Craig Peters Discusses the Gig Economy in WorkersCompensation.com Article “When Getting the Gig Means Losing Workers’ Compensation”

In the WorkersCompensation.com article "When Getting the Gig Means Losing Workers' Compensation," Trial Team Leader Craig Peters discusses the shift in the economy due to changing employer-employee relationships and its damaging effects on the pillars of our society. In the age of the Uber gig economy, the reoccurring issue of who is responsible for workers' compensation is brought to light time and time again, with no definitive answer.

The gig economy may be appealing now, but it is not necessarily good for the end-game of retirement. "We designed [the economy] based on one assumption and now we are rapidly moving away from that assumption, which is going to undermine those pillars of our society that were designed for all these really good reasons," said Peters.

"While they are going to have more money in their pockets right now, their Social Security accounts are not going to grow and they're not going to be paying in for disability and health insurance," Peters continues. The overarching concern is that legislation needs to evolve in response to the changing needs of American workers and while this is no one's fault, we need to take a step back and think about redesigning the system in order to keep the pillars firm.

Read full article.