Gendered effects of the "gig economy"
Round One: Written submission
Using data from the 2016 Global Independent Work Survey, McKinsey says the independent workforce is projected to grow from 68 million to 129 million in the US alone. And a study by Randstad US, an HR service and staffing firm, finds that 70% of workers and 68% of employers believe that a majority of the workforce will be employed in an agile capacity by 2025. Within this so-called ‘gig economy’ women are on track to be the majority of the workers. According to a recent study from Harvard University, "[from] 2005 to 2015, the percentage of women who were employed in an alternative work arrangement more than doubled, rising from 8.3 percent to 17.0 percent… women are now more likely than men to be employed in an alternative work arrangement."
The ‘gig economy’ can empower many men and women to continue accumulating wealth while achieving work/life balance, but will it have unintended economic consequences? Will these unintended consequences create new gender-based challenges and/or opportunities in the economy?
Your written submissions should be no longer than 1,000 words. The way you structure your written submission is completely up to you. We are more interested in the quality of your thinking and your approach to the problem than how well you conform to a standard format.
The written submission is optional to participate as part of a team, but required to qualify for the individual awards, including the ≈$100,000 grand prize scholarship award.
Please submit your written component as a Word or PDF document no later than Tuesday, May 9, 2017 at 12pm noon Eastern Time.
Round Two: Team Presentations
What services or products can be created to provide some job-security and enable career development & longevity for gig economy workers?
All admitted students to the 2017 intake of the Rotman Full-Time MBA Program are eligible for the team presentations round of the Problem Solving Challenge Weekend.
The team presentation challenge will be announced the morning of Friday, May 12th at the Rotman School of Management in Toronto.
Remember, you must be physically present at Problem Solving Challenge Weekend on May 12-13, 2017 in order to take part in this round.
If you currently live outside of Canada, please ensure that you meet the visa requirements to enter the country. If as part of your visa requirements, you require an invitation letter from Rotman, please email us at firstname.lastname@example.org and we can provide an invitation letter for you.