The Second Job Syndrome

Many employees are still reeling from being unemployed for a time or from losses they incurred when the market first tanked in 2008.  Debt snowballs fast and with looming debts, many employees are looking to apply for a second job to make ends meet or to pay debt payments from the past.

Here are a few guidelines to follow when thinking about getting a second job:

1.  First and foremost, talk to your current employer.  Is there any opportunity for overtime, weekend or night work or extra projects that need completed?  If you can earn extra money while staying in your current job – that is the best way to go to avoid scheduling issues and other problems that may arise when trying to juggle two different jobs.

2.  If that’s not an option, and you’re going to look outside for additional work, make sure that a second job won’t conflict with the job you already have. Many companies have conflict-of-interest or non-compete policies about employees—even part-timers or freelancers—working for others within the same industry. You also need to make sure that taking on additional work won’t hurt your performance at your current employer.

3.  On your search, you may find the most luck with smaller companies, especially those that advertise jobs with phrases like “self starter” or “freelance.” Such jobs typically mean you will have the opportunity to explore and develop a variety of skills. Also tap friends and family members or your college alumni network to learn about openings.

4.  Ideally, you want a second job that will complement what you already are doing—if you’re working in your chosen field. If you work part time as a teacher, for instance, try working at a nighttime or weekend tutoring program.  Or if you work in a medical lab, try finding work as a medical transcriber to expand your skill set within your profession.

For more information, visit:  http://online.wsj.com/article/SB10001424127887324445904578285953213846608.html?mod=WSJ_article_RecentColumns_StartingOut

Comments

comments