Archive for November 2021

The Sri Lankan tourism ministry is also zooming in on what has been called the travel sector’s newest emerging target: digital nomads, who reportedly wield a collective US$787 billion in spending power, and whose numbers have increased dramatically during the pandemic. Around 15.5 million people in the US describe themselves as digital nomads, an increase of…

At some point during the pandemic, the idea that return to business travel had to be tied to return to office strategy began to fall apart. According to MBO Partners, about 10.9 million Americans in 2020 described themselves as digital nomads, compared to 7.3 million in 2019.

COVID-19 made many employers and employees realise that it was possible to be productive while working away from the office. And even as businesses began to slowly reopen, a small but growing number of people are choosing to become digital nomads – remote workers who travel the world. According to MBO Partners, a business management…

The number of platforms for highly skilled freelancers increased over 300 percent since 2009, giving rise to new theories on how organizations of the future will use and manage talent. This growing reliance on freelance talent won’t just come about because it benefits businesses. It’s also increasingly what workers want, too. Data from MBO Partners says that…

As the lockdowns broke, we saw a shift towards remote working as a permanent fixture, and with it, an opportunity to leave the towns and cities we had previously been tied to. Even before the pandemic, the research showed that the ‘digital nomad’ was on the rise. In 2018, research by MBO Partners estimated that…

Almost 21% of the United States population is looking for banking options that suit their needs, primarily because what they have right now isn’t sufficient. Who are they? Independent contractors, also referred to as independent workers and gig workers. Not only are these “untethered” workers looking for new banking options, but they are growing collectively…