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29% of Workers Have Side Gigs

October 31st, 2016 Comments off
candidate behavior

Working more than one job is nothing new, but a new survey from CareerBuilder suggests that the practice may be growing more prevalent – and this trend isn’t likely to be changing any time soon.

 

The survey found that 29 percent of workers says they have a side hustle. The trend is especially prominent among younger workers, with 39 percent of workers between the ages of 18 and 24 having side hustles, and 44 percent of those ages 25-34.

 

What does this mean for you?

While some employers may perceive an employee’s side gig as a threat or a sign of a lack of commitment to their day job, 71 percent of workers with side gigs say they don’t want to turn it into their day job, and 76 percent say they don’t plan on opening their own business.

 

The best course of action if you believe a side hustle is having an impact on your employee’s performance is communication. Work with the employee to find a balance between their commitment to a side hustle and the standards you expect from them at your company.