Having multiple jobs is now the new normal and future of work
by Neil Shaw · NottinghamshireLiveThis article contains affiliate links, we may receive a commission on any sales we generate from it. Learn more
Three quarters of people now believe running multiple side hustles alongside full-time employment is the future of work and 19% already run at least one other job alongside their main work, according to research from accountancy tech provider Sage.
The average side hustler earns £2,337 per month after tax from employment and boosts their salary by an extra £590 a month from their side hustles – close to £7,000 a year. The trend sees nearly half of people using this additional income from their multiple side hustles to cover day-to-day living expenses.
The Sage report found a majority of side hustlers (63%) would keep their main job no matter how successful their business became. Dropshipping or reselling is by far the most popular side hustle for nearly a quarter of people (24%), followed by freelance writing (15%) and handmade products (14%), IT/ tech support (13%), custom products (12%), and consulting (12%).
Income streams from side hustles are now so high that half of 25-34-year-olds have sought help from an accountant or accounting software to manage their cash. Grace Hardy, founder of Hardy Accounting, said: “As a Gen Z accountant, I’ve seen firsthand how our generation is embracing side hustles to build new income streams. We’re balancing everything from freelance work to digital reselling alongside our main jobs.”