Dismantling the 9 to 5 — Why Job Stacking Is the Future of Work
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The American workplace is undergoing a paradigm shift — one that labor economists should be reluctant to dismiss as a fake trend. As work-life balance is being redefined, a majority of Americans are expressing disdain for the traditional Monday through Friday, 9 to 5 job regime.
Instead, many Americans are yearning for a professional life that offers more flexibility and autonomy. Remote workers, having tasted the fruits of working from home, are steadfast in their refusal to return to the conventional office setup. Meanwhile, the four-day work week, pioneered by nations like Iceland and Japan, is gradually gaining traction in corporate circles. Yet as the evolution in the work sphere continues, a new trend is emerging for millennials and Gen Z, who have been vociferously demanding a revolutionary work model since their initiation into the workforce. This burgeoning trend is none other than job stacking.
What is job stacking?
Job stacking is the practice of concurrently working multiple full-time jobs simultaneously, accruing more than one full-time salary. This approach to work diversifies income streams and maximizes earning potential, and has been adopted by over 400,000 Americans, as reported by the Bureau of Labor Statistics.
My personal tryst with job stacking commenced in 2020 at only age 22. As I plunged into this novel work model, I found myself adeptly handling five different job roles and amassing a staggering annual income of over $375,000. This venture propelled me into a space of financial freedom and allowed me to save the funds to kickstart my agency.
In a scenario where over 70% of the workforce finds themselves discontented in their jobs, the concept of job stacking resonates strongly with those who aspire to reclaim control over their time without compromising on their income and benefits. At its core, job stacking entails juggling multiple job roles, often across various domains, to create a lucrative and satisfying work mosaic that caters to the diverse interests and skills of an individual.
Why is job stacking becoming a preferred choice among Americans? Let’s delve into the dynamics that are fostering the adoption of this model:
1. Facilitating balanced parenting
One of the most profound impacts of job stacking is on the parenting front. Rigid work schedules have been a long-standing issue for working parents. Flexibility is a top-ranking employee benefit for both men and women, but parents with young children are more likely to rate it as one of the top-ranking employee benefits. If flexibility were not available, 38% of working parents would have quit their jobs or reduced their hours. Job stacking comes as a savior in this context, providing parents with the liberty to tailor their work hours to suit their family commitments. Furthermore, the financial benefits accrued from multiple job roles can significantly offset the childcare costs, which currently hover around $10,600 per year.
Related: Why Working Multiple Jobs Will Be the New Normal
2. Empowering employees to lead a fulfilling life
As mental health has become more of a priority, many full-time workers are trying to live a fulfilling lifestyle beyond the weekends. Gone are the days of employees’ existence being confined to the boundaries of an office. Recent Deloitte research shows that millennials and Gen Zers are desperately seeking work-life balance, even placing it at the top of their consideration list when selecting a company to work for. Job stacking serves as the golden key to unlocking this lifestyle. By mastering time management skills, individuals can sculpt a work-life structure that allows for ample personal time to pursue travel and other fulfilling endeavors, defining “after work” on their own terms.
3. A counter to underpayment by employers
A grim reality facing the American workforce is the issue of underpayment. A large faction of employees feel that the remuneration offered by companies is inadequate to sustain a decent quality of life, especially given the escalating cost of living and real estate prices. Job stacking emerges as a potent solution to this dilemma, empowering individuals to supplement their primary income with earnings from various other roles, thereby elevating their financial standing.
What makes for an excellent job stack?
Not all jobs are stackable. Obviously, it’s impossible to job stack jobs like working at call centers or being a barista. To succeed at job stacking, look for jobs with a few key characteristics, the first being that the job is completely remote. Industries like information technology (IT), customer service, writing/content creation and digital marketing tend to have a significant remote workforce, making those easy roles…
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