Yes of course! Immediately. Many management jobs, if addressed correctly, take only half of your time. You can either start a company, get an easier gig, or an even "lighter" job and at least 1.5x your income. Burnout will vary and depend on the level of responsibility. In my case, having a full time job & a company is too much responsibility that leads to burnout (have had it), it's easier having two jobs instead of half time entrepreneur (with payroll!!).
Been seriously thinking about doing this for months. As a project manager, I spend maybe 15-20 hrs/week doing focused work. Much of this is because I spent a lot of time streamlining processes to the point where most things do not an intervention from me to happen. I sometimes submit reports or reply to emails on evenings and weekends to make it look like I put in long hours. Much of my actual day is spent with my kids and doing household chores, which I suppose does count as a second job.
She said "employers can fire you for dishonesty" ...but they can also fire you for honesty, for financial reasons, because the sky was too blue or they just felt like it
You might lose severance in some cases where you wouldn't in others. Employment contracts for these specialized industries are more favourable for employees compared to unspecialized ones.
True, they can terminate you for basically anything, but dishonesty is justified and it would be a lot easier for them to prove that in court if it came to it.
@@Cyfl0w Exactly. It should work both ways. Sadly employers can be dishonest as much as they want, because if there are workers rights, regular emplyees have no money to pay for layers.
I strive to do the least possible at a job. For most jobs, especially lower wage ones, there is no point working extra hard as you will receive no benefit for doing so.
@l3vyte, this is the most hilarious, sad and true statement I've read in a long time. All at the same time :) Kudos to you for the wit, but sad that this is many people's reality. My philosophy is that everyone should have multiple streams of income and build a wealth machine in a smart way.
What they won't mention is that board members at a ton of these companies sit on the board of multiple companies. Doubled working jobs is frowned upon if you're low. But if you're a C suit it's hard work.
Yup... The biggest hustle in the U.S. is getting everybody to put ALL of their eggs in one basket depending on ONE job... You will have some managers that come here to hate not understanding that they are getting played.
Let's be real here. Employers don't exist to make someone's dreams come true, they exist to make their own dreams come true. If someone can handle working 2 jobs (well) all the power to them.
@@kgal1298: Yeah, I find it amusing how people are saying that working two positions is immoral/dishonest/"stealing time", yet not much is said about people sitting doing nothing or doing things only to look busy (rather than genuinely productive acts)...
Its funny how everyone is ok with their employee having a part time job, a side gig, going to school full time, being a mom or a dad, or serving on boards, or doing all of that at once... but having 2 full time jobs while providing results is where they draw the line.
@@andherium 1. C-Suite executives do this all the time and make millions a year. 2. The average true productive hours is capped out around 2-3 hours in a work day getting everything done. The rest is wasting time. This is why people are sometimes even doing several jobs depending on the nature of the work. Expand your mind please.
Two lessons to be learned here if you're choosing to work in two remote full-time jobs -be skillful enough with your craft -be skillful enough to manage your time juggling around work and family
From the ResumeBuilder survey from which the 37% of remote workers work two full time jobs statistic is taken: "Eighty-four percent of respondents who have two full-time jobs say their second job is their own business, while 69% of people with a second part-time job are running their own company." So 8 in 10 of those 37% aren't playing two companies against each other the way it sounds. Nor is one of the jobs a 'secret'. I feel like Bloomberg should have made this clear, because on the face of it, it sounds in the video like the 37% of people are being duplicitous. But the vast majority are not.
Thanks for the clarification. That seems much more doable, with this definition I realize that I've also participated in this trend. The way it was being presented, I wouldnt have realized that working 40+ in one job and also running my business counted.
@@flamaest um says who? Independent contractors don't get W-2s and that's a real job. And it doesn't seem like Bloomberg really nitpicked it. When you ask someone in a survey how you phrase the question matters alot. Maybe the respondents do have an ebay hustle they make enough money from and spend enough time doing to consider it a full time job. Don't invent qualifications that aren't there.
I like this. Instead of quitting your job, play the system and get the most out of your employer's. If they can exploit employees then employees should be able to find their own way to play the system.
Instead of quitting your job do 2 jobs, 2x the work and burn out faster. Personally I find one full time job incredibly stressful and difficult, having a second remote job would make me insane. That and the practical aspect of having to finely overlay meetings and other engagements. It's not exactly as easy as this video suggests. I work as a developer and often that requires my 100% focus on one particular task, I can only effectively work about 4 hours a day (maximum focus), without burning out. I don't feel it's honest to split your time and work ineffectively for two separate jobs. It's not right.
@Flame it’s not that simple and it depends on each instance but basically many cases involves micro managers realizing they have nothing to do and need to feel important by having workers physically near them for their own job security Other cases involving butthurt executives spending millions on a building they actually don’t need but can’t find any other use for it Other times it involves oil corporations pressuring other companies to make their workers commute to work instead of saving money from paying for gas
Uhm… because they don’t trust their employees aren’t doing childcare, a second job, or just lazy? It seems many people don’t have the character or self discipline to work remote.
True but full time jobs with companies (in the US) at least give benefits like 401K matching contributions, health insurance, and other benefits on top of the salary (at least most IT companies do, which is what the main type of dual-job workers work for). The salary a freelance worker would need to get an equivalent standard as those benefits would need to be pretty high, meaning that person has to be very skilled in the profession, while a person working two full time jobs can just be "average".
Omg, yes. I was in a zoom meeting with co workers and one of them forgot to mute her mic and answered a call from another company. Everyone went silent and laughed lol.
@@unfortunatelyiamsane LOL, she answered the call like.... "thank you for calling... company's name, this is her name,... how can I help you?"........ silence!
I did this in 2015, 1 office job and 1 remote. I put $10k away for my kids' college (grew and am still using that account), we went on vacation, had birthday parties, and I once accidentally double paid the mortgage, which took 5 months off the life of the loan.
@@flakgun153 Given average wages haven't kept up with productivity since the 70s, exploitation is the norm. If you're producing twice the output at the same pay, frankly, if getting two jobs allows that output to result in fair pay for one, the employer is hardly the one being exploited there.
The smartest thing I heard in this video about managing two jobs was taking junior roles. Management roles regardless of the pay always take more time and stress than the day alots. Rarely worth it for rank and file employees to take mid-level management jobs for incremental pay over those your managing. This would really skew employment data would it not? Clearly seems to benefit educated knowledge workers, particularly software/IT workers
I think that really depends, too. Middle management jobs are a lot of meetings and checking up on our employees. That can be accomplished with Slack messages and picking/choosing the meetings you go to. Less cognitive load when you aren't expected to produce anything, just report on it.
Back in 2016, I intentionally downgraded my job title when I joined a new company just so that I can do the normal 9-5, get out and do remote (passion jobs) 2-3 hours in the evening and 1 day over the weekend, and overall had a lot happier lifestyle and pay then our CTO.
I am a software developer and can work two jobs at once, but not at the same time. It would be stupidly difficult and would be hard to excel either of the two workplaces. However, I can imagine for call center workers or ticket handlers this can definitely help them out.
I know programmers who are doing this. Writing code for 2 different companies. As long as your meetings don't overlap and your job requirements are getting your software packages submitted by deadlines, it goes fairly smoothly.
In summary : 1. have mulplie jobs, be average at all of them, automate where possible. 2.don't over work or do work u don't have to. 3. don't stand out 4.dont allow your identity to be focused around your job 😊
I worked a second job, only part-time, and got so burned out that I didn't do anything outside of work. The pay was great but I now value having less stress and more time off of work.
If you are completing the work for both jobs effectively then you should not be punished for it in any way. How you spend your time and use the hours in a day should be your own business. Don’t punish workers for being efficient and effective enough to perform well at TWO jobs - they should of course get two salaries. And if they’re not performing well, then the problem solves itself so….
Untrue. I will get a massage chair and sit in it 24/7. Maybe people with a family can't take it, but most males don't take care of their children anyways. idk.
I have 4 contracts as a Freelance Management consultant for IT companies, working from home. it is hard. but you know what? I will not do this forever, and by the time I have my morning coffee at 9am I already made somebody's monthly salary. in 3 years I will have enough to retire. I'm 40.
I work my "full-time" job 2-3 hrs a day, my side business, and a part time gig. I could probably handle a second full time job now that you mentioned it..
@@yennefer559 ehh, companies are usually slow to notice this type of stuff and there's less of an incentive to actually fire someone for doing this unless it's tangibly affecting the company's profit. Passive income ideas already exist this isn't a new one.
Yep, can confirm. Recently got a new job and the contract prohibited being employed elsewhere simultaneously. But I don't think they added the clause after watching this video
@@avarice4556 well in the age of max "productivity" hacks, using spyware on employee's devices to track how often their eyes are engaged with their screen and what tabs they open, you think they won't dis-allow this? lol. passive income or a second job in your down-time is very different from actively working multiple full-time jobs at once remotely often in overlapping hours by switching tabs and attention.
I think there’s some missing info here. Like, there’s no way, even as a software engineer, to be working for like, Google and Amazon at the same time. The meeting conflicts would hit you eventually. I think it’s much more likely that the second job is like, someone starting their own company, or working for a company that lets them do the majority of their work in the off hours. Unless you have virtually no meetings (devs have a lot of meetings) there’s no way.
I know a guy who used to work at CISCO and another company. he said he would have two laptops with two earplugs and whenever he had a meeting that overlaped he would have his camera off but pay attention to both meetings with one earplug on each ear
@@NicollasVerneck i did this before and had a moment when I was called in both meetings. It was a stressful moment for sure. I had to fake some technical issues
I know someone who had 2 dev jobs and he said you have to "direct" the schedule so meetings don't overlap. Meaning, say you like earlier standups so one job "picks" an earlier standup time than the other. Do that for all reoccurring meetings.
I am a software developer, and i have worked 2 full time jobs for 2 different companies for 9 months. It ain't easy, but totally doable. I now quit both of my previous roles and took another offer, back to normal work-life balance.
Realistically, how many hours do people actually spend working when they are at the office between meetings, chatting with coworkers, going for coffee runs and stuff? I would guess it's about 2-3 hours at the most.
Not profits, not for many of them. Valuation for almost every company soared. Because the stock market became over inflated. It's going to crash back down. Or inflation will bring it back to relative standards. Brezos and the Walton's net worth soared because they have alot of stocks.
Believe me, I would not feel guilty by working 2 wfh jobs. I have been juggling two jobs since college days. My advice is learn how to separate the knowledge of the jobs and balance the hours.
I have done software development on the side even before the pandemic from time to time (part time consulting or charging per project). The thing that the pandemic changed is that there are a lot more remote opportunities now.
I want to start doing that, freelance software development. Do you have any tips on getting started, and how has it been so far (before vs after the pandemic?) What's the difference between building software vs consulting?
@@murk959 consulting means you do whatever the end client requires from you it usually tasks of development here and there, fixing bugs and so on, the consulting company can also move you from one customer to another one as they want depending on their interest, most of the time you don’t event reach the end of the project of a customer. Software développent you work on a software from scratch or on an ongoing software project in a main company full time no switch of company and It’s possible that you see the software at the end .
Yep I think all of us who work from can get the job done half the time or less. We’re more comfortable at home and more refreshed from not having to be in traffic. Also doing the same job everyday you’ll naturally getting faster
That's not true since Not every Job requires that much work - In USA, Many People working on these VISAs are doing multiple Jobs(3 Jobs, 4 Jobs, 5 Jobs, 6 Jobs, 7 Jobs) which are unreported, millions of dollars have been siphoned off, transferred offshore, evaded Taxes.They interview for Multiple Jobs, they try to outsource the project work to offshore, Offshore does all the work and Money is exchanged in terms of percentages - 70%-30%, 60%-40%, 50%-50%.IT Staffing companies(smaller ones) operating in Dallas/Virginia/NorthCarolina Region and some in Offshore are encouraging and driving this Scam in a very bigger way - millions of dollars. While Hard Workers are Penalized But the Fraudsters are rewarded in a Big way " .
A lot of remote work just showed us how much random stuff we do at work. A lot of the 8 hour day is just being ready to do something than actually do something. Why not use the time to do something else?
The 8 hour work day is more for labor jobs- they took what Henry ford did and applied it to the office lol it’s rare to be busy for 8 hours in an office setting
Very much expected with the inflation and pretty much all the disasters happening in the lives of an ordinary American. At this point now, my main concern as someone who recently became jobless is what is the way forward? How do we maybe survive or make some money to at least sustain ourselves during these trying times.
Simple solution: Live below your means, Use a reasonable amount of your money for something as lucrative as foreign exchange but of course be well informed about where you want to put your money. Made my first million this way earlier this year with about 450k after I dissolved my 401k and added little cash (through the help of a pro though) The system can rot for all I care.
@@thehunter9853 Sir? It's funny cos I'm a lady or doesn't it suit the "narrative"? It takes quite some level of patience and "Nancy Lynn Lewis" is the "knight", she was in the news alot in 2018. You can check her out online for more.
@@lelaoliver521 Wow I know this little lady,, Once attended a seminar she was also in attendance here in Texas,, She speaks convincingly,, and you didn't need to bring gender into it.
Nothing wrong with having two or more jobs. Just structure your time correctly and your employer doesn't need to know also as far you show up on your time with them . If an employer is asking if you have another job, it's usually a red flag not to work with them from the cases I have seen. As an employer, you should be more concerned with getting the best results than if your employee has another job. I don't know why this is even a big deal, it has been happening and will continue to happen as far as people want a better living condition.
Its as if these managers, ceo's, etc have all been going to meetings that are teaching them how to "captivate" their workers. How to MAKE them stay with you. Instead of making the atmosphere and things at the company something people want to stay at, this is their way of having loyalty by FORCING you to do it. Smh. Its like some jobs, factory jobs esp, that work you many, many hours so that you are too tired to do interviews nor work at any other job on the side or to replace it. Smh. Some psycho stuff these people are being taught.
I recently left a second PT job while working FT. My manager at the FT role didn't know that I had the second job for the majority of the time I had it. It didn't become an issue until later when I was having issues juggling pet care. The other role was not in competition with my main job and didn't conflict time wise. As long as you're not violating a contract such as a non-compete, you're getting your work done, and the other job doesn't interfere, having another job shouldn't matter.
I work 2 part-time jobs. One from home, one I go into the office for and I love it. I don't think I could ever work two full-time jobs but if someone can do that effectively and meet all the deadlines etc, then I don't see what's wrong with it at all. Like others said in the comments, if companies can exploit employees, then there is nothing wrong with employees tricking the system. At least they are doing it for a MUCH nobler cause.
Half the whole stress of the rat race is commuting to work, public transport, traffic that is the rat race, working from the comfort of your home, getting rest throughout the day and getting paid more is escaping the rat race
Work is not the problem. A stressful slough that doesn't pay well is the problem. What your metaphor refers to more accurately describes working a regular job, and putting in the maximum effort into that one job.
Seems to me like this story is being hyped up for the purpose of justifying more employee surveillance or to argue against remote working. At the end of the day, if you as a worker happen to have in-demand skills and governments and corporations haven't invested in education and upskilling the population to meet industry's demands, then why shouldn't the individual benefit? It just shows the failures in the system rather than the dishonesty of the worker.
A coworker asked me “why are you working only one job?” I was concerned about future of my employment after contract-I started working my 2nd job , and it’s all very structured to work out
May I ask what job you are doing and what advice would you give a 20 year old on relay retirement in IT I’m studying Cs with interst in AI automation web dev etc Thanks a lot
I work 2 part time jobs remotely. The employers don't care because they aren't paying you any benefits(401k/health insurance). As long as you are productive..working multiple part time jobs is LESS stressful.
@@aaronadeniran6025 So I could, in all seriousness, have two PAYE jobs without either employer finding out assuming I deliver the work, am available for all meetings ect...
@@aaronadeniran6025 Thanks - I'm a software dev with about 15 years experience so I think I might be ideal to follow this kind of plan too. Will look into it.
It's not a crime. Inflation is sky high everywhere. Salaries and wages are not meeting the expenses of a family. Hence people will definitely look for multiple streams of income. The govts and corporates must understand this. 😎😤😤😎
If the corporate could understand, they would have already doubled the salary. You are right about salaries not being adjusted according to inflation anymore, but I think this is also about plain old human greed and I dont think anyone will accept they are doing it because of gree even if they were.
@@rylaczero3740 I disagree because greed is mostly associated with the rich, wealthy and wallstreet guys. The middle class and the poor have modest aims and goals in life and will be focused on how to manage their day to day expenses. They are less likely to enough savings which will not be enough to manage a sudden and unexpected expense in the future. Hence they search for multiple streams of income 😎😎😎
Lol I work fulltime from home, but started a business on the side. This move for me is a way to transition into another phase of my life. I just can't see myself working in Corporate for more than 3-5 years. I just want to learn the corporate processes and experience/insight on developing a product. Then take that knowledge and apply it to myself, why make someone's dream come true when I have dreams of my own.
@@StarContract that’s eventually what I ended up doing. We had a “performance evaluation meeting” in which he pointed out the issues he had with it and later that day , I resigned.
@@CherryJ2911 haha I know right! It’s okay though because now I’m set to make double what I was making at that previous job. It was a win-win situation for the both of us XD.
I sort of belong to this category. I took a leave of absence to get a economics degree. About a year and a half ago my employer calls me and asks if I can come back to work full time. I was still studying so I asked him how we should handle that and work. He’s answer was “we will handle it”. So I’ve been balancing work and full time studying with full salary since October 2020. No problem at all and a very understanding boss when I need to take a day of for a exam. This is also combined with the working/studying from home movement that went on globally.
@@Hexa1123 Not only that, but some employers pay for your degree / offer tuition reimbursement. Again, this isn't what the video is talking about/implying.
@@Hexa1123: I wouldn't think that a lot of students work full time and also separately study full time (i.e. the studying doesn't count as work time for the job, nor does the work count as a placement for the degree/study)? Or maybe I've been living under a rock... 🤔
It’s pretty ridiculous that someone should have to hide having a second job. These companies don’t own them. If they can get their work done in 20hrs instead of 40hrs then so be it. These companies don’t own them
No matter how well I do my job, my workplace will not offer me a raise in ten years, and I will be penalized for doing my job faster and overall better. Companies are caught up in this 8-hour work schedule, so it's no surprise that people are trying to find alternative ways to make money with the time they have.
Many of the people in my field, software development, leave places that try to over control them. Companies that care more about butts in seats then problems solved are going to attract people that sit aimlessly thru meeting and never finish anything, constantly creating tech debt or keys to the work that only they can solve.
For about 8 years I worked a full time job(40 hours a week) plus I ran my own business that kept me very busy. I would do the jobs simultaneously, answering emails, doing a little bit of editing when I could squeeze it in.
I work two full time jobs, both blended in person and remote. I'm overworked. I don't recommend it. If I didn't live in NYC and need to keep up with cost of living here I'd never do it.
My employer gets a say about my 'off hours' when they explicitly pay me for those off hours. If they call it 'off hours' then they admit they have no rights to mention them.
This is not new since freelance (remote) work has been available for some years now. I started remote work around 2017 and at the time, there were already an abundance of job opportunities and those that can work for more than 1 job are not shamed since working more allows them to earn more. I think as long as you are not violating any company policies.
What are you trying to accomplish with this title Bloomberg? I am a remote worker and I am not working 2 full-time jobs... I use the extra 3 hours I don't spend in the traffic to improve my skills for my current job or simply to work on myself, the productivity increased after going remote. Don't try to mess this up for us.
The way I see it is if you can perform as well as everyone else you work with then it’s fine. You yourself are a business just as the job you are working for is too. The biggest mistake I made in my career was staying the same company for 10 years. Trust me lesson learned.
Nothing new. I've been working two remote job since June 2019. The key is don't be greedy and if you can't give the best for both companies, just drop one.
9:30 - Overemployment will not fly at FAANG style companies. Most of them have "up or out" policies. If they don't see you eventually becoming senior, you get kicked out pretty fast.
It is when there is a huge demand for Labour, I’ve gotten fired so many times this years but cause I’ve had like 6/7 jobs to fall back on I didn’t care, the training times like 11 weeks so I just chill there with the camera off and 🤷🏽♂️
Plus non-compete clauses and conflict of interest declarations. Not to mention using software/knowledge from Company A at Company B can be a big no-no with HR, Legal, or even the SEC, at public companies. I think these folks are playing with fire, and are just banking on chaos & goodwill to not get caught.
@@mandisaw it’s so funny when workers do things like this it’s such a big deal but there’s minsters and politicians having 2 jobs.. even big senior brasses may be a consultant somewhere else, why is it okay for them and not the normal working class man?
Well, this sucks, I've been trying to get a remote job & can't even get an interview. Now, I find out that a growing number of people are getting more than 1 remote jobs.
I did this for 1.5 years … somewhat easy… until I got caught because of an LinkedIn post praising me from the company I was a full time employee at and prioritized. Biggest issues is overlapping meetings.
It's so simple you don't have to cheat the employer to work two remote jobs. Say you work 8 -5pm. You start your assignments at 5 am and end your day at 7pm. Plus no distractions it is easy. Not every job requires contributions like accounting or coding that task based.
5:24 "...pretty stressed managing enough uncertainty." Ya know what kind of uncertainty causes a lot of stress? Financial uncertainty! Like, say, I don't know, the uncertainty of a global 2008 financial recession. Or: * the uncertainty of now knowing if you'll be evicted from your house. * the uncertainty of wondering whether your significant other will leave/divorce/breakup with you due to you losing a steady stream of income * the uncertainty of fearing how you'll be able to pay for food to keep yourself (and your family) alive * the uncertainty of whether you'll be able to sleep due to the ubiquitous and constant pressure we all feel each day trying to keep our heads afloat in a society that worships the US Dollar You know, that kind of uncertainty. So I think if you can creatively figure out how to game a system that's stacked against you in a way that will eliminate or reduce that uncertainty, you should 100% do it.
I'm a freelancer in video production and I've been doing this for years. It's not frowned upon, and is pretty common in what I do. But, when I have a heavy workload on 2-3 different jobs life outside of work is awful because of how much mental energy it takes just to coordinate work/correspondence/calls/etc. I've switched to having one main job that provides w2 income+health insurance, and then taking smaller side jobs. Allows me to take on extra work when I want it, and when I want some extra money. But, I'm not forced to work 12 hour days to survive anymore.
9:33, actually software engineering doesn't work that way, you don't become a Senior Software Engineer by being at a company for a long period of time, you become a Senior Software Engineer when you improve your programming and problem solving skills as a developer. So it is possible to have two Senior Software Engineering jobs, it really mostly depends on your skill level
In my experience, you need a partner to take care of daily life, like cleaning, laundry, meals, etc. With a partner like that I've worked two mostly fulltime jobs and a part time job all at once
I am married with two kids. First job from 10.00-19.00 and second from 16.00-24.00 ( since it is remote I get to have time with family home ) weekends spent outside Makes sense ?
@@SirGarthur you can do it for a bit i don't know anyone who does this year and year out , its a short term gig pretty much . i had 2 and i was a single dad working remotely and this was well before it became a trend .it works best when you are in your 20s even if you are a parent . the mental burden of someone in his 20s is completely different than that of someone well in his 30s. its a nature of life that new problems are introduced in your life by the time you are 30 and you might not be in the same mental state to commit to 2 jobs.
I love how "lower-class" people have been working multiple jobs that amount to two full time jobs (or more) for decades and it doesn't make headlines, but as soon as it starts to become a thing for white-collar workers then it's news.
ACTUALLY skills developed across both jobs tend to benefit both jobs. The best practices from each organization are used and benefit both organizations.
What people don't get is Software Engineer's provide value of 9 hours just by working 4 hours. Employers should pleased as long as the work is being done. Tech people are far too efficient for their brains to process.
It shouldn’t be an issue if they are not falling behind with either job… Plenty of minimum wage workers do multiple jobs, sounds like the issue is with people making money. Plenty of people work full time while studying full time as well. How is that any different?
Here is a question that needs to be asked. Why do people feel like they need to have 2+ jobs? Sadly, I think most work places will come back with some BS excuse saying they have too much time on their hands. In reality, a lot of it heavily goes into money. For anyone looking into doing this. I will be blunt in saying this can't last long at all. YOU WILL deal with extreme burnout and there will be some conflict at some point. So you will need to keep in the back of that mind what to do when that comes.
It’s very helpful and if don’t right I can be done long term. I’ve been working two jobs for two years now. I was able to pay debt off and I just purchased a home. Something that would have taken others multiple years took it a year and a half just to do.
This kind of blew my mind, because the only remote job I've ever had was so micromanaged and gave us so little downtime that it would literally have been easier for me to conduct a second job from the physical workplace I went to after that.
