Many traditional employees also taking on work as contractors
A piece of research conducted by the UK Commission for Employment & Skills has revealed that there has been an increase in the number of people who are working in a freelance or contracting capacity alongside an employed role. The figures collected as part of this survey show that a significant proportion of the UK’s working population could be building up a portfolio of self employed work, with the total reaching a third of all employees in the near future.
This mode of working, sometimes referred to as the ‘gig economy’ is a sign that the UK us joining the US, where this kind of working is increasingly common and where around 34 per cent of the workforce are regularly working in freelancing or contracting roles.
Peter Glover, of the UK Commission for Employment & Skills, spoke to the Times newspaper today and highlighted the fact that there are three demographic groups where this trend is particularly noticeable: young people who may be just entering the workforce, those who are approaching retirement and those who have already retired and want to generate an income which will top up their pensions.
Members of these groups are much more likely to be seeking a beneficial work-life balance through use of technology, in contrast to those described by the survey as ‘middle agers’ who are the least likely category of people to be completing any self employed work alongside their regular job. This is thought to be because of their fixed responsibilities and the fact that they prioritise what they perceive to be a fixed income stream.
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