Polyworking - managing multiple concurrent jobs rather than relying on a single income source - is gaining popularity.
A development from what was formerly known as the relatively niche ‘portfolio career’, nearly half of workers currently polywork, with another 36% planning to start.
People embrace polyworking to increase income and job security, develop diverse skills, reduce burnout, expand networking opportunities, gain autonomy and enhance creativity. This trend has grown due to reduced commuting time, AI efficiencies and increased contract work.
Companies employing polyworkers gain access to talent with broader skill sets and fresh perspectives from other industries. This diversity fosters innovation and adaptability within the organisation.
In addition, supporting polyworking can create a competitive edge in recruitment, establish a learning culture, and improve employee satisfaction - ultimately enhancing retention and organisational resilience in today's rapidly evolving business landscape.