5 reasons why companies encourage their teams to have a side hustle

5 reasons why companies encourage their teams to have a side hustle

Whether it’s driving an Uber or freelance writing on the weekends, millions have taken up a “side hustle” aside from their regular job.

According to statistics from Bankrate, more than 44 million Americans make extra out of side hustles. You may be wondering, are employers agreeable to the fact that their employees have another job? 

5 REASONS WHY SIDE JOBS ARE ENCOURAGED

Most often, employees are hesitant to admit they have a side job; their assumption being that employers wouldn’t take kindly to the idea.

But, employers are coming round to the idea of their employees having a side hustle – or should be – and here’s why:

  1. Extra curricular skills

When an employee has a side hustle, it allows them to gain real-life experience and explore out of their 9-5 jobs to develop new skills.

Side hustles help people develop basic skills such as customer service and project management which are required in all job fields. 

For example, an employee works at a supermarket as an administrative clerk. During her weekends, she works as a social media assistant. Using her social media skills, she can contribute ideas to the marketing team to improve advertising.

The employee learned these skills on their own time but then applied them to their full-time position, without the company investing in extra training.

  1. Self-starter mindset

Doesn’t the thought of having a productive employee make you happy? If an employee has the drive to work a side job, they most likely have an innovative and proactive mindset.

Employees with side jobs are self-starters. If they didn’t have that mindset, they wouldn’t be able to balance a 40-hour workweek and a 10-hour side job.

  1. Keeping the wolf from the door

Although it is commonly perceived that employees with side jobs have their eye on the exit door, it is not necessarily true. Most employees take up full-time jobs only to ease the burden of payments.

A Career Builder Survey in 2016 confirmed that 71% of employees with a side hustle didn’t plan to make it their career path. 

Having a side hustle doesn’t mean an employee is not satisfied with their regular job or the pay that comes with it.

  1. Happy campers

Employees with side hustles are less likely to ask their employer for a pay raise because they’re already working a side hustle to earn extra. This doesn’t mean that employees don’t deserve a pay raise, it’s merely stating that employees have the choice to choose, and as an employer, you should be content that you wouldn’t have to increase your expenses.

  1. Don’t think the worst

The worst thing an employer could do is think the worst of their employees, especially when it comes to their choices. It is important to ensure that employees remain comfortable in the midst of making decisions like having a side hustle, in order for them to maintain their morale and loyalty with you. 

Plus, it is mostly employees with good work ethics that have a side hustle, and imagine losing that because of your labouring under a misapprehension. 

It is normal to be concerned when your employee has a side hustle, especially because you have organisation goals to meet. As long as it is communicated that the side hustle won’t interfere with the job, all should be well.

Proper communication should be constant to prevent misunderstandings. It is also important to ensure that you support and respect your employee’s decisions.

Just because your employee has a side job doesn’t mean your business will suffer. 

About Sam P

EnterpriseZone Staff Writer

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