Workers Branch Out to Side Jobs Amid Salary Stagnation and Inflation

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Embracing Polyworking: Navigating the Trend of Juggling Multiple Jobs

Surviving Economic Hardships Through Polyworking

In response to stagnant wages, rising inflation, and job insecurity, many workers are exploring avenues outside their main careers. Taking on side jobs or ‘polyworking’ as some refer to it, provides an extra income stream and serves as a fallback plan in case of layoffs.

The concept of polyworking is becoming more prevalent, with individuals taking on two, three, or even four jobs simultaneously.

A Look into the Polyworking Life

A prime example of this is Katelyn Cusick, 29, who works full-time as a visual merchandiser for Patagonia. On the side, she manages social media influencers for a German shoe brand, runs an Etsy shop where she sells paintings, and works as an usher at concerts in the San Francisco Bay Area.

Alongside bringing variety to her work life, these side hustles help Cusick pay off her student loans and manage the high cost of living, especially as her full-time wages have remained the same for several years.

The Gig Economy Surge

Instability at work, fear of income loss, and an unwillingness to rely solely on one employer for a stable job have driven many to supplement their primary roles with gig work. Platforms such as Uber and Grubhub have seen a surge in users.

“Stagnant salaries, inflation, and increasing cost of living have prompted people to look for ways to supplement their income and build a safety net,” says Alexandrea Ravenelle, a gig economy researcher at the University of North Carolina at Chapel Hill.

Side jobs not only generate supplementary income but also help develop diverse skills, leading to the creation of ‘portfolio careers’. For instance, Cusick’s side work in managing social media influencers helps keep her digital marketing skills up to date.

Embracing Polyworking: Points to Consider

Before diving into the multiple-job trend, it’s crucial to consider a few points. Career experts and polyworkers have shared some tips to help you get started and avoid common pitfalls.

Choose a Passion

As you’ll spend a substantial amount of your free time on a side business, it’s recommended to choose something you genuinely enjoy. It’s usually something the person is passionate about, says Elaine Chen, director of the Derby Entrepreneurship Center at Tufts University.

Be Cautious with Gig Work

While some side jobs such as delivering groceries or driving passengers can generate income right away, it’s crucial to understand the risks associated with gig work. For example, transitioning back to full-time, permanent jobs can be challenging, and there is a certain stigma associated with gig work among some employers.

Stay Skeptical

Be sceptical if an online job opportunity appears too good to be true. Some online influencers promote business ideas that often turn out to be scams. Verify the authenticity of the job opportunity before diving in.

Make Time for Yourself

Maintaing work-life balance is crucial when juggling multiple jobs. Starting a second job or career can eat into personal time, reducing opportunities to exercise or spend time with family and friends. Therefore, it’s essential to manage your time effectively to ensure you still enjoy life while embracing polyworking.

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