60,000 gig workers to get insurance from JodRewards programme
The sponsored benefits are underwritten by Etiqa Insurance Singapore.
Singapore-based Jobs on Demand (Jod), an on-demand gig work platform, has launched JodRewards, an initiative aimed at incentivising users to complete jobs on the Jod platform whilst providing worker benefits to the gig economy.
This initiative follows a local survey among 1000 Jod Members, where eight out of 10 members expressed a lack of access to traditional employment benefits as gig workers.
Amidst the COVID-19 pandemic, calls for changes in work-life balance and mental health recognition have surged, leading to more employees transitioning to gig work despite sacrificing the stability of full-time jobs.
The JodRewards Benefits Programme offers benefits tailored to the needs of gig workers, aiming to redefine standards of support and protection within the gig economy.
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Since its launch, JodRewards has sponsored over S$400,000 ($294,197) worth of Group Personal Accident and Group Public Liability coverage for over 300 jobs.
The programme, currently with an estimated 60,000 Jod Members, has seen active engagement and redemptions since its soft launch in April.
Members can accumulate points based on their activity level on the platform, progressing through tiers (Bronze, Silver, and Gold) to access sponsored benefits underwritten by Etiqa Insurance Singapore, including personal accident and public liability coverage.
Additionally, members can redeem rewards such as paid break time and paid annual leave.
In the future, JodRewards plans to expand its offerings to include benefits such as prolonged medical leave and worker and hiring manager cancellation coverage in Southeast Asia.