Source | economictimes.indiatimes.com | Saumya Bhattacharya
India’s young workforce is opting for gig roles like never before. In the first quarter of FY23, the segment of the workforce with 3–5-year experience joining gig saw a 50% increase compared to the same time last year, as younger professionals increasingly sought flexibility, revealed data from freelance jobs platform Flexing It, shared exclusively with ET.
Reasons for the increased adoption of gig also include the demand for technology skills, and increased acceptance and confidence in freelancing as a profession of choice, which is reflected in companies such as HUL NSE -1.06 % and Axis Bank NSE -0.81 % among others, putting in place gig hiring initiatives.
Another indicator of companies adapting to flexible work was that despite the return to office, remote comprised 44% of all projects in the April to June quarter of FY23. This is higher than the pre-pandemic