What is Polyworking? How Employers Can Leverage Multi-Skilled Employees

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Miriam Groom, VP Sales & Marketing
Miriam Groom

18 December 2024 • Estimated reading time : 13 mins

As the traditional 9-to-5 work model evolves, the concept of polyworking is attracting significant interest from employees and employers. The workforce is adapting to technological advancements and economic changes, expanding the definition of work to encompass multiple skills in one individual.

Polyworking, or managing various jobs at once instead of one, offers numerous benefits enticing employees. It boosts income potential, fosters skill development, and grants individuals the freedom to shape their professional paths.

For employers, polyworking offers diverse skills, boosts creativity, and fosters engagement. However, it poses challenges like legal issues and performance management. This article will delve into polyworking’s complexities and its potential as a strategic asset for success in a dynamic job market.

What is polyworking ?

Polyworking is a dynamic work arrangement where individuals engage in multiple jobs or side hustles simultaneously, rather than relying on a single employer for their livelihood.

This concept is part of a broader trend known as the “portfolio career,” which emphasizes the value of diversifying one’s professional endeavors to create a more fulfilling and secure work life. As the workforce evolves, polyworking has gained traction, appealing particularly to those seeking greater autonomy, flexibility, and income stability.

Polyworking enables professionals to manage multiple roles, utilizing skills across sectors. It’s growing in popularity, with around 46% of workers currently engaged, and 36% considering side projects soon.

Polyworking’s rise stems from a desire for higher income and job security, as multiple revenue streams can safeguard against job loss. It allows professionals to expand their skills, explore new industries, and achieve greater career fulfillment.

What are the Benefits of Polyworking for Employees ?

By diversifying income, improving skills, and boosting satisfaction, polyworking is becoming a compelling choice for the modern workforce.

1. Increased Income and Job Security

One of the most significant benefits of polyworking is the potential for increased income and enhanced job security. With multiple sources of income, employees can create a financial buffer against the loss of a single job.

Research highlights that nearly 46% of workers are now involved in some form of polyworking, reflecting a growing trend towards building financial resilience. Particularly among younger generations, such as Gen Z, the prevalence of polyworking is striking, with 93% engaging in multiple gigs as a strategy to gain financial independence.

This approach not only boosts income potential but also offers stability by mitigating risks associated with relying on a single employer.

2. Skill Development and Personal Fulfillment

Polyworking fosters skill development and personal fulfillment. Engaging in diverse roles across industries helps individuals build a broad skill set and enhances their marketability, accelerating professional growth and opening new career paths.

Moreover, effectively balancing and managing a range of interests can significantly boost personal fulfillment while simultaneously providing the opportunity to explore a variety of passions.

This dynamic and engaging approach not only enriches day-to-day experiences but also serves to prevent the monotony often associated with traditional jobs, thereby reducing the risk of burnout and ensuring that work remains continually stimulating and engaging.

3. Enhanced Autonomy and Flexibility

For many individuals, polyworking signifies a remarkable new level of autonomy and flexibility in their careers. This adaptable work model empowers employees to shape and customize their professional endeavors according to their unique interests, skills, and strengths.

As a result, it fosters a much greater sense of ownership and control over their career paths, allowing them to explore various opportunities and create a more fulfilling work life that aligns with their personal objectives and aspirations.

4. Access to Diverse Skill Sets

Employers can enhance their workforce by utilizing the diverse skills of polyworkers. Those involved in multiple roles gather valuable skills and experiences beneficial to their primary jobs. This enrichment, from exposure to different industries, allows companies to improve problem-solving and overall performance.

Polyworking’s flexibility drives career growth and skill diversification, allowing employees to pursue opportunities for development and fulfillment. Nearly half of workers engage in polyworking, highlighting an evolving workforce and giving employers access to a versatile skill set for organizational success.

5. Fostering Innovation and Creativity

Polyworking enhances innovation and creativity in companies. Employees engaged in various industries offer fresh perspectives that inspire innovative solutions. Their diverse experiences allow for unique approaches to challenges, boosting the organization’s innovative potential.

Polyworking reduces burnout by offering varied tasks that keep employees motivated. This dynamic environment fosters creativity in their primary roles, leading to innovative ideas and strategies that give companies a competitive edge.

6. Improved Employee Satisfaction and Retention

Polyworking provides employees with the freedom and autonomy to explore and pursue their fulfilling interests, which significantly enhances their overall job satisfaction. When workers are actively engaged in their roles and find genuine meaning in what they do, their commitment to the organization increases considerably.

This heightened sense of connection and dedication ultimately leads to improved retention rates, as motivated and fulfilled employees are much more likely to remain with the company for the long term.

Challenges of Polyworking

While polyworking offers diverse income streams and creative outlets, it is not without its hurdles.

1. Legal Implications

The legal landscape of polyworking is fraught with potential pitfalls, primarily stemming from employment contracts and non-compete agreements. One significant risk is the possibility of breaching these agreements, particularly if polyworking involves roles within the same industry where confidentiality and proprietary information might overlap.

In such cases, workers could inadvertently put themselves at risk of legal action if they expose trade secrets while managing concurrent roles at competing companies.

Moreover, ethical concerns arise with “double-dipping,” where employees might be compensated by multiple employers for overlapping work hours. This practice not only triggers ethical dilemmas but can also lead to severe legal consequences.

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2. Performance Management Strategies

As polyworking gains traction, businesses must reassess performance management strategies. With some employees adopting this model and others considering it, traditional job frameworks are evolving. Lower conventional job satisfaction—evident in performance metrics tied to work quality—underscores the need for flexible management approaches.

Employers must foster engaging work arrangements, as varied experiences of polyworking are increasingly prioritized over financial compensation by those seeking a dynamic professional life.

3. Maintaining Work-Life Balance

Polyworking can blur the lines between professional and personal life, making it challenging to maintain a healthy work-life balance. Juggling multiple roles often leads to extended working hours, overlapping deadlines, and competing priorities, leaving little time for rest or personal commitments. Over time, this can result in burnout, decreased productivity, and strained personal relationships.

4. Financial and Tax Complexities

Managing income from multiple sources can complicate financial planning and tax reporting. Polyworkers may face challenges in tracking earnings, calculating deductions, and understanding tax obligations, especially when working across different jurisdictions or countries with varying regulations.

Without proper financial management or professional advice, this could lead to missed tax payments, penalties, or inefficient budgeting.

5. Skill Dilution and Focus Issues

While polyworking allows individuals to explore diverse roles, there is a risk of spreading oneself too thin. Dividing attention across multiple jobs may hinder deep skill development or specialization in any one field. Additionally, frequent task-switching can reduce focus and overall effectiveness, impacting performance in all roles.

6. Career Advancement Trade-offs

Polyworking can sometimes limit opportunities for upward mobility in traditional career paths. Employers may view individuals juggling multiple roles as less committed to long-term growth within a single organization. This perception might affect promotions, access to mentorship programs, or inclusion in critical projects.

7. Communication Overload

Managing communication across multiple roles often leads to an overwhelming number of emails, meetings, and messages. Balancing different work tools, schedules, and expectations can increase stress and the likelihood of miscommunication, which may impact relationships with colleagues and supervisors.

How Employers Can Support Polyworking

To harness the potential of polyworking, employers need to adopt strategies that support this multifaceted approach to work while fostering loyalty and maintaining productivity.

1. Flexible Work Policies

Flexible work policies are essential for supporting polyworking employees. Options like remote and hybrid schedules attract talent who seek autonomy and flexibility.

Notable global shifts, such as the Dutch recognition of remote work as a right, highlight this trend. Most employers are adopting hybrid models post-pandemic, leading to increased job satisfaction and retention. By embracing flexible arrangements, companies cater to employees’ needs for flexibility and additional income, reducing turnover and attracting progressive talent.

2. Providing Resources and Tools

To effectively support polyworkers, employers need to provide the right resources and tools. Polyworking allows individuals to enhance job security and income, develop diverse skill sets, and achieve a balance that aligns with their lifestyle preferences. Organizations can address the specific needs of polyworkers by providing access to productivity tools, collaboration platforms, and other resources that support efficient multitasking and time management.

3. Offering Training and Development Opportunities

Training and development are crucial components in supporting polyworking employees. These opportunities enable workers to cultivate a broad range of skills that enhance their marketability and pave the way for career advancement. Exposure to different industries and roles accelerates professional growth, offering fresh ideas and diverse skills to the team.

Employers can create a supportive environment for polyworking employees by adopting flexible policies, providing essential resources, and offering comprehensive training. This approach keeps companies competitive and appealing to the new generation redefining the professional landscape.

Best Practices for Implementing Polyworking

To effectively implement polyworking within an organization, there are several best practices that should be carefully considered and put into action :

1. Establishing Clear Communication Channels

Effective communication is the backbone of a successful polyworking setup. For individuals managing multiple roles and organizations overseeing such arrangements, well-defined and streamlined communication methods are critical. Here are practical steps to establish better communication:

  • Set Expectations Early: Clearly outline roles, responsibilities, and availability at the start of any working relationship. This prevents ambiguity and ensures that all parties know when and how they can reach you.
  • Use Dedicated Communication Tools: Adopt specific platforms for each role, such as Slack, Microsoft Teams, or email, to keep conversations organized and avoid cross-channel confusion.
  • Create a Consistent Schedule: Share a detailed calendar with employers or clients, specifying your working hours for each role. This helps manage overlapping tasks and prevents miscommunication about availability.
  • Implement Regular Check-Ins: Schedule recurring meetings or updates to stay aligned on progress, priorities, and any changes in expectations. These touchpoints are essential for maintaining transparency and accountability.
  • Document Agreements and Updates: Use written communication (e.g., emails or shared project management tools) to confirm key points discussed in meetings. This creates a reliable record that everyone can reference later.
  • Encourage Open Dialogue: Foster a culture where feedback and concerns can be openly discussed without judgment. This builds trust and ensures potential issues are addressed promptly.

By combining these strategies, polyworkers and organizations can minimize misunderstandings, enhance collaboration, and maintain productivity in even the most complex work arrangements.

2. Encouraging Collaboration Among Employees

Fostering collaboration is essential for building a cohesive and engaged workforce, particularly in environments where polyworking and remote setups are common. Strengthening teamwork and interpersonal connections can help mitigate feelings of isolation and reduce the need for employees to seek additional roles for professional fulfillment. Here’s how companies can encourage effective collaboration:

  • Facilitate Regular Team Interaction: Organize brainstorming sessions, virtual coffee breaks, or team meetings to foster communication and camaraderie. Whether in-office or remote, these interactions create a sense of belonging and shared purpose.
  • Leverage Collaborative Tools: Use platforms like Slack, Microsoft Teams, or Notion to streamline communication and collaboration. These tools can make teamwork seamless, even when employees are spread across different locations.
  • Build a Culture of Trust: Avoid using invasive monitoring tools, as these can erode trust and harm morale. Instead, focus on outcome-based assessments and give employees the autonomy to manage their tasks.
  • Promote Hybrid Collaboration: For hybrid teams, ensure that in-office and remote employees are equally involved in discussions and projects. This inclusivity fosters a sense of fairness and collaboration across all work arrangements.
  • Encourage Cross-Role Partnerships: Create opportunities for employees from different departments or projects to collaborate. This broadens perspectives, strengthens relationships, and can uncover innovative ideas.
  • Recognize and Reward Team Achievements: Celebrate collaborative successes to highlight the value of teamwork. Recognition motivates employees and reinforces the importance of working together.

By prioritizing collaboration, companies can enhance employee satisfaction, reduce feelings of isolation, and create a more engaged and cohesive workforce.

3. Setting Realistic Goals and Expectations

Successfully managing multiple roles in a polyworking lifestyle requires setting clear and achievable goals, both personally and professionally. Without this, the risk of stress, burnout, or reduced productivity significantly increases. Here’s how to approach it:

  • Assess Capacity and Limits: Take an honest inventory of your time, energy, and resources. Be realistic about how many hours you can dedicate to each role without sacrificing quality or well-being.
  • Prioritize Tasks: Identify the most critical tasks for each role and allocate your time accordingly. Use tools like task management software (e.g., Trello, Asana) to keep priorities organized and visible.
  • Establish Boundaries: Define clear work hours for each job and stick to them. Communicate these boundaries with employers and colleagues to manage expectations and prevent overlap.
  • Plan for Flexibility: Build buffer time into your schedule to accommodate unexpected demands or challenges. This flexibility reduces stress and ensures you can adapt without falling behind.
  • Address Legal and Confidentiality Issues: Before committing to multiple roles, thoroughly review employment contracts for clauses that may restrict outside work or create conflicts of interest. If necessary, consult a legal expert to avoid potential risks.
  • Regularly Reevaluate Goals: Polyworking demands can shift over time. Periodically reassess your workload and goals to ensure they remain realistic and aligned with your priorities.

By proactively setting clear expectations and managing workloads effectively, polyworkers can maintain a healthy balance, protect their quality of life, and achieve sustained success in their diverse roles.

Conclusion: Embracing Polyworking for Competitive Advantage

Polyworking represents more than a workplace trend—it’s a powerful response to the evolving needs of both employees and employers in today’s dynamic job market.

For individuals, it offers the chance to diversify income, expand skill sets, and create a fulfilling, flexible career that aligns with personal and professional aspirations.

For businesses, embracing polyworking unlocks access to a more versatile, innovative workforce capable of driving organizational success in a competitive landscape.

However, the benefits of polyworking come with challenges, from maintaining work-life balance to navigating legal and performance concerns. By addressing these complexities through thoughtful strategies—such as clear communication, collaboration, and realistic goal-setting—both employees and employers can harness the full potential of this model.

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Miriam Groom, VP Sales & Marketing
Miriam Groom

Miriam Groom is a nationally renowned Industrial & Organizational Therapist and HR Strategist specializing in strategic and innovative talent management & workforce transformation strategies that are highly employee-centric.