Fractional jobs: A smarter way to build workforce agility
In recent years, flexible work arrangements such as remote work have become mainstream, focusing primarily on when and where people work
[SINGAPORE] The employment landscape is rapidly evolving due to demographic shifts, technological advancements, rising cost pressures and changing workforce preferences. In Singapore, these challenges are further compounded by an ageing population, talent shortages, and an increasing push towards productivity and efficiency. These forces are driving organisations to rethink traditional employment models. PwC’s 28th Annual Global CEO Survey reveals that 42 per cent of business leaders believe their companies will not be viable within the next decade without significant change, underscoring the need for businesses to innovate their workforce models.
In recent years, flexible work arrangements – such as part-time roles, remote work and gig employment – have become mainstream, focusing primarily on when and where people work.
However, job fractionalisation – which breaks down conventional full-time roles into modular components that can be performed by multiple individuals – enables organisations to distribute work based on business needs and individual skills. This can be through automation or redistribution of tasks among workers and contractors.
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