gig work: Does it get you more happiness?

Galit Klein, Doron Klunover, Tal Shavit

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

Gig work is one of the fastest-growing trends in the labor market, one that accelerated during the COVID-19 pandemic. It is therefore important to understand its impact on individual happiness. A simple theoretical framework is constructed to analyze aspects of gig work and their effect on happiness. In particular, we model happiness as being dependent on various characteristics of work, such as income, work flexibility, job stability and job security, employee benefits, and non-pecuniary benefits. We demonstrate that merging salaried work and gig work can be an effective way to increase happiness. The proposed framework identifies the characteristics of an individual who will achieve greater happiness in gig work. These insights may help to understand the effect of recent changes in the labor market on workers' happiness.

Original languageEnglish
Pages (from-to)1633-1641
Number of pages9
JournalManagerial and Decision Economics
Volume45
Issue number3
DOIs
StatePublished - Apr 2024

Fingerprint

Dive into the research topics of 'Gig work: Does it get you more happiness?'. Together they form a unique fingerprint.

Cite this