UK workers are ‘portfolio job holders’

These ‘portfolio job holders’ work for more than one employer, potentially offering more than one service. This is a key finding of recent research from Regus, the world’s largest provider of flexible workspace. The survey canvassed the opinions of over 3,000 business people in the UK on their attitudes and approaches to work.

The findings show that working practices have changed considerably, even in as little as five years, with many employers becoming far more nimble in the way that they hire staff. Rather than opt for full-time support, many are choosing to ramp-up capacity to deal with peak periods, outsourcing tasks to individuals that don’t necessarily work within the typical 9-5 framework.

Flexible, professional workspaces are facilitating this approach to work. Portfolio job holders, are understandably reluctant, or indeed unable, to commit to their own individual long-term, leased office.

Denise Dolan, Director of Employment Management Solutions and a Regus customer said: “As an HR consultant I work with many different organisations and spend a lot of time travelling to see clients, so I don’t need a permanent office that I occupy all the time. For this reason, the Regus network is a valuable resource. I use Regus’ Virtual Office which gives me a registered business address, and the staff sort all my post and take phone messages whilst I’m out and about. I can also book formal meeting rooms and use the business lounge whenever I need to.

“Working habits are undoubtedly becoming more flexible and I see this trend continuing in the coming years. Regus is brilliant for start-up businesses, freelancers and consultants, because it offers a permanent location without the need to take out an expensive long-term lease.”

Richard Morris, UK CEO, Regus said “The days of holding one job for life have gone. The tendency towards flexible working – including hours, location, and staff contracts – is gathering pace.

“There are many reasons for this change, but certainly it suits businesses and professionals alike; both are increasingly looking for more flexibility than the traditional full-time work contract may afford.”