#United States #Salt Lake City #Financial Strain #Everee #Gig Drivers

Unveiling the 2025 Gig Driver Report

Everee, a notable payroll software provider tailored for the gig economy, has published its 2025 Gig Driver Report, a revealing examination of the current state of gig work in the United States. With insights drawn from a comprehensive survey involving over 400 rideshare and delivery drivers, this report delves into the motivations of gig workers, the challenges they face, and the vital role of timely payments in their financial landscape.

The Reality of Gig Work

The gig economy continues to grow as more individuals turn to flexible work options. However, the recent findings indicate that many drivers depend on these jobs far beyond mere supplemental income. The statistics paint a clear picture:

• - 27% of drivers engage in gig work full-time, while 59% rely on it for at least half of their total income.
• - A significant 66% of respondents intend to use their gig earnings to manage everyday bills and living expenses over the next year.
• - About 34% are funneling their earnings toward debt repayment, with 28% aiming to build emergency savings.
• - Additionally, 22% express intentions to invest, and 18% are saving for specific projects.

This illustrates a shift in perception of gig work: it’s becoming a primary source of financial stability for a growing number of individuals.

Financial Strain Due to Delayed Payments

Despite the crucial role gig work plays, financial strain is a common sentiment among drivers. Tensions rise with ongoing economic uncertainties, prompting many drivers to express concerns regarding their earnings' accessibility. The report highlights alarming realities:

• - 65% of drivers have had to resort to borrowing money while awaiting their gig payments, using payday loans or borrowing from friends and family.
• - 53% have delayed critical bills or purchases essential for daily survival, such as groceries and rent.
• - Furthermore, 30% stated that losing access to same-day payments could lead to serious financial hardships.
• - For another 48%, it would complicate finances but remain manageable under certain conditions.

The Demand for Flexibility and Prompt Payments

Even amid financial difficulties, drivers exhibit a strong desire for flexibility over traditional full-time employment; a staggering 77% prefer to remain independent contractors. The desire for independence coupled with demands for better pay accessibility significantly influences their decisions on which gig platforms to engage.

• - More than half of the surveyed drivers, around 68%, reported working on two or more gig platforms within a month, showcasing adaptability in their work choices.
• - Furthermore, 57% stated that quick access to earnings is a decisive factor when choosing their gig platforms, emphasizing the importance of financial flexibility in maintaining driver satisfaction.

Chris Heffernan, Founder and CEO of dlivrd, remarks, "Driver loyalty is now about trust, transparency, and efficiency in earnings access. Small enhancements in support, such as improved earnings visibility and expedited payments, can significantly boost driver satisfaction and retention."

Conclusion: A Call for Changing Priorities

The insights from Everee's 2025 Gig Driver Report serve as a directive for companies that employ gig labor. As the industry evolves, aligning operational strategies with the specific needs of gig workers becomes essential for enhancing workforce performance and ensuring retention. Prioritizing prompt earnings access and promoting financial flexibility can create a more stable and thriving environment for gig drivers, driving both satisfaction and loyalty within this vital sector of the economy.

For those interested in a more in-depth exploration, the complete report is available for download at everee.com/gig-report.

About Everee

Everee is a pioneering payroll solution designed specifically for gig and hourly workers. It enables companies to pay their employees daily, ensuring both W-2 workers and 1099 contractors have timely access to their earnings. For organizations managing complex payroll across multiple locations, Everee’s Flex Suite streamlines compliance and operational efficiency. Learn more at www.everee.com.