Salary Pressure Meets Labor Shortages: The Booming Outsourcing Market!
As the trend of side hustles rises alongside companies facing labor shortages, the outsourcing gig economy is rapidly expanding. A labor platform boldly estimates that the domestic market opportunity could reach NT$1.5 billion this year, driven by decreasing salaries in full-time positions due to inflation, leading more people to take on side jobs to boost their income and providing temporary relief for companies struggling with workforce issues.
According to labor market experts, 76% of full-time employees took on gig work last year, primarily to supplement savings and cope with living expenses. With salary growth lagging behind inflation, the overall outsourcing market is expected to reach NT$1.5 billion by 2025.
