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Gig Economy Damages Financial Wellness, Retirement

Gig work provides flexibility and its changing how employers and employees interact - and preventing workers from getting benefits.

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The gig economy may be growing, but that’s not a good sign for workers.

A new Prudential Financial white paper finds that while the gig model is beneficial for employers, thanks to its ability to convert many fixed costs to variable, cut benefits costs, and allow for resource flexibility, it’s not such a good deal for workers.

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