How much is two much?4 min read . Updated: 14 Dec 2009, 10:39 PM IST
How much is two much?
How much is two much?
Being an author may not be a full-time second job for this banker, but it is one he enjoys as much as his banking job. “I find writing to be a great stress-buster. I normally write late at night, sometimes even from 11pm to 2am," he says. His idea of after-work bliss? “An incomplete manuscript in my hand."
Juggling two jobs (even if the second seems more of a hobby) can be taxing—there are deadlines to meet for both, schedules to juggle, and efficiency that could take a beating if you push any one of them down the priority ladder. Organizations, though, need to clearly define these differing universes employees inhabit, says K. Pandia Rajan, Ma Foi Group and Randstad India’s managing director. “There are three universes. One is of dual careers where the jobs the employee does in different organizations leads to conflict of interests and is also unethical. I would proactively ban it. The other universe is where an employee carries out an activity which is different from his area of work and, consequently, enhances his efficiency at work. I would encourage it. The third category is where an employee takes away energies from his job and transfers it to another job—for instance, a teacher who lends his expertise to another school or college and earns from it. He does not add anything to his present job. I would put a regulatory mechanism and stipulate the hours he can devote to this activity."
Click here to listen to Yeshavini Ramaswamy, MD, E2E People Practices on the ethics of having two jobs at the same time
Pankaj Khanna, 30, regional head, Bloomberg UTV, has two assignments and each needs equal commitment. He teaches sales management, media planning and public relations at Mumbai’s Event Management Development Institute on weekends and looks forward to it because “there is a certain satisfaction in knowing that I’m shaping young minds".
Subramanian, Khanna and Coelho are just three of an ever-growing number of professionals taking out time from their busy schedules to indulge in pursuits that not only help hone their skills in fields other than their work area but also bring in extra money. Dual careers push personal boundaries for some and they emerge the better from it. Says N.S. Rajan, partner and global leader, human resources (HR) advisory, Ernst and Young, “It is an interest. The primary career of such individuals are their 9-5 jobs. No company can fault them, provided the work they do doesn’t clash with the company’s interests and doesn’t take the employee away from his work."
All four men admit that the activities they chase after regular work hours lend clarity to their regular jobs. “When I am teaching students," says Khanna, “I am sharing knowledge and practical experience of my work. To be able to answer the myriad questions put forth by them, I have to be on top of my job. This compels me to read widely on the subject, source information through discussions with other professionals. This helps enhance my knowledge and keeps me abreast with the latest developments in my weekday job."
Adds Subramanian: “If I did not have a de-stresser such as writing novels, I would lose focus at work. One can become drab, dull and boring doing the same thing every day. Writing helps break the monotony."
In fact, Khanna takes it a step further. He is always on the lookout for talent in the classroom and then brings it to the notice of his bosses at his office. “These talented kids can then be employed in the company where we need them," he says.
Plus, in times of an economic downturn, an extra income can be a bonus. “That is purely incidental," says Khanna. “When you do something out of love, money is not a consideration at all." His earnings from the teaching assignments are in the Rs1,000-2,000 range. Subramanian says what he earns through writing is “reasonable but not significant compared to the salary at the workplace. I would write, irrespective of the money". Mitra, however, gets “rarely paid. I am honing my skills when I or my team help other start-ups. We get paid Rs20,000 to Rs1 lakh depending on the projects and the nature of work".
None of the firms these professionals work for wanted to go on record with regard to their HR policies on these individuals having a second source of income. However, the professional-cum-alternate-career-fulfilling individuals say their firms have no issues with it. “As long as what I do has no clash of interests with the company, the work is not done during office hours and does not affect the workplace, no company will have any problems with individuals devoting time to their passions," says Khanna.
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