Portfolio careers continues to become the new ‘norm’

by Barrie Hopson on July 29, 2014 · 0 comments

in Flexible working,Future of work,portfolio careers

We have posted a lot over the past year in particular with data that clearly shows the increasing popularity of portfolio careers, self employment, freelancing and flexible working. The latest study is from PcW.  Only around one in seven workers wants to work in a ‘traditional’ nine-to-five office environment in the future, according to their latest research.

The Future of Work report, which surveyed more than 10,000 people across China, India, Germany, the UK and the US, found that one-fifth of workers see themselves working virtually, with the ability to log on from any location within the next 10 years.

The shift in how we work will be so huge that a quarter of respondents believed that traditional working approaches and structures simply won’t be around in the future. HR professionals predict that at least 20 per cent of their workforce will be made up of contractors or temporary workers by 2022. Almost a third are building talent strategies around people’s growing desire for portfolio careers, hiring staff on a more ad-hoc basis.

According to the report, workers will begin to see themselves as members of a particular skill or professional network, rather than as an employee of a particular company, and we may even begin to see ‘eBay’ style ratings of workers as people sell themselves to companies on a project basis based on past performance.

Jon Andrews, UK HR consulting leader at PwC, said that ‘nine to five’ working could “soon become resigned to history for many workers”.

“People feel strongly that they no longer want to work within the constraints of the typical office environment and advances in technology mean that workers no longer have to be shackled to their desks.”

“We predict that many organisations will embrace these changes in employee working preferences and use them to their own advantage. We could easily see the rise of organisations that have a core team that embodies the philosophy and values of the company, but the rest of the workforce is not fixed and come in and out on a project-by-project basis,” he added.

Technology will play a huge role in achieving this aim, according to the report, as employers look to coordinate a largely external workforce and support their relationships with third parties.

I’m not sure I want to be the new norm. I quite liked being different! But there we are ……..

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