What is the gig economy?

The gig economy includes project-based, temporary, or hourly work arrangements. Participants are often freelancers, consultants, service providers, or temporary employees who prefer freedom and autonomy over traditional employment.

This economy is rapidly evolving thanks to:

• The expansion of remote work
• Freelance and service-sharing platforms (Upwork, Fiverr, Uber, etc.)
• The new generation of workers seeking flexibility, choice, and work-life balance

What is EOR, and why is it linked to the gig economy?

Employer of Record (EOR) is a service through which a third party becomes the official employer of an individual, while the actual work and management are performed by the client company. This allows businesses to:

• Hire staff quickly and legally in another country without establishing a legal entity
• Reduce administrative burdens related to social security, taxes, payroll, and labor law
• Benefit from flexible forms of employment while retaining control over operational tasks

Companies solely interested in accessing human resources in a given country — without long-term plans to establish a local entity — can leverage EOR as an effective alternative.