According to the consultancy firm Deacons, there are considerable loopholes in Singapore’s gig economy.
Deacons believe that the loopholes are evident within employment regulation in the gig economy. Freelancers for gig companies such as Airbnb are unfortunately not protected by any employment policies. Airbnb however remains functional even though that the majority of short-term rentals in the properties are in fact illegal.
However, the Urban Renewal Authority (URA) is evaluating the possibility of permitting private owners to offer short-term rentals in their residences.
And so, freelancers for businesses like Uber, Deliveroo, Foodpanda, Lazada, Remart and Grab are not protected by the current employment regulations.
With regards to the private car hire industry, existing regulations did not include the private car hire companies like Uber and Grab. Following this, there has been new legislation within the industry which requires the drivers to be fully licenced.
The Singapore National Employers Federation (SNEF) and the National Trades Union Congress (NTUC) alongside the Ministry of Manpower (MOM) have now issued new standards regarding employment in order to protect the contractors.