For 11 years, as the research provider for the MBO Partners State of Independence Study series, we’ve been charting the growth, profile, desires, and needs of the growing American independent workforce. These are self-employed consultants, freelancers, independent contractors, gig workers, and others who work independently instead of having traditional full-time jobs. We recently found something surprising: An increasingly large majority of independent workers say that independent work is less risky and more secure than traditional employment.
Workers Don’t Feel Like a 9-to-5 Job Is a Safe Bet Anymore
Research suggests that freelancing looks increasingly appealing.
March 23, 2022
Summary.
Job security is a key reason people choose traditional employment over independent work. But declining perceptions of job security, coupled with workers rethinking what they want when it comes to work/life balance, are leading more people to prioritize flexibility, autonomy, and control when choosing where they will work. New data shows that the percentage of traditional full-time workers who believe independent work is more secure than traditional work has increased significantly in the last four years. Because of this shift, to successfully attract and retain top talent in the post-pandemic world, employers will need to give their employees the freedom and flexibility associated with independent work.
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New!
HBR Learning
Business Plan Development Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Business Plan Development. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Learn how to create a winning business plan.