In the search for a better work-life balance some people are giving up their traditional jobs and building up a portfolio of part-time jobs instead.
Portfolio working was a term coined by Charles Handy back in the 1980s which has now been replaced by the “gig economy“.
With the developments in new technology and easier access to free wi-fi in coffee bars (but not to our shame in most hotels) people who were once described as Nomads were the exception. Freelance consultants or trainers in the main.
But attitudes have changed and young people, stay-at-home Mums, and those approaching retirement or who have retired i.e. not middle-aged people with a mortgage to worry about, a make up an increasing proportion of the workforce – already a third in the USA – opting to work in this way.
Uber, the taxi service, says many of its drivers have other jobs or are students (I remember when firefighters used to work as taxi-drivers among other things in their time off). Although working from home has become more popular, not everyone thinks this way including, perhaps surprisingly, Generation Y employees.
The desire for flexibility, and I would say control over the work they do, is what seems to be driving this trend. Together with the unavailability of traditional jobs for those in this segment of the economy.
The research behind this story was carried out by the UK Commission for Employment and Skills