Tag: gig economy

February 6, 2024 Off

Navigating the Tax Landscape: A Gig Worker’s Guide

By The Admiral Staff

The rise of gig work is changing the employment landscape, with over 10% of the U.S. population now self-employed. Gig workers are responsible for paying self-employment taxes (up to 15.3% on income up to $168,600 in 2024) and can significantly reduce their tax burden by utilizing deductions. Key strategies include meticulously tracking income and expenses throughout the year using tools like spreadsheets or apps, and understanding deductions for

January 7, 2024 Off

The Uber Hustle: Secrets to Maximizing Your Earnings

By The Admiral Staff

Becoming a successful Uber driver requires strategic thinking beyond simply working long hours. While the average Uber driver in the U.S. earns around $63,913 annually (15% above the national average), journalist Emily Guendelsberger’s undercover experience in Philadelphia revealed several key tactics. These include prioritizing personal nourishment over passenger snacks, identifying convenient restroom locations, avoiding popular high-demand areas to prevent surge pricing drops, strategically logging in and out of the driver app to manipulate surge fares

October 15, 2023 Off

Decoding Your Rate: A Gig Worker’s Guide to Pricing Success

By The Admiral Staff

This article provides a guide for gig workers on how to effectively set their rates. It emphasizes understanding industry standards, accurately calculating business costs (including taxes and overhead), and avoiding hourly rates in favor of project-based pricing. Key takeaways include regularly increasing rates as experience grows, not undervaluing work, aligning rates with personal needs and capacity, and staying motivated by seeking fulfilling and fairly compensated projects.

June 8, 2023 Off

Unconventional Careers: Get Paid to Cuddle, Play Games & More!

By The Admiral Staff

The article highlights various unconventional ways to earn extra money, ranging from tech-focused roles to more unique opportunities. Options include applying for positions at companies like Pokemon Go, Lisa Frank, and Yelp, participating in medical studies for compensation (up to $750), becoming a professional cuddler ($40/hour), and even getting paid to play video games or write about celebrities. Other ideas include driving for Uber, opening a new bank account for bonuses (up to $250), working

November 13, 2022 Off

The Great Grocery Gig: How Coronavirus is Fueling a Delivery Worker Boom

By The Admiral Staff

Due to surging demand from stay-at-home orders, grocery delivery apps like Instacart and Shipt are rapidly hiring, with Instacart aiming to add 300,000 new shoppers. These “full-service” positions involve shopping and delivering groceries and are offered as independent contractor gigs with pay largely based on tips. Instacart is also implementing temporary measures to protect workers, including paid sick leave and supplying cleaning products, while offering customers a “Leave It At My Door” contactless