ZomWork Strengthens Singapore’s Gig Economy

September 17, 2018 - 03:53
ZomWork Strengthens Singapore’s Gig Economy

For bothbusinesses and self-employed professionals, a trustworthy outsourcing platformis now at your fingertips


SINGAPORE - Media OutReach - 17 September 2018 - ZomWork, a jointventure talent outsourcing platform between Singapore Press Holdings and ZBJNetwork Inc, aims to help businesses grow by providing the tools that allowthem to access the gig economy and outsource work in the most efficient andquickest way through their platform. With the local gig economy on the rise andhere to stay, ZomWork is opening the pathway for SMEs and startups to leverageon technology and the gig economy to thrive in today's economy.


Acknowledging the unique needs and requirementsof each job, ZomWork provides a robust portfolio profile on its platform toease the decision-making process. SMEs and startups can conveniently post theirprojects on ZomWork and choose the suitable talents. The process empowers bothbusinesses and self-employed professionals to be time and cost effective.Outsourcing work also drives productivity and let companies focus on innovatingand growing their internal team.


The continuous innovation and adoption oftechnology are boosting the growth of self-employed professionals globally.ZomWork wants to support this growth by providing tools for both self-employedprofessionals and companies to better engage with each other in the gigeconomy. Some of these tools include a monetary escrow service for securedpayments, a robust communication platform to navigate timeline and milestones,and a dispute management team. These tools have helped build a thrivingcommunity of over 2,000 companies and self-employed professionals joining theplatform since ZomWork's official launch in April this year.


In line with ZomWork's objective toaccelerate the growth of the local gig economy, ZomWork recently just announceda pilot launch of a locally available financial protection initiative forself-employed professionals in Singapore to cover them in the event of illnessor if they are unable to work. This is a much-needed protection to a growingpool of self-employed professionals.


"As a self-employed individual, Ienjoy the flexibility of contract work. However, like other freelanceprofessionals, I worry about financial sustainability. This protection willallow me to focus on growing my business while safeguarding my income duringunforeseen circumstances," said ElenaOwyong, Content Strategist, and Copywriter.


Mr.Jason Teo, General Manager of ZomWork, said: "Astechnology and globalisation become more ubiquitous, we are seeing the adoptionof the gig economy take off in Singapore, where we have a relatively large poolof experienced self-employed professionals.  Our goal is to give both these professionaltalents and companies the tools to better find and engage with each other."


Mr. Ang Hin Kee,Assistant Director-General of the National Trades Union Congress and Director,NTUC Freelancers and Self-Employed Unit, said: "The initiative by ZomWork is in line with the Tripartite Workgroup'srecommendation for an insurance product to strengthen the income security ofself-employed persons. We welcome such efforts by platform intermediaries andfreelancer communities that can help facilitate the group purchase of suchinsurance product and share these gains with freelancers."


To officially launch the new initiative offinancial protection for self-employed professionals, and engage with bothprofessionals and companies who are leveraging the gig economy and technology, ZomWork held their first ever gig economy conference toreshape work for 'The Future of Work for SMEs' on 6 September 2018, at MarinaBay Sands.


About ZomWork

ZomWorkis a one-stop online professional services marketplace - A joint venturebetween Singapore Press Holdings (SPH) and ZBJ Network Inc. ZBJ-SPH Pte Ltd isone of the commercial pacts under the Chongqing Connectivity Initiative whichis Singapore-China's 3rd government-to-government project.


ZomWorkaims to connect companies with the right talent in areas such as design, IT,marketing, copywriting, video production and more. The robust marketplaceallows companies in Singapore to compare portfolios and prices of talent. Inaddition, ZomWork manages payments for the duration of the project - allowingtalent and companies to focus on their core business and giving them the toolsto secure and deliver projects faster.


For more information:

-      https://www.zomwork.com