Abstract

The gig economy, which offers temporary and flexible labor, has grown rapidly and transformed the outlook on careers and human resource management. This study examines the human development component of gig labor, challenging its professional status, and investigating meaningful employment. Fair pricing is vital to gig economy workers’ well-being. Competitive pricing on many gig platforms may cause a race to the bottom, underpaying and undervaluing workers. Workers typically lack stability and security, as this survey shows. Gig work's lack of career paths and promotion chances raises concerns about its sustainability. Innovative methods must be used to provide gig workers a feeling of purpose and satisfaction from their employment. Our focus is on fair pricing in the gig economy and its effects on workers. Addressing human growth, meaningful employment, fair pricing, and equitable incentives may create a more sustainable and friendly gig worker environment. Additionally, authorities and companies must work together to adopt laws that safeguard workers’ rights, assure fair compensation, and improve their well-being. A balanced and successful gig economy that benefits companies and people requires embracing these developments. Platform workers’ fair incentive schemes are also discussed to reconcile company goals and worker well-being.