Forbes finance councilIn a recent article for Forbes, Covisum President, Joe Elsasser, CFP®, suggests that despite a recent resurgence, the gig economy may not be nearly as beneficial for the individual or the company as previously suggested. 

While a gig economy lowers fixed costs for businesses and provides more autonomy for people to do the work they want to do, the negatives far outweigh the benefits. Here's an excerpt:

"The company risks remaining stagnant instead of moving forward because everyone's focused on doing a task they already know how to do instead of developing new skills and expertise."


Joe goes on to add that it is in the best interest of the individual and the company to make the workplace more conducive to allowing employees to follow their passions and develop their skills.

You can read the article in its entirety in Forbes.

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