Learning & Development

Millennials Continue to Lean Heavily on Side Hustles

Millennials aren’t afraid of hard work. In fact, many are putting in far more than forty hours a week. But a new survey from Academized.com shows that extra time isn’t necessarily going into career development and chasing corporate promotions—it’s going into building side hustles.

Millennial
Anchiy / E+ / Getty Images

Side Hustles on the Rise

Out of 2,500 millennials surveyed, more than half (52%) said they have at least one side hustle. A third are managing four or more jobs at once. The average side hustle income? Around $12,689 a year, with top earners making as much as $45,000.

There’s no question that money plays a role. Forty-one percent said their side gigs have helped ease financial stress. But the survey points to something deeper: 58% of millennials see polyworking—not just working multiple jobs but juggling multiple career paths—as a long-term lifestyle, not a temporary fix.

Polyworking

It’s a shift in how younger workers think about career development. Building a life around one job and climbing one company’s ladder isn’t the goal for many anymore. Growth looks like having options, building different skills, and diversifying income streams. A full-time job might be one piece of the puzzle, but it’s not the whole picture.

There’s a cost, of course. About 42% of polyworkers say they’ve hit burnout from juggling too much. But for a lot of millennials, the tradeoff feels worth it.

Wake-Up Call for Employers

For employers, this should be a wake-up call. If companies want to keep ambitious employees, offering promotions and titles isn’t enough. People want growth, flexibility, and a chance to pursue passions—sometimes even inside their day jobs. Companies that create room for internal entrepreneurship, side projects, and real skill-building could keep more talent around longer.

The reality is clear: millennials are willing to work hard. They’re just being more intentional about where they invest that energy—and it isn’t always inside company walls.

Lin Grensing-Pophal is a Contributing Editor at HR Daily Advisor.

Leave a Reply

Your email address will not be published. Required fields are marked *