Interest In Side Gigs Escalates, Survey Finds

Recent survey shows that a large percentage of workers, 85%, work more than one job. Is that true for you?

[COURTESY OF STAFFINGINDUSTRY.COM]

INTEREST IN SIDE GIGS ESCALATES, SURVEY FINDS

A large percentage of workers, 85%, hold at least one side gig or secondary source of employment in addition to their primary job, according to a study commissioned by Spherion Staffing. Of that group, more than half, 54%, hold two or more side gigs, extending their skills across multiple roles and fields of work.

Interest In Side Gigs Escalates, Survey Finds

Among workers holding at least one side gig, a desire to supplement their current income and to make money to save for future interests and responsibilities were the most frequently cited reasons for doing so, at 42% and 37% respectively. In particular, 57% of female workers deemed income growth the main inspiration for their side-gig activity, far surpassing the 31% of male workers who said the same.

“The escalating interest in side gigs across the American workforce does not necessarily reflect that workers are unhappy with their job, but rather a desire to pursue new and exciting growth opportunities — be they financial or personal,” said Sandy Mazur, Spherion division president. “Given this growth, side gig flexibility must be taken into account as companies refine their recruitment and retention plans. Employers and employees must find a middle ground that gives workers freedom to explore supplemental opportunities without inhibiting productivity or performance.”

Additional findings from the survey include:

  • Nearly half of workers surveyed, 47%, said that changing societal norms have set the expectation that at least one side gig is necessary.
  • Among workers holding at least one side gig, 18% said they are doing so because it is considered standard in the modern workforce.
  • 25% of workers who have never before held a side gig say they are “extremely” or “very” likely to pick one up in the next year, with millennial workers leading the charge at 43%.
  • 65% of those who have never held a side gig said they have at least given it some thought.

The Spherion survey was conducted online in April 2017 with global market research organization Research Now.

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