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Title:The human capital of the freelancers and their satisfaction with the quality of life
Authors:ID Huđek, Ivona (Author)
ID Tominc, Polona (Author)
ID Širec, Karin (Author)
Files:.pdf Hudek-2021-The_Human_Capital_of_the_Freelancer.pdf (1,10 MB)
MD5: 25366D7A874DD7C8C66AB8DAB7A7531C
 
URL https://doi.org/10.3390/su132011490
 
Language:English
Work type:Scientific work
Typology:1.01 - Original Scientific Article
Organization:EPF - Faculty of Business and Economics
Abstract:Digital technologies are underpinning a wide range of products, services, processes, and business model innovations that are significantly transforming industries, organizations, and society. They are increasingly permeating every aspect of our daily lives. In this paper, we looked at the challenges of digitalization, leading to a new way of working in the market and new business models, such as the gig economy. Individuals are becoming more mobile and self-directed in their careers, as opposed to traditional careers. We investigated the demographic characteristics of the new, growing group of self-employed, so-called freelancers, at the national level in Slovenia and investigated the relationships between human capital and their subjective (job and career satisfaction, life satisfaction) and objective success (income satisfaction). The survey was conducted among 200 freelancers (respondents). The empirical results show that most Slovenian freelancers working from home work in professional, scientific, and technical occupations; are between 35 and 44 years old; have completed the second level of tertiary education; work more than 40 hours per week; and have 16 years or more of work experience. To explore the quality of life of freelancers, empirical analysis showed that human capital factors are important for the success of a new career as a freelancer. The results show that freelancers’ human capital factors (education and experience, skills, and training) positively influence subjective and objective success. Using structural equation modeling, we also confirmed that human capital has a greater impact on freelancers’ subjective success (life satisfaction, career satisfaction) than on objective success (income satisfaction), suggesting that job and life satisfaction should be considered an important resource that freelancers rely on to determine their quality of life.
Keywords:digitalization, work engagement, freelancers' human capital, quality of life, subjective success, objective success
Publication status:Published
Publication version:Version of Record
Submitted for review:11.09.2021
Article acceptance date:13.10.2021
Publication date:18.10.2021
Publisher:MDPI
Year of publishing:2021
Number of pages:Str. 1-23
Numbering:Letn. 13, Št. 20, št. članka 11490
PID:20.500.12556/DKUM-89944 New window
UDC:005.9
ISSN on article:2071-1050
COBISS.SI-ID:82233091 New window
DOI:10.3390/su132011490 New window
Publication date in DKUM:19.08.2024
Views:255
Downloads:20
Metadata:XML DC-XML DC-RDF
Categories:Misc.
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Record is a part of a journal

Title:Sustainability
Shortened title:Sustainability
Publisher:MDPI
ISSN:2071-1050
COBISS.SI-ID:5324897 New window

Document is financed by a project

Funder:ARRS - Slovenian Research Agency
Project number:P5-0023
Name:Podjetništvo za inovativno družbo

Licences

License:CC BY 4.0, Creative Commons Attribution 4.0 International
Link:http://creativecommons.org/licenses/by/4.0/
Description:This is the standard Creative Commons license that gives others maximum freedom to do what they want with the work as long as they credit the author.
Licensing start date:18.10.2021

Secondary language

Language:Slovenian
Keywords:digitalizacija, delovna zavzetost, kakovost življenja, subjektivni uspeh, objektivni uspeh


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