South China Morning Post (SCMP), the leading English newspaper in Hong Kong, features The Executive Centre’s views on how the rise of freelance activity is redefining the workplace landscape and fuelling the growth of the serviced office market.
Today, the global workforce is experiencing a major transformation driven by the worldwide surge in freelance activity. It is estimated that there are over 300 million freelancers worldwide, contributing US$3 trillion to the global economy.
Gigi Liu, Corporate Director – Marketing & Communications of The Executive Centre, commented, "Freelancing is on the rise for various reasons, starting with corporate downsizing and shifting economic conditions to changing career ideologies, pursuit of work-life balance and as an additional source of income, with one of the biggest motivators and driving forces being the freedom and flexibility."
The freelance phenomenon is also redefining the workplace landscape. Brick-and-mortar businesses with easy access to a global network of freelancers can cut down on large offices and full-time staff. This, in turn, drives the demand for co-working spaces, which TEC recently launched in its Asia-Pacific centres.
Gigi continued, "The collaborative environment offers unprecedented business support as well as office facilities to maximise freelancers' potential while working as per their schedule and pace".
Please click here to view the full article.