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

If You'd Bought These Stocks, You'd Be Rich Now

Nothing in the stock market is guaranteed. It's a gamble—and even the people that know the most and understand it the best often lose lots of money. But there is also the opportunity to make lots of money if you make the right choices/guesses/get lucky. Like if you'd bought any of the following stocks...
December 11, 2024 Jesse Singer

Simple Things You Can Do To Increase The Value Of Your Home

If you are selling your house, or thinking about selling your house—these are some of the simple (and often for very inexpensive) things you can do to increase the value of your home and help get the highest offers and the most money you can out of it.
December 11, 2024 Jesse Singer

40 Ways To Lower Your Living Expenses In 2025

We've all been feeling the pinch of inflation in 2024—everything has increased, from gasoline to clothing, food, and much more. Looking ahead into 2025, many of you may want to decrease your living expenses without necessarily having to take drastic financial measures or make massive lifestyle changes. Here are 40 ways to lower your living expenses next year.
December 11, 2024 Jack Hawkins

Finance Guru Dave Ramsey's Best Money Advice

Podcaster and financial guru Dave Ramsey went from a millionaire—to broke in his twenties—and then re-gained his financial status in his thirties. Find out how he did it and how it could work for you by adopting some of Dave's best financial advice.
December 11, 2024 Jack Hawkins

25 Smart Ways To Save Money While Travelling

Exploring national or international places won’t cost a fortune with smart strategies. Prior research, creative planning, and soft skills can save a lot more than most people might think!
December 11, 2024 Jane O'Shea

Hacks To Save Money On Groceries Without Sacrificing Quality

Grocery shopping shouldn’t always be expensive. Actions like smart shopping, meal planning, and substitution hacks can change those grocery trips from budget busters into money-saving victories.
December 10, 2024 Jane O'Shea



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