Cost of living crisis | Is it ever OK for staff to have a side hustle or second job? (HR Grapevine)

11 July 2023

In today's fast-paced, high-cost world, the traditional 9-to-5 is no longer the norm. It's becoming increasingly common for employees at all levels to engage in side hustles or second jobs. In fact, nearly a third of workers already have one, and 42% are contemplating diving into this trend. This shift is largely driven by the rising cost of living, pushing many to take on additional roles to meet their financial commitments.

Senior Associate, Sophia Zand has featured in an article by HR Grapevine, commenting on how employees should first check their employment contract to see whether this is expressly prohibited.

Sophia says: "Most contracts tend to state that employees must seek consent from their employer before they start working elsewhere. Usually, if permission is granted, employers will ask employees to confirm that taking on a second job will not affect their existing job with them and remind them of their ongoing obligation to not disclose confidential information to others."

Side hustles present an opportunity for individuals to unlock underutilised areas of strength, particularly entrepreneurial and creative skillsets. They act as a platform for self-expression, innovation, and personal growth, often fuelling the fire of ambition and motivation. The financial stability provided by these secondary roles can also enhance one's wellbeing and career development, resulting in increased productivity at their primary job.

The rise of the side hustle is a testament to the evolving nature of work and the resilience of today's workforce. While it presents challenges, it also offers opportunities for personal growth, financial stability, and increased productivity. As with any change, it requires careful management and open dialogue to harness its potential while mitigating its risks.

Read the full article here

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