ZomWork Strengthens Singapore�s Gig Economy

For both
businesses and self-employed professionals, a trustworthy outsourcing platform
is now at your fingertips

�

SINGAPORE - Media OutReach - 17 September 2018 – ZomWork, a joint
venture talent outsourcing platform between Singapore Press Holdings and ZBJ
Network Inc, aims to help businesses grow by providing the tools that allow
them to access the gig economy and outsource work in the most efficient and
quickest way through their platform. With the local gig economy on the rise and
here to stay, ZomWork is opening the pathway for SMEs and startups to leverage
on technology and the gig economy to thrive in today’s economy.

 

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

 

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

 

In line with ZomWork’s objective to
accelerate the growth of the local gig economy, ZomWork recently just announced
a pilot launch of a locally available financial protection initiative for
self-employed professionals in Singapore to cover them in the event of illness
or if they are unable to work. This is a much-needed protection to a growing
pool of self-employed professionals.

 

“As a self-employed individual, I
enjoy the flexibility of contract work. However, like other freelance
professionals, I worry about financial sustainability. This protection will
allow me to focus on growing my business while safeguarding my income during
unforeseen circumstances,” said Elena
Owyong, Content Strategist, and Copywriter.

 

Mr.
Jason Teo, General Manager of ZomWork, said: “As
technology and globalisation become more ubiquitous, we are seeing the adoption
of the gig economy take off in Singapore, where we have a relatively large pool
of experienced self-employed professionals.  Our goal is to give both these professional
talents 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’s
recommendation for an insurance product to strengthen the income security of
self-employed persons. We welcome such efforts by platform intermediaries and
freelancer communities that can help facilitate the group purchase of such
insurance product and share these gains with freelancers.”

 

To officially launch the new initiative of
financial protection for self-employed professionals, and engage with both
professionals and companies who are leveraging the gig economy and technology, ZomWork held their first ever gig economy conference to
reshape work for ‘The Future of Work for SMEs’ on 6 September 2018, at Marina
Bay Sands.

 

About ZomWork

ZomWork
is a one-stop online professional services marketplace – A joint venture
between Singapore Press Holdings (SPH) and ZBJ Network Inc. ZBJ-SPH Pte Ltd is
one of the commercial pacts under the Chongqing Connectivity Initiative which
is Singapore-China’s 3rd government-to-government project.

 

ZomWork
aims to connect companies with the right talent in areas such as design, IT,
marketing, copywriting, video production and more. The robust marketplace
allows companies in Singapore to compare portfolios and prices of talent. In
addition, ZomWork manages payments for the duration of the project – allowing
talent and companies to focus on their core business and giving them the tools
to secure and deliver projects faster.

 

For more information:

–      
https://www.zomwork.com