With the challenges of employment in the spotlight of both US Presidential campaigns, it’s no surprise that the Gig Economy has become a hot topic of discussion on the campaign trail.
News blog Business 2 Community, recently looked at Hillary Clinton and Donald Trump’s position on the Gig Economy and how each candidate can shape its future. We’ve broken down their finding for you here:
Democrat Nominee, Hillary Clinton
- Clinton has praised the on-demand economy for “creating exciting economies and unleashing innovation”
- Clinton has been very vocal against the classifications of independent contractors by businesses to avoid statutory obligations and cut costs
- Clinton has shown concern for “what a good job will look like in the future”
- Clinton promises to “crack down on bosses who exploit employees by misclassifying them as contractors or even stealing their wages”
- Clinton promises to revise labor and worker right to better suit the new era of work
- Clinton promises to create incentives and provide tax relief for small businesses and entrepreneurs including independent contractors
Republican Nominee, Donald Trump
- Trump has labelled himself as the “greatest job producer” of all time
- Trump has failed to address the issue of independent contractor misclassification
- Trump’s focus is on America’s manufacturing industry and slashing offshoring of US jobs
- Trump promises to reduce competition for US based gig workers by slashing offshoring
- Trump promises to eliminate “wasteful rules and regulations” he believes are “destroying “job creation capability”
- Trump’s tax plan promises to cut the corporate tax rate to 15%, which will apply to independent contractors
Do you have experience with the working with a contingent workforce? Any stories to tell? We’d love to hear from you in the comments section below.
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