A foot on each side – a perspective on a freelance/salary job mix

 

Every entrepreneur has experienced the fear of leaving the gilded cage of a salary to enter the financial uncertainty of independence. Not only is that fear justified but, depending on the circumstances, the sudden dive into the deep water may not be a wise option. Consequently, many freelancers initially maintained a second job to reduce the feeling of insecurity and allow themselves to build their business and confidence. As in most decisions, it carries benefits and costs, some more obvious than others.

I can speak about the issue since I wear two hats. On the one hand, I am a full-time freelance translator. I invest my heart, money and energy in improving my skills and business. I identify myself as a Hebrew-English translator. Yet, I also teach English half-time at a local engineering college and have done so for more than 30 years. I teach some 8 hours a week, two hours a day in the afternoons. I retained this job as I built up my freelancing business and still retain it by choice. Thus, I have two language-related but quite different professions.

Clearly, a second job has financial benefits and, therefore,  provides emotional security,  especially in the early stages of a career as an independent. A second source of income means that a person will be able to pay the vital bills, such as mortgage/rent and electricity, even during slow months or a dry period. As a result, it makes it easier to demand higher rates and make wiser long-term decisions. It is known that the ability to walk away from a deal is one of the keys to success in negotiation. With a salary arriving every month in the bank account, it is possible to have some financial security.

A second job also provides a means of balancing job satisfaction. All professions tend to demand extraordinary effort in one direction or another, whether that is the ability to concentrate at a computer, deal with the public or any other requirement. Likewise, every job fails to involve elements that are vital for human happiness. For example, home-based professionals often suffer from social isolation. A second job offers the opportunity to create a balance. In my case, spending time with young adults with the future in front of them keeps me young and socially interacting, counteracting the hours staring at the screen. Second jobs can emotionally complement a main job.

However, they can also create great stress due to time demands. Many positions involve varying levels of investment. The factors affecting the required effort at any given time include seasons, special projects and annual deadlines. Freelancing generally cannot predict the quantity or scale of projects to come. Thus, when both the salaried job and independent career suddenly become time-intensive at the same time, it can lead to extraordinary pressure for a short period. Despite all the best efforts to manage this stress, such double-peak times are challenging.

A second cost of having two jobs is the ultimate necessity to make one secondary. In other words, one’s self-worth and effort tend to heavily focus on one job to the relative neglect of the second. Depending on the level of perfectionism of the individual, this compromise can be personally painful. On a wider level, colleagues in the second job may not “appreciate” your lack of total commitment even if they understand the reason. If they are totally dedicated to the “team”, they may disrespect the “slacker”, who may not be able to focus solely on the job. While nothing that the person can do will probably change this attitude, it is nonetheless unpleasant to be looked down on by colleagues. This status is a more subtle price of having two jobs.

In the long term, it may be simpler just to take the dive, become a freelancer and leave the old life behind. However, such a risk is not appropriate for every person and every situation. Clearly,  a schizophrenic work life can provide financial and emotional security. However, the potential workload can become overwhelming and create professional identity issues. A person’s choice to dive into the deep end or wade in from the shallows is a personal choice. No answer is wrong; merely a matter of choosing the consequences.