A strong workforce trend is the shift to holding more than just one job. And it’s not just people in lower income brackets who are juggling multiple jobs.
CEOs and senior executives of large companies frequently also hold paid director positions with other companies, not to mention unpaid roles with non-profit organizations. Today’s professional athletes don’t just get paid to play the game; the most successful ones sign endorsement deals, some give speeches, and others sell autographs. In fact, the world’s highest paid athletes earned much more from “moonlighting” than from their day jobs. In 2009, golfer Tiger Woods made $7.7 million in salary and winnings, but made $92 million in endorsements. LeBron James made $14 million for playing basketball, but another $28 million in endorsements. Dale Earnhardt Jr. was paid $4.6 million for racing and another $22 million in endorsements.
Should you spread risk and increase earnings by holding multiple jobs?
This is an excerpt from We: How to Increase Performance and Profits Through Full Engagement by Rudy Karsan and Kevin Kruse.
Kevin Kruse is a NY Times bestselling author and keynote speaker. Get more success and tips from his newsletter at kevinkruse.com and check out keynote video clips. His new book, Employee Engagement 2.0, teaches managers how to turn apathetic groups into emotionally committed teams.