This Week's Herman Trend Alert

Climate Migration has Begun
 

  The Herman Trend Alert

September 22, 2021

Leading a Double Worklife for Fun and Profit

Some of us have a problem; we are easily bored. Others are challenged by low wages and need more money to live on. A growing percentage of remote workers are holding two full-time remote jobs. I am not advocating that people lie; I would never do that and never encourage anyone else to lie either. However, if there is a way to do justice to both employers, why not? To research this topic, I interviewed Isaac Price, the founder of Overemployed.com, the website for folks who are "two-timing," though Isaac prefers the term "overemployed." (And I agree that the term "two-timing" does have a negative connotation in another context.)

"Overemployed" Defined
This new iteration of work takes the concept of a side hustle to a whole new level. Workers who are overemployed are holding two full-time jobs, collecting two full-time salaries, and ostensibly, satisfying two employers.

How It All Started for Isaac
As luck would have it, Isaac's journey to overemployment began with a speed bump in his career. First, he was passed over for a promotion he thought was a slam dunk. Then he saw half of his team get promoted. After that, the company began laying people off. Isaac started looking for other employment, having assumed that he would be next. However, that didn't happen. What did happen was that he received of an offer from a tech company close by, he supposed he would quit the job he was expecting to lose. Then he wondered, "What if he didn't quit the other job?" Five months after starting his second job, Isaac launched his website early this spring. His goal was to alert other workers to the possibility of "diversifying their sources of income and benefits."

The Benefits of this Workstyle over being a Free Agent
Much better than being an independent contractor, being overemployed comes with extra benefits. These fortunate folks do not need to keep looking for new clients, they do avoid the middlemen or contracting agencies that often take substantial cut of their pay. Overemployed folks also collect double short-term and long-term disability, have twice the life insurances, have wider choices in health plans, and enjoy other employee perks like cellphone reimbursement, and more.

How They Do It
Leading a double work life requires the ability to spin two calendars, two laptops, and two sets of, sometimes endless, meetings. Sometimes, they are logged into two meetings at the same time. They manage special projects by using their time off---sometimes unlimited. They live their lives constantly trying to balance their work priorities. According to an article in the Wall Street Journal, many do not work 40 hours altogether. (I prefer to believe that these workers are more responsible.)

Yes, It Could Be Perfectly Legal
Unless the overemployed workers make the mistake of working for two employers in the same industry, they should be able to avoid non-competes, conflict of interests, and other boilerplate legal languages that's forced on most at-will employees. Some progressive employers, like Tesla, have policies that explicitly state you may have outside employment.

Categories of Jobs that are Easiest to Apply this Workstyle
Not surprisingly, the easiest jobs to juggle include technology, software, and other knowledge worker positions. In addition, workers in academia, finance, accounting, and additional titles that are not meeting- or client-heavy, but rather focus on the individual's expertise and/or focus on results.

Read an extensive article about this new double workstyle in the Wall Street Journal. To read lots of articles for and about this alternative workstyle, visit Overemployed.com.

Next Week's Herman Trend Alert: Trends in Recruiting and Careers
With 7 million jobseekers in the US alone and 11 million open positions, there is a lot going on in the areas of recruiting and careers. For this Alert, we look at the forecasts of Career Coach Marie Zimenoff of Career Thought Leaders and focus on the highlights from their 2021 Career Industry Trends White Paper.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 1.336.210.3548 or https://hermangroup.com. To sign up, visit https://HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

BE RECOGNIZED AS AN EMPLOYER OF CHOICE® AWARD WINNER IN 2021
Could you use an advantage in competing for top talent? Winning the Employer of Choice® Award could be your competitive edge in this very tight labor market. Celebrate your employee-centered corporate culture! This coveted award is well worth the effort, yet is not easy to achieve. Download the extensive application at EmployerofChoice.com; or for a Word® version, drop a note to Joyce@EmployerOfChoice.com or call Joyce at 1.336.210.3548.

SAVE THE DATE: #BEMORE WITH INGOMU PODCAST: OCTOBER 20TH AT 4 PM ET
Join our own Joyce Gioia and her podcast partner Al Wynant, cofounder of the new coaching app Ingomu for our regular podcast on October 20th at 4 pm ET to celebrate The Day of the Dead. Our guests will be an Ingomu Coach and a specialist in grief. You can watch this podcast live here. And to subscribe to the #bemore with Ingomu podcast, sign up for the Ingomu Newsletter. When you subscribe to the newsletter, you will receive the #bemore with Ingomu Podcast via email. For more information about signing up your employees, visit Ingomu.com.

HELP THE MEDIA FIND YOU
Our author Joyce is often quoted in TIME and Industry Week Magazines last year and recently in College Recruiter. Sign up for ExpertClick.com. You will be found by the news media and in Google search: 1. Through your personal search-engine-optimized press room by 39 topics you choose; 2. By news releases pushed out 10 ways including Google News; 3. Be found in the 2021 printed Yearbook of Experts, Authorities & Spokespersons. Until October 31st, get a free 10-Day Pass and send news releases free at http://www.NewsTip.com/Refer/Guest_of_Joyce.

To read this Herman Trend Alert on the web: https://hermangroup.com/alert/archive_10-13-2021.html.


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are always welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 90 countries, including other websites and printed periodicals. Click here to sign up for the Herman Trend Alert.

Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home About Products Resources Media ]

 

7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3548
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com


  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.