Should You Encourage Your Team to Pursue Side Hustles?
Side hustles have become an increasingly common strategy for people to supplement income from their full-time job or create multiple sources of income by pairing multiple side hustles. Outside of the financial benefits, side hustles can help workers learn new skills, make extra money or pursue a dream outside working hours. No longer a fringe activity but a permanent part of the modern workplace, side hustling brings troubling questions to leaders about their role in allowing or even encouraging their team to pursue side hustles—a term known as intrapreneurship. If you’re a leader at your company, consider the following. The Rise of the Side Hustle Side hustles continue to grow in popularity because they permit additional financial and professional opportunities that a traditional working schedule simply can’t. Side hustles give people the chance to earn more money, start their own businesses or learn new skills, potentially leading to a salary increase in the future. The econ...