The term I've heard is "moonlighting" but same concept. As someone that's seen really smart guys at my company get sacked over this, my takeaway is you can do it but you gotta be real good to not get caught and don't be surprised if you're fired. There was one guy we had to fire over this and he had no remorse and took is super well. I could tell for him he understood this was part of the gig and probably had higher paying jobs to fallback on.
I just close that company’s laptop and never think about them again.
There is no linkedin to update, no resume to update, no desperate dash or networking for another role.
Although there is less sympathy for being sacked for performance issues when thats the reason, the realities in my overemployment journey have been companies running out of runway for reasons not solvable by engineering direction, furloughs, government contracts where the top performers only lasted 5 more weeks longer than I did after being promised that the project was a 5 year contract, whole org adjustments, “we are going in a different direction” and more. Tech is not a stable sector. This is a far superior position to be in.
I’ve met expectations and gotten raises from simultaneous full time roles as well.
Moonlighting is working a second job at night (“by the light of the moon”). Overemployment is fraudulently charging two companies for the same hour of time.
Salaried positions don’t pay by the hour but by meeting benchmarks, job accountabilities, etc. so I’m not sure “fraudulently” belongs in that sentence.
I concur. The only reason it doesn't feel this way is because companies have been abusing the spirit and intent of salary for a long time. They effectively make it about time, and then don't pay overtime because they're exempt. Salary is basically just hourly but with a sweeter deal for the employer.
So, from the employer's perspective, it feels like fraud. But they've effectively been defrauding you for the past 100 years, by making you work salary when your job isn't a salary job. So, it's even. Well... not really. Still absurdly skewed in the employer's favor of course, but a little more even.