- A full-time customer service manager for a software company took a second job as a sales representative
- He still works 40 hours a week, but expects to earn an additional $40,000 this year. dollars
- This money will be used to pay off credit card debt, wife’s college tuition and retirement savings
- More information can be found on the main page of Onet.pl
Fayette Woods says she needs two jobs to achieve her financial goals, including: paying his wife’s college tuition, saving for retirement at 60, coping with bills at a time when inflation has been high for forty years.
Woods practices both professions at the same hours, and neither employer knows the other.
– In today’s economic climate, you can’t live on just one income – he comments. To protect privacy, he asks that his name and employers remain anonymous, although the identity of the caller is known to Insider’s editorial staff.
Woods, who is a full-time director at a software company, also sells furniture for a chain store. The fact that he was not caught by one of the bosses was due to the remote working formula made possible by the pandemic.
Working around 40 hours a week and receiving a 60-hour salary, Woods expects his salary to increase by 40,000 this year. dollars. According to the payslips he published in Insider’s editorial office, Woods is on track to earn over PLN 160,000 at a software development company. dollars, including commission.
Since starting work at both locations in November last year, he has paid off all of his credit card debt and now plans to start his own business with additional earned capital.
More and more Americans are realizing that they have to follow a Woods-like path because the cost of living is skyrocketing. In addition to record inflation over the past year, prices for housing, education and health care have been rising for decades. And although the Great Resignation has forced companies to raise wages, after decades of stagnant wages, it’s like a drop in the ocean. To cope with the difficult situation, some white collar workers secretly maintain two remote jobs, many of which earn from $200,000. up to 600 thousand dollars a year, reports the Wall Street Journal.
– Working in two places seems like a lot of work. The first month is tough because you have to find a balance, but once you hit that stage, you get into a routine, he said.
The rest of the article can be found under the video
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The art of choosing a second job
Woods realized that working for a software company didn’t fill his 40-hour work week, and that he might as well spend his time earning extra money elsewhere.
I am 26 years old, I have not done higher education, so I find two positions with a minimum of 150,000,000 jobs. annually is impossible. I wanted to earn more so I could invest and start saving for the future
– added. Woods says there are two factors to consider when choosing a second job. First, make sure that the tasks required for each location do not overlap. It is also important that the second job is not a heavy load and does not lead to burnout.
He had learned those lessons the hard way when he first took on a second job. In November last year, he got a part-time job with an analytics company. His duties included making telemarketing calls at times that conflicted with his second job.
– I realized that the main motivation should not be only money. I also wanted to be happy – he stressed. Therefore, in her current job mix, where she doesn’t have to answer after-hours calls, she values a work-life balance.
He also revealed that his system appeared to be the best way to deal with rising costs, including record US rents.
Extra money from an analytics firm helped Woods pay off his credit card debt — more than $7,000, according to Insider data. Before his second job, he claims, he could only pay monthly interest. Thanks to the extra income, he was finally able to meet the main debt.
The second job also means that he and his wife can afford a 4-room apartment with a rent of 2000 dollars. Moreover, having savings makes their life easier and more comfortable, especially since they have children.
Free yourself from overwork
Working two jobs took some adjusting, but I finally found my groove, says Woods
From 7:00 a.m. to 10:00 a.m., he works in a software development company. From 10:00 a.m. to 2:00 p.m., he combines software and telephone responsibilities for a furniture store. Then from 2 p.m. to 4 p.m., he again works exclusively for a company producing computer systems.
Woods says this can be done because retail store duties are part of a full-time job. He makes five phone calls an hour where he sells furniture and checks his working hours with a software company. It also helps that there are no daily meetings.
There were times when his dual employment almost broke.
When he worked part-time in an analyst firm, he sometimes had to attend two meetings simultaneously, camera and microphone off, and using two headsets.
One day, one of the bosses tried to make a call while Woods was talking to a manager at the other company. – I could have told myself that I had technical problems with the Zoom. If I had worked in an office, this would never have happened, he says.
swallow your pride
– It is important not to attach importance to prestige in extra work. The balance between work and private life and between one job and another is more important – he adds.
“My advice is to just make a schedule and stick to it, and swallow your pride and take that $15 an hour,” he orders.
The only ‘regret’ he felt about his huge resignation was that he was only motivated by a ‘desire for a higher salary’ when he quit his job at his current software company in 2020.work for JPMorgan. But after six months he was released and returned to his old home in what he believed was “a blessing in disguise”.
– Some companies expect a lot from you and look good on paper. Instead of quitting a job you love, find yourself a second job, she advises. His sentiments coincide with the experience of many employees who have quit their jobs over the past year in search of better pay and end up quitting that job as well.
Woods honestly admitted that his retail job was easy for him because he was overqualified.
– I have 10 years of sales behind me, so I could look for another more prestigious job, but it would be more stressful – he specifies. And earning extra money as a furniture salesman doesn’t arouse any tension in him.
“It’s like a game for LeBron James against the Los Angeles Lakers in high school – work, but not too much.” I do it very well – he summarizes.
Author: Jason Lalljee
Translation: Dorota Salus