IDEAS home Printed from https://ideas.repec.org/a/rfh/bbejor/v13y2024i2p1005-1011.html
   My bibliography  Save this article

Role of HRM on the Gig Economy

Author

Listed:
  • Muhammad Farhan Aslam

    (MPhil in Economics, National College Business Administration & Economics sub-campus Multan, Pakistan)

  • Maira Khalid

    (MPhil in Economics, National College Business Administration & Economics sub-campus Multan, Pakistan)

  • Dr. Hamid Khan

    (Assistant Professor, Institute of Business Administration, Gomal University Dera Ismail Khan, Pakistan)

  • Dr. Muhammad Nadim

    (Assistant Professor, University of the Punjab, Jhelum Campus, Punjab, Pakistan)

  • Kiran Manzoor

    (Masters in Political Science, Department of Political Science, University of the Punjab, Pakistan)

Abstract

The gig economy, characterized by short-term contracts and freelance work, has significantly altered traditional employment models. This shift poses unique challenges and opportunities for Human Resource Management (HRM). As the gig economy grows, understanding the role of HRM in managing gig workers becomes crucial, particularly in terms of employee engagement, motivation, and retention. This research aims to explore the role of HRM practices in the gig economy, focusing on how HRM can effectively manage and support gig workers to enhance organizational performance and worker satisfaction. A comprehensive mixed-method approach was meticulously employed, integrating both quantitative and qualitative techniques to thoroughly assess the role of HRM in the gig economy. The quantitative component involved a structured survey distributed to 250 HR professionals across various industries, with an impressive response rate of 78% (195 respondents). The survey focused on HRM practices such as recruitment (30% of questions), performance management (25%), training (20%), and development (25%). In parallel, qualitative semi-structured interviews were conducted with 40 gig workers from diverse sectors, representing a 10% sampling from the total pool of respondents who participated in the survey. The study utilized SPSS software for quantitative analysis, focusing on multiple regression and factor analysis techniques.These interviews were designed to inclusively explore the gig workers' experiences and expectations regarding HRM practices, providing nuanced insights that complemented the survey data. The quantitative analysis revealed that 68% of HR professionals reported incorporating flexible recruitment strategies tailored to gig workers, with 54% emphasizing performance management systems adapted for short-term contracts. Training and development were less frequently addressed, with only 45% and 38% of respondents indicating specific programs for gig workers.Qualitative interviews further illuminated these findings, with gig workers expressing a strong preference for more inclusive training opportunities (70% of interviewees) and transparent performance management systems (65%). Many gig workers also highlighted the need for development pathways that could lead to longer-term employment or enhanced skills (60%), suggesting a gap between HRM practices and gig worker expectations. The study concludes that HRM plays a critical role in optimizing the gig economy workforce. By adapting HR practices to meet the unique needs of gig workers, organizations can achieve better performance outcomes and improve worker satisfaction. The research underscores the importance of developing HRM frameworks that are flexible, responsive, and aligned with the evolving nature of work in the gig economy.

Suggested Citation

  • Muhammad Farhan Aslam & Maira Khalid & Dr. Hamid Khan & Dr. Muhammad Nadim & Kiran Manzoor, 2024. "Role of HRM on the Gig Economy," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(2), pages 1005-1011.
  • Handle: RePEc:rfh:bbejor:v:13:y:2024:i:2:p:1005-1011
    as

    Download full text from publisher

    File URL: https://bbejournal.com/BBE/article/view/943/994
    Download Restriction: no

    File URL: https://bbejournal.com/BBE/article/view/943
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hari Bapuji & Snehanjali Chrispal, 2020. "Understanding Economic Inequality Through the Lens of Caste," Journal of Business Ethics, Springer, vol. 162(3), pages 533-551, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fahreen Alamgir & Hari Bapuji & Raza Mir, 2022. "Challenges and Insights from South Asia for Imagining Ethical Organizations: Introduction to the Special Issue," Journal of Business Ethics, Springer, vol. 177(4), pages 717-728, May.
    2. Yuka Fujimoto & Jasim Uddin, 2022. "Inclusive Leadership for Reduced Inequality: Economic–Social–Economic Cycle of Inclusion," Journal of Business Ethics, Springer, vol. 181(3), pages 563-582, December.
    3. D'Acunto, Francesco & Ghosh, Pulak & Jain, Rajiv & Rossi, Alberto G., 2022. "How costly are cultural biases?," LawFin Working Paper Series 34, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
    4. Roscoe Conan d'Souza & Ignasi Marti, 2022. "Organizations as Spaces for Caring : A Case of an Anti-trafficking Organization in India," Post-Print hal-04381311, HAL.
    5. Nancy DiTomaso, 2021. "Why Difference Makes a Difference: Diversity, Inequality, and Institutionalization," Journal of Management Studies, Wiley Blackwell, vol. 58(8), pages 2024-2051, December.
    6. Devi Vijay & Shalini Gupta & Pavni Kaushiva, 2021. "With the margins: Writing subaltern resistance and social transformation," Gender, Work and Organization, Wiley Blackwell, vol. 28(2), pages 481-496, March.
    7. Babita Bhatt & Israr Qureshi & Christopher Sutter, 2022. "How do Intermediaries Build Inclusive Markets? The Role of the Social Context," Journal of Management Studies, Wiley Blackwell, vol. 59(4), pages 925-957, June.
    8. Saiyed, Abrar Ali & Wierenga, Marleen & Fernhaber, Stephanie A. & Nummela, Niina, 2023. "From grassroots to international markets: A qualitative study of marginalized entrepreneurs in India," International Business Review, Elsevier, vol. 32(5).
    9. Tortorella, Guilherme Luz & Narayanamurthy, Gopalakrishnan & Sunder M, Vijaya & Cauchick-Miguel, Paulo A, 2021. "Operations Management teaching practices and information technologies adoption in emerging economies during COVID-19 outbreak," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    10. Pallavi Banerjee & Chetna Khandelwal & Megha Sanyal, 2024. "Deep care: The COVID‐19 pandemic and the work of marginal feminist organizing in India," Gender, Work and Organization, Wiley Blackwell, vol. 31(4), pages 1479-1504, July.
    11. Masoud Shadnam & Andrey Bykov & Ajnesh Prasad, 2021. "Opening Constructive Dialogues Between Business Ethics Research and the Sociology of Morality: Introduction to the Thematic Symposium," Journal of Business Ethics, Springer, vol. 170(2), pages 201-211, May.
    12. Ramaswami Mahalingam & Patturaja Selvaraj, 2022. "Ambedkar, Radical Interdependence and Dignity: A Study of Women Mall Janitors in India," Journal of Business Ethics, Springer, vol. 177(4), pages 813-828, May.
    13. Arjun Bhardwaj & Sushanta Kumar Mishra & Israr Qureshi & Kunal Kamal Kumar & Alison M. Konrad & Marc‐David L. Seidel & Babita Bhatt, 2021. "Bridging Caste Divides: Middle‐Status Ambivalence, Elite Closure, and Lower‐Status Social Withdrawal," Journal of Management Studies, Wiley Blackwell, vol. 58(8), pages 2111-2136, December.
    14. Babita Bhatt, 2022. "Ethical Complexity of Social Change: Negotiated Actions of a Social Enterprise," Journal of Business Ethics, Springer, vol. 177(4), pages 743-762, May.
    15. Bruton, Garry & Sutter, Christopher & Lenz, Anna-Katharina, 2021. "Economic inequality – Is entrepreneurship the cause or the solution? A review and research agenda for emerging economies," Journal of Business Venturing, Elsevier, vol. 36(3).
    16. Roscoe Conan D’Souza & Ignasi Martí, 2022. "Organizations as Spaces for Caring: A Case of an Anti-trafficking Organization in India," Journal of Business Ethics, Springer, vol. 177(4), pages 829-842, May.
    17. Summerville, Karoline M. & Chen, Victor Zitian & Shoham, Amir & Taras, Vasyl, 2024. "Speaking of diversity: Can linguistic structural differences explain cultural values toward equity, diversity, and inclusion across the globe?," Journal of World Business, Elsevier, vol. 59(1).
    18. Granados, Maria L. & Rosli, Ainurul & Gotsi, Manto, 2022. "Staying poor: Unpacking the process of barefoot institutional entrepreneurship failure," Journal of Business Venturing, Elsevier, vol. 37(3).
    19. Hari Bapuji & Snehanjali Chrispal & Balagopal Vissa & Gokhan Ertug, 2023. "Local, yet global: Implications of caste for MNEs and international business," Journal of International Business Policy, Palgrave Macmillan, vol. 6(2), pages 201-234, June.
    20. Suyash Garg & Zhiang Lin & Haibin Yang, 2023. "Board caste diversity in Indian MNEs: The interplay of stakeholder norms and social embeddedness," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(5), pages 797-828, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rfh:bbejor:v:13:y:2024:i:2:p:1005-1011. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Muhammad Irfan Chani (email available below). General contact details of provider: https://edirc.repec.org/data/rffhlpk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.