Currently, the majority of the roughly 58m people estimated to be working in the gig economy do not have access to a workplace retirement plan, and 77% plan to fund their retirement out of personal savings, according to recent surveying from Legal & General Group.
“As workers become increasingly comfortable with rejecting (or at least bending) established employment norms, employers seem to be responding,” the report’s authors wrote in the report. The findings, they wrote, appear “to validate the belief that gig economy employers want to attract and retain workers and are willing to provide attractive benefits packages to do so.”