Sunday, Apr 19, 2015Sunday, Apr 19, 2015

Everyone should get a portfolio career

Published on Jun 6, 2014 6:39 PM
Visitors looking at the job listings displayed on boards at a recruitment drive by Project Success on May 3, 2014. -- PHOTO: ST FILE

During the debate on the President's Address recently, Member of Parliament Patrick Tay expounded on the concept of "second-skilling". He called on the Singapore Government and employers to put in place the infrastructure and support necessary to enable workers to obtain a second set of skills in the event they lose their jobs and have to find an alternative. I applaud this as a step in the right direction. It also happens to align with my concept of a portfolio career.

But, why stop at two skills, why not three, or more?

I have written before on the concept of a portfolio career, and my view remains that this is something that we have to seriously consider. Simply defined, a portfolio career consists of two or more activities that someone can do in order to continue to earning an income when self-employed.

With continuous, and increasingly rapid changes in the world, people need to proactively take charge of their careers. When it comes to business survival, employers will not have the time or inclination to take care of the rice bowls of their employees. This is a fact that some may still not fully comprehend or accept.

Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!