July 9, 2023 | Eul Basa

Some White Collar Employees Are Working Two Full-Time Jobs At Once


Nowadays, it's not uncommon for workers to take up side gigs for additional income. Given the current state of the economy, it may even be a necessary evil in some cases. Most people opt for something they can do in their free time; perhaps a part-time position in the evenings or a freelance project they can pick up every now and then. But some people take it to a whole other level.

In a piece by the Wall Street Journal, it was revealed that a number of white-collar employees are working two full-time jobs remotely, and the crazy part is, no one knows about it. These workers essentially carry out both jobs at the same time, with one job overlapping the other. One software engineer told WSJ that he works full-time for both a media company and an events company since he is able to complete all of his work for the former in just 10 hours per week.

"The rest of it is just attending meetings and pretending to look busy," he explained.

This means he is bringing in two full incomes within a standard 40-hour workweek. According to verified salary claims, some workers are making as much as $200,000 to $600,000 between their two jobs, with the majority of them employed in the technology, banking, and insurance sectors.

White CollarShutterstock

While it doesn't seem that what they are doing is illegal, it's almost a given that their employers would be displeased if they ever found out that their employee was splitting company time with another job. It's unclear whether termination is a possible consequence, but it wouldn't be surprising if it is. When an employee signs on to a full-time job, he or she agrees to dedicate all time and attention to that job while on the clock.

That said, many dual jobholders don't believe they are doing anything wrong. As the ongoing pandemic continues to affect businesses everywhere, the fear of being laid off is constantly on their minds. Having two jobs gives them an extra sense of security, even if the arrangement is not that secure in reality.

"When white-collar remote workers are performing two supposedly full-time jobs at the same time, apparently well enough to not get fired from either, and are putting in less than 40 hours per week doing it, they’re revealing an enormously flawed system," says civil litigator Jonathan Wolf. "It seems a lot more productive to figure out why the crappy full-time employment system we have allows for this than to cast blame on the folks who took up residence in the system’s cracks."


READ MORE

Aithumb

AI Is Being Used Way More Than You Think

Everyone's talking about AI—but there are a million ways AI is being used right now that people don't even realize. And this is only the beginning...
April 3, 2024 Jamie Hayes
Portrait Of Mature Couple Carrying Boxes On Moving Day In Front Of Dream Home

The Best Way To Sell Your Stuff When Downsizing

Getting rid of an entire home worth of stuff can seem like an insurmountable task. Here's how to take it on AND get your money's worth.
March 28, 2024 Samantha Henman
30Thumb

30 People Who Only Got Successful After 30

The best time to start was yesterday. The second best time is right now. These mega-successful people eventually reached their tipping point—it just took a little longer than usual.
March 27, 2024 Jamie Hayes
Happy multicultural office young employees with old mentor leader coach laughing working together gather in boardroom, diverse corporate business team having fun engaged in teamwork at group meeting

Changing Your Career Late In Life—It’s Never Too Late

Whether they’ve been laid off or are simply unhappy in their jobs, they might wonder if they really want to stay on the path they’ve laid out for themselves—or if it’s possible to make a change after 30, 40, or 50.
April 25, 2024 Sammy Tran
Mcdthumb

McDonald's Has Used 45 Slogans, How Many Can You Remember?

I bet you can name a McDonald's slogan off the top of your head. Maybe you can get 3-4. If you can get all 45, I'll be VERY impressed.
April 2, 2024 Jamie Hayes

The Top Financial Scams of 2023

Uncover the top financial scams of 2023. From fake checks and fake jobs, to government imposters and fake loan forgiveness, find out how much consumers lost in financial scams in 2023, and the most common methods the fraudsters preferred.
May 16, 2024 Allison Robertson



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team