Taking on additional work for financial gain
- Thread starter KaHn
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Depends on the conditions.
How much additional work and how much financial gain?
For instance: If it was a bar job or KP for minimum wage then no I wouldn't. I've been up at least 12 hours by the time I get home from my day job and I've worked in bars and kitchens before. The idea of doing an additional four or five hours on top of what I'm already doing for relatively low wages does not interest me in the slightest.
However, if it was a start-up venture or something that I had a strong interested in and it had the potential for good returns then yes I would.
More information is required before being able to fully answer the question.
*Edit* I should also say, it would depend on my circumstances. If something changed and I suddenly found that I needed more money than I was currently earning then my position on bar work might change. However, in my current situation my original comment stands.
How much additional work and how much financial gain?
For instance: If it was a bar job or KP for minimum wage then no I wouldn't. I've been up at least 12 hours by the time I get home from my day job and I've worked in bars and kitchens before. The idea of doing an additional four or five hours on top of what I'm already doing for relatively low wages does not interest me in the slightest.
However, if it was a start-up venture or something that I had a strong interested in and it had the potential for good returns then yes I would.
More information is required before being able to fully answer the question.
*Edit* I should also say, it would depend on my circumstances. If something changed and I suddenly found that I needed more money than I was currently earning then my position on bar work might change. However, in my current situation my original comment stands.
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Me and a friend of mine both work full time as structural/subsea/project/analysis engineers and both have good jobs, but we are in a position where we could get a large piece of work with good returns for maybe 2 weeks work, this work would pretty much take over any additional time we had out side of our normal jobs.
My main questions was if you were in a similiar position would you take it?
My reaction is yes, I don't need the money (or the additional hours as I have a lot of over time in my current job as it is) but to me the gains are too much to knock back even with a big offshore campaign coming up.
But the more I think about it the more I think I'm turning in to a workaholic which scares me slightly but I enjoy my job
KaHn
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I'd need more information before I could make a reasonable decision, it would depend on a number of factors (in vague order of importance) - is it something I wanted to do? What is the cost/benefit ratio for me? What sort of time would it take up?
//edit ah I see now you've give more details - based on that I'd probably do it as it's for a set period and sounds like it would be a decent return. I might be tempted to spend some of the proceeds on something of a treat for myself when done though to remind myself what I'm doing this for.
//edit ah I see now you've give more details - based on that I'd probably do it as it's for a set period and sounds like it would be a decent return. I might be tempted to spend some of the proceeds on something of a treat for myself when done though to remind myself what I'm doing this for.
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You say it would take 2 weeks and involve all of your free time. If by that you mean say 4 hours each evening and 8~10 hours each day on the weekend then I'd do it if the amount of money involved was equivalent to about 6 weeks salary. If it's something you can put on a CV and is pretty impressive then 4 weeks salary.
To do something separate from my job I'd need that bit of incentive though.
Nothing wrong with that. I have no issue doing some work in the evenings or weekend without clocking it onto the books, provided its something I find interesting. My employers aren't clock watching Hitlers, they are very pleasant and so I don't mind throwing in extra unclocked time because they don't mind when I leave 15~30 minutes early.But the more I think about it the more I think I'm turning in to a workaholic which scares me slightly but I enjoy my job
To do something separate from my job I'd need that bit of incentive though.
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I don't my friend has a 6month old.
My schedule from the 5th of June is this.
5-19th - Mobilisation (12-18hr days)
24th - 1 July - Mobilisation Holland (hopefully not 18hr days but probs stil 12)
14th July - Mobilisation Brazil - 2 weeks + possible 4 weeks offshore
This goes on till September with 4 weeks offshore, mobilsations and bits inbetween so it will just be an early start to a long slog.
KaHn
Technically no, but it would be awarding the work to my friend and they know I would be helping out, its kinda a strange situation, work which we estimate would take us 2 weeks if we had the man power some companies are asking for 6weeks to do it and at 3 times the cost we are looking at charging for our selves.
The reason my company doesnt want to take it on internal is that we are running up to a very busy period and I am busy at the moment (over time etc) but my friend works for a different company and also has his own limited company set up, which means the work would be going to him and I could hide my involvement behind him, even tho my company knows whats going on.
Its a strange situation and like I said we need to finalise it before it goes ahead but the money involved is silly.
KaHn
Fair enough then, personally I would go for it as long as professional indemnity insurance is up to scratch through your mates company. Something very good to have on your CV. There's a structures lad at work who sub contracts as a scaffolding designer.
As long as you're sure it wont interfere or affect your current day job then I would certainly do it.