Why you should allow your employees to take a side job
The side job – also fondly referred to as the ‘side hustle’ – is growing in popularity, especially among the millennial generation. With rising debt and expensive housing, it makes sense to produce multiple streams of income to help pay off debt, cover the monthly bills and save some extra money. Many employees, however, run into the issue of employment contracts that restrict one’s right to take on additional streams of income while working at their day job.
The truth is, taking on a side job is not only beneficial to the employee, but could bring on a host of benefits to the employer in the form of additional skills gained outside the 9 to 5 grind. As long as the job doesn’t present a conflict of interest, not only should it be allowed but it should be encouraged.
Below, we’ve outlined a few reasons allowing your employees to take on a side job can have a positive impact on your bottom line.
It shows they are strong multi-taskers. There’s something to be said about someone who is able to juggle the part-time demands of a side job with the demands of a full-time job. It forces them to practice efficiency and time management skills – both of which can come in handy on the job.
It helps them build skills outside of your day job. A side job can be anything from a retail position to a freelance writing job. These positions could involve skills that can help your employees perform their day jobs. Skills developed might include writing, interpersonal or problem solving…to name a few.
They’re more likely to be fulfilled. Though it isn’t always the case, side jobs are often taken on to fulfill a much-loved passion or hobby. There’s nothing better than having employees who are happy and fulfilled – whether it’s through full-time employment or outside of it. Allowing your employees to take on projects that make them happy is a good way to cultivate a positive company culture and a loyal workforce.
While it’s important to give your employees freedom, it’s also important as an employer to protect the integrity of your organization. If for any reason you feel that your employees are compromising your firm’s reputation, proper measures should be put in place to rectify the situation. This is where your HR department comes in and develops guidelines pertaining to what is and what isn’t acceptable when it comes to part-time employment outside of the office.
When it comes to creating a positive workplace environment, employees want flexibility. This means flexibility to work in a way that works best for them both inside and outside the office. Thankfully, encouraging side jobs can be beneficial to both parties involved and can be a winning strategy to developing a happy and well-rounded workforce.