BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Regulating Gig Work: Grab & GoGet Weigh In

Regulating Gig Work: Grab & GoGet Weigh In

Rashid Shukor, Director of Country Operations and Mobility, Grab Malaysia | Franchesca Chia, Founder and CEO, GoGet

10-Dec-24 12:00

Regulating Gig Work: Grab & GoGet Weigh In

What must Malaysian policymakers understand to craft a regulatory framework that balances flexibility and the nuances of the gig economy with the need for social protections?

The gig economy has transformed modern work, offering flexibility for gig workers, cost-effective solutions for businesses, and convenience for consumers. However, Malaysia’s long-anticipated Gig Workers Bill could reshape this landscape, with industry players voicing concerns over unintended consequences and lack of engagement in the drafting process.

From defining gig work accurately to balancing flexibility with social protections and emphasising meaningful industry engagement, in this episode of Enterprise Explores, Rashid Shukor, Director of Country Operations and Mobility at Grab Malaysia, and Franchesca Chia, Founder and CEO of GoGet, share their insights on the complexities of regulating gig work.

Here are some key highlights from the conversation:

- Defining Gig Work: The gig economy spans diverse models, from location-based platforms like Grab and GoGet to non-location-based and freelance work. Precise definitions are key to effective regulation.

- Flexibility First: Flexibility is the cornerstone of gig work, and policies must ensure it’s preserved without compromising worker protections.

- Concerns with Current Policies: Both Grab and GoGet emphasised gaps in existing frameworks, such as costly multi-platform contributions and outdated structures like annual payment models.

- Social Protections: Platforms advocate for voluntary, bite-sized contributions for insurance and social protections, ensuring affordability for gig workers with fluctuating incomes.

- Technology as a Solution: Leveraging APIs, digital platforms, and microinsurance models can streamline protections while maintaining operational efficiency.

- Stakeholder Engagement: Both platforms urge policymakers to prioritise dialogue with gig workers, platforms, and other stakeholders to craft effective regulations.

- Global Lessons, Local Leadership: Malaysia has been progressive in gig economy innovations, with initiatives like PERKESO’s SKSPS and EPF integrations, but continuous dialogue is vital to sustain this leadership.

- Future-Proofing the Model: Ensuring any policy accounts for multi-platform work, inclusivity, and evolving employment dynamics is essential for balancing worker welfare, platform sustainability, and consumer affordability.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketsmanagingpoliticscontroversiesLaw/Activismgovernmententrepreneurs

Tags:  gig workers billgig workersregulationgig work





Play / Pause

Listen now : The Breakfast Grille: Tan Sri Andrew Sheng of the Institute for Capital...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Joe Quinlan of US Trust-BOA Private Wealth Management

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Preston Caldwell of Morningstar discusses the impact of Donald Trump’s sweeping tariffs on the US economy.

7:45 AM

Morning Brief

The Assemblywoman of Subang Jaya Michelle Ng Mei Sze discusses the aftermath of gas explosion in Putra Heights.

8:00 AM

The Breakfast Grille

Tan Sri Andrew Sheng of the Institute for Capital Market Research Malaysia shares insights into Malaysia's economic resilience and the potential impact of global turbulence on necessary reforms.

8:30 AM

Morning Brief

Benjamin Barton, University of Nottingham Malaysia dissects Marine Le Pen's embezzlement conviction and French politics.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) We bring you the latest on Bursa Malaysia and international capital markets.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Ringgit & Sense

Linnet Lee, DIrector at Resolute Planning talks about the planning for your own aged care.

10:05 AM

Open For Business

Cynco's AI Revolution: Can It Replace Your Accountant?

11:00 AM

Tech Talk

Industrial Automation and AI Drones

12:00 PM

Enterprise Explores

AI Is Only as Smart as Your Data

1:00 PM

The Breakfast Grille Repeat

Tan Sri Andrew Sheng of the Institute for Capital Market Research Malaysia shares insights into Malaysia's economic resilience and the potential impact of global turbulence on necessary reforms.

2:05 PM

Discovery Hour

In this episode of "There's No Planet B," Atmospheric Scientist Dr Matthew Ashfold explains what the effects of the climate crisis will be on both people and the planet.

3:05 PM

Beyond the Ballot Box

How racist was Malaysia in 2024? We discuss with NGO Pusat Komas.

4:05 PM

Health & Living

Is butter artery-clogging, or a superfood? We break down the results of a recent study concluding that butter increases the risk of death.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

8:00 PM

BBC World Service