The Living Tariff refers to the amount that self-employed or gig worker need to earn per day to achieve a living wage. It include not only daily living expenses, but also include the cost of resources required for your work, such as work equipment costs, overhead costs, taxes, social security, and savings in case of illness and retirement. Considering these additional cost factors will help ensure that your income is sufficient to cover all the necessary costs associated with your work
2. What is a gig worker? How is it different from freelancer?
A gig worker is someone who takes on short-term tasks, often referred to as "gigs" for various clients or platforms. They usually do most of their work through platforms marketplace. Gig work can be anything from driving for a ride-sharing service to doing tasks on online platforms.
A freelancer is a self-employed skilled professional who offers their specialized services to clients on a specific project-by-project basis.
Both the terms "gig worker" and "freelancer" can mean the same thing. Gig worker usually refers to performing various short-term, task-oriented work, while freelancer usually refers to a skilled professional who offers specific services on a project basis.
3. Why is Living Tariff important for me?
The Living Tariff is essential for gig workers because it provides an overview of your actual income, helping you understand what a minimum tariff should be for your profession to maintain a decent standard of living....
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