Gig economy companies are disrupting and decentralizing as many industries as possible. Some of these companies offer a sign up bonus to give you a great initial experience. The bonuses can make the normally jarring entry into a new job or career path a more pleasant experience for you.
To start off, you need to understand what gig economy companies are and how they work.
What Is The Gig Economy?
Freelancing is a concept that has been in existence for quite a while now but one that has evolved. As a general definition, if you have ever done part-time, freelance, consulting or any kind of independent contractor work, you have been a part of the gig economy. So, “gigs” are short-term or project-based jobs that are done by independent contractors. Employers with work to be done hire these independent contractors for temporary employment. The alternative would have been employing someone for a permanent position.
This new way of working offers you the freedom to choose when and where to work, and good money. It is important to note, though, that gig workers are not employees with benefits. They are independent contractors. They’re usually not entitled to benefits that come with full-time employment. Benefits like health insurance, retirement investments, savings accounts and so on.
How exactly does the gig economy work?
How The Gig Economy Works
According to the Gig Economy Data Hub, the percentage of people in the workforce that are involved in the gig workforce is about 30%. Of this percentage, only about 10% are doing gig jobs for their entire income. The rest are doing it as an extra source of income. These numbers are indicative of how deep the gig economy has woven its way into our business culture. Another study by Intuit predicts that by next year, 40% of all the workers in America will be independent contractors. This is a prediction that is likely to become a reality. With the increased use of mobile devices, laptops, and widespread access to high-speed internet, people can afford to work anywhere.
The gig economy works through a classic case of demand and supply. Companies are always looking to hire contract workers instead of full-time employees. This arrangement is particularly necessary for project jobs. These are only valid for a specific period of time. Professionals are often needed for these project jobs, making gigging the sensible choice. It is also a great way to save money, while at the same time having access to great hires. The gig economy has also been of immense benefit to entrepreneurs. Startups that are trying to scale can now outsource important or technical jobs to freelancers. This frees up resources to handle other important projects. This helps them stay lean and ready for anything.
On the part of the workers, gigging affords freedom and flexibility. You can work and earn on your own terms, almost like working for yourself. You could work two or three gig jobs and still have time to focus on your own passion. It is the dream job for college students, single parents, and retired individuals. Of course, gigging is not only reserved for these classes of people, anyone can jump on the bandwagon.
This spanking new economic niche is not without its troubles. Many have labeled the gig economy as exploitative. They cite the fact that companies do not have to invest in the welfare of freelancers working for them. Contract workers do not have access to minimum wage, pension funds, and savings accounts and so on. There is also no job security, the contract jobs come and go. Many are of the opinion that gig workers are not paid fairly, at least in relation to the amount of work they are doing.
However you look at it, it is still an incontrovertible fact that the gig economy is the future of work. To make signing up more attractive, some gig economy companies have instituted a sign up bonus. These bonuses are for first time workers and are usually quite attractive.
Gig Economy Companies That Offer An Attractive Sign Up Bonus
It is no news that the gig economy is booming. Many of the gig economy companies can’t hire people fast enough. To make their offerings even more enticing, gig economy companies sweeten the pot with something extra. These could come in the form of bonuses, referral codes, coupon codes, invite codes and so on. Great stuff huh? Here are the different types of gig economy companies that offer new employees great incentives in the form of bonuses.
Companies like Uber and Lyft are leading the gig economy charge with their disruptive business models. These rideshare companies are changing the way we move from place to place. It’s easy to sign up to become a driver on Uber or Lyft. But how attractive are their sign up Bonuses? Let’s find out!
Uber is the leading rideshare company worldwide. As of December 2018, the rideshare giant claimed to have over 3.9 million drivers working as independent contractors worldwide. Whoa! That is mind-blowing indeed. More are signing up every day. This might have something to do with their rewards system for new drivers, don’t you think?
o Uber Guaranteed Earnings
Uber has come up with a new driver sign up bonus system, called the Uber guaranteed earnings. This is a promotion that pretty much guarantees that, as a new driver, you are going to earn a certain amount after completing a specific number of trips. The process is quite simple and straightforward.
When a new driver signs up with a referral code, Uber sends them an email. The email basically promises the driver that they can earn $500 as soon as they complete their first 100 trips. This means that if, as a driver, you complete 100 trips and you only made $400. Uber will give you $100 to make it up to $500. If you do make more than $500 dollars from your first 100 trips, though, you do not get any extra money.
Uber guaranteed earnings welcomes new rides with open arms. You know that no matter how much you earn per trip, it is guaranteed that you will make $500 dollars for those initial 100 trips.
o Retroactive Referral Codes
Did you enter a referral code when you were signing up on the Uber platform for the first time? If not, within 15 days of activation, you can still request for it through the driver app. The bonus will still be given to you.
Lyft is the second largest rideshare platform in the United States. It now operates in over 350 cities in the United States and some parts of Canada. As of December 2017, there were up to 1.4 million drivers signed up to the Lyft platform. As a new Lyft driver, driving in any of the cities where they operate, you can get driver bonuses of up to $1,000 if you use a referral code. Once you sign up on the Lyft platform, you will get an email with the bonus amount and the terms.
o Lyft Bonus Structure
Lyft used to operate an all or nothing bonus structure. This means that you would have to reach a certain number of trips before you get the bonus. Failure to reach that number would mean you will not get any bonus money. This has been changed to a bonus structure that allows you to earn money on a per-ride basis. This means that as soon as you start driving and earning on the platform, you earn a little bonus on every trip. This is then accumulated at the end of your first month of driving and given to you. Of course, this bonus is only valid up to a certain amount. If you do not reach your required rides, Lyft will still give you the amount that you were able to reach.
o Lyft Retroactive Referral Code
Right here is a bummer, as you cannot retroactively add a Lyft referral code like you can on the Uber app. Once you sign up without a referral code, that’s it. Oops, sorry.
Via is another rideshare company that is making waves in New York City, Chicago and Washington DC. Via operates an efficient system that is slightly different from what you would experience with Uber and Lyft. Via drivers get paid to carry many passengers through a predetermined popular route. Kind of like a public bus, but you can only stop at predestined areas to pick up and drop off. Via rides pay pretty well and drivers have an option to choose between hourly pay or getting paid per trip. Also, even if you do not have a vehicle, Via can help you get one at a low price.
o Via Sign Up Bonus
The Via sign up bonus system is quite competitive. There are two levels that you can achieve, each with its own cash rewards. For the first level, if you make up to 50 pickups every week for the first month. You can earn up to $100 dollars per week and if you continue on that streak, you will earn a $400 bonus at the end of the month. For the second level, if you make up to 100 pickups per week. You can earn $250 each week, and at the end of the month you go home with a whopping $1,000.
Rideshare Advertising Companies
The widespread usage of the services that rideshare companies offer has created another niche economy. Rideshare advertising is a laser targeted form of advertising. It can help you reach millions of potential customers all over the world. One of the companies blazing the trail in this industry is Tappin X.
Tappin X is a leading rideshare advertising company. The platform allows you to earn while doing what you are already doing, driving for a rideshare company. Whichever outfit you are driving for. You can still earn extra cash through the Tappin X platform.
It is simple to sign up. All you have to do is get a tablet device, download the Tappin X app on it and mount it on the headrest inside your vehicle. These pieces of equipment can be provided for you if you cannot get them. After installation and signing up, you can open the app and log in. For every rideshare ride you accept, you start earning money while advertising content is viewed by your riders. No extra costs, no metrics, just do what you would normally do and earn more.
o Tappin X Referral Bonus
The Tappin X platform offers a robust referral bonus for drivers that are signed on to the platform. The platform allows you to earn from the trips of other drivers that are referred by you. As a registered Tappin X driver, it is possible for you to refer up to 5 other drivers to join the platform. Once the drivers you referred have signed up, Tappin X will pay you up to 10% of the earnings of the referred drivers for every month. As long as your referred drivers are still on the platform, you keep getting 10% of their earnings every month.
Imagine you refer 5 drivers and they register on the Tappin X platform. If each driver makes an average of $800 per month, you get a bonus of $400 for that month, no questions asked.
Food Delivery Companies
Food delivery is another part of the gig economy with many companies thriving in this relatively new space. Ordering the food you love has never been easier. There are now apps that let you order from your favorite restaurants and delivery is made at your place.
Here are some of the gig economy companies in this space that offer an attractive sign up bonus:
DoorDash is an on-demand food delivery service that is based in San Francisco. It was founded in 2013. DoorDash lets you drive, bike, or even walk food orders from restaurants to deliver to users of the platform. DoorDash is the fastest-growing delivery network in The United States and Canada.
DoorDash delivery drivers make money from the delivery fee that customers pay for having their food delivered. Like Uber and Lyft, DoorDash delivery drivers, known as Dashers, can work anytime they want. They can make their own schedules and earn on the go.
o DoorDash Referral Bonus
DoorDash offers an exciting incentive in the form of a referral bonus for new Dashers. To get the referral bonus, you need to use a referral code given to you by an existing Dasher or a third party website. To get the referral bonus, you have to meet the minimum requirements specified by DoorDash. Each city has its own specific requirements, so you need to find out what that is for your city.
The referral bonus amount can go as high as $750 but it is usually around $300. Whatever amount the bonus is, you will have to make a minimum number of deliveries to get it. This has to happen within 30 days of signing up as a DoorDash delivery driver.
Uber Eats is an Uber portfolio company that delivers food to consumers, like DoorDash. The app is quite easy to use. Users can browse through hundreds of restaurants registered on the platform. They can then order their favorite meal from the selection.
o Uber Eats Driver Referral Program
The UberEats driver referral program is one of the easiest ways to make extra cash in the gig economy. As an existing driver, all you have to do is share your referral code with other potential drivers. When those drivers register on the Uber Eats platform and complete a specified number of trips, you get a bonus. You can share your code with as many drivers as you can. You can also track all the drivers that are using your referral code on your own app.
o UberEats Sign Up Bonus
Imagine you are a new driver on the Uber Eats platform. You have a referral code from an existing Uber Eats driver or from a third party. When you sign up, input the code in the box marked for invite codes. After this is done, you are on your way to getting your sign up bonus, which could be as high as $1,000. The specific amount and the minimum requirements to get that amount vary from state to state. But typically, you will have to complete a certain number of deliveries within a specific period to qualify for the bonus.
The gig economy is here to stay, and people are jumping on the bandwagon. Earning on your own terms, being your own boss, choosing your own hours. It is an attractive way to work and earn a living. A lot of gig economy companies are thriving. They’re squeezing as much value from this workforce of the future as they can. To make their offer more enticing, many of them offer a sign up bonus, referral codes, invite codes and so on. These bonuses are mouth-watering and they are mostly easy to get, so why not go for them?
Tappin X, a rideshare advertising platform is one of the gig economy companies that offers great bonuses.
Table Of Contents
Chapter 2 – What Is The Gig Economy?
Chapter 3 – How The Gig Economy Works
Chapter 5 – Conclusion