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Steady – Building a Better Financial Future for the Global Workforce

Steady issued its latest Steady Gig Employment Index, that highlights a demographic and economic breakdown of who’s entering the gig economy, which are the leading gig employers and where gig workers are making the most money.

One of the key points the index highlights is that some of the leading gig economy employers aren’t who you’d necessarily expect.

The top 5 employers of the tens of thousands of worker who use Steady’s income tracker are Aerotek, Costco, Petco, Adecco, Safeway and Airbnb.

This month’s index took a closer look at Walmart (Of the Steady users who work at Walmart, 49% worked one or two other jobs as well) and at California gig economy workers: California-based Steady members brought home an average monthly income of $632 from gigs they picked up through the Steady app, and the top five employers for California-based Steady members are Uber, Lyft, Amazon, Walmart and Postmates.

Steady members brought home an average monthly income of $634 from Walmart. Of the Steady members who worked at Walmart, 49% of these workers also worked one or two other jobs. Of Steady members who worked at Walmart, 38% also worked concurrently at Amazon.

Uber, Postmates, Lyft, and Target round out the top five employers for Steady members who also worked at Walmart.

“Most people think of the gig economy as Uber and Lyft and Instacart and DoorDash — those are the ‘tech-first’ platforms,” says Steady CEO Adam Roseman. “But if you look at Walmart, Amazon, and Home Depot, you will see their growing use for on-demand employment. That’s shrinking workers’ hours.”

Backed by former NBA star Shaquille O’Neal and led by Propel Venture Partners, Flourish Ventures, and Clocktower Technology Ventures, Steady raised $9 million in Series A funding last year and was previously seed financed by Loeb Enterprises.

Founded in 2017, Steady puts tools into the hands of American workers to help them solve their increasing income challenges caused by wages not keeping up with costs of living, the reduction of available work hours at employers due to their driving efficiencies, and future job loss due to automation.

Steady makes it easier than ever for workers to fill their income gaps, gain insights into their income, and improve their overall financial well-being. As of October 2019, the Steady app has been downloaded more than 1.6 million times.

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For more information contact: Paul Wilke – paul@uprightcomms.com – 415.215.8750

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