Confirm
Skip to main content Skip to notification content
Back

Planning Ahead in the Gig Economy

08 August 2019 | 2-mins read

Planning Ahead in the Gig Economy
The gig economy has become a buzzword of late, transforming the definition of a "job" for many Singaporeans. Yet while this new industry grabs headlines around the world, there is a certain opacity to the subject. Governments and employers aren't sure how to categorise gig work or prepare for the rising economy. Amongst this somewhat hazy outlook, The Manulife Investors Sentiment Index 2018 hopes to shed some light to Singapore's gig economy.

Responses to the Digital Economy:
Optimism >Pessimism

Planning Ahead in the Gig Economy

68% believe it gives them as opportunity to be business owners

Planning Ahead in the Gig Economy
Planning Ahead in the Gig Economy

The Tech Society: Interest versus Reality

Planning Ahead in the Gig Economy

Interest in full-time digitally enabled jobs remain low but the interest increases slightly with the younger generations

Planning Ahead in the Gig Economy

Similar reasons for working in the digital space between current and potential employees

Planning Ahead in the Gig Economy

Workers with full-time jobs who also work on part-time digital-enabled jobs expect a high portion of income from the latter

Planning Ahead in the Gig Economy

Concerns About the Gig Economy

Planning Ahead in the Gig Economy

Lack of financial protection after taking up a full-time digital-enabled job is a worry

Planning Ahead in the Gig Economy
Planning Ahead in the Gig Economy

Despite >80% of respondents having a mandatory retirement plan,

Planning Ahead in the Gig Economy
Planning Ahead in the Gig Economy
Planning Ahead in the Gig Economy

Find out more about our Insurance Savings Plans

Ready to get started?

Let's arrange for a no obligation chat with our financial consultant now!

  • This is a required field
  • Thank you for contacting Manulife Singapore!

    Our Financial Consultant will be in touch with you soon.

    Here are some links you might find useful.

    Our Insight  Articles

    Manulife Singapore Solutions

    Latest Customer Offers

    ManulifeMOVE

    Oops!

    Please excuse us. Something went wrong.

    Please try again in a few moments.

    Return to Home

    Disclaimer:
    These insurance products are underwritten by Manulife (Singapore) Pte. Ltd. (Reg. No. 198002116D). This advertisement has not been reviewed by the Monetary Authority of Singapore. Buying a life insurance policy is a long-term commitment. There may be high costs involved if you terminate the policy early, and your policy's surrender value (if any) may be zero or less than the total premiums paid. Buying health insurance products that are unsuitable for you may affect your ability to finance your future healthcare needs. This advertisement is for your information only and does not consider your specific investment objectives, financial situation or needs. It is not a contract of insurance and is not intended as an offer or recommendation to purchase the plan. You can find the full terms and conditions, details, and exclusions for the mentioned insurance product(s) in the policy contract.

    This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the LIA or SDIC web-sites (www.lia.org.sg or www.sdic.org.sg).

    We recommend that you seek advice from a Manulife Financial Consultant or its Appointed Distributors before making a commitment to purchase a policy.

    Speak to a financial consultant today!

     

    More Insights you might find interesting


    ReadyComplete Care

    Read More


    5 things to know before meeting your Financial Representative

    Read More


    Financial Planning - a 101 Guide

    Read More