More than a third of South Africans have a side-job – here’s what they’re doing

According to the recently released Old Mutual’s Savings and Investment Monitor, 13% of South Africans have a side-job similar to their current occupations, while 24% have an additional source of income that is completely different to their day job.

Dubbed “slashers” by Old Mutual, the report noted that this 24% is steadily increasing as South Africans look to earn additional income in an entirely separate field. Further, 53% of respondents indicated that they would actually prefer to make a career out of their side-job as opposed to their current career path.

63% of slashers indicated that they enjoy having more than one job, while 42% admitted that they don’t have time for more than one job, but financially needed the money.

According to the report, the most popular side-jobs are:

  • Catering
  • Event planner
  • Errand runner/messenger
  • Garden service
  • Internet café
  • Sell stationery to schools
  • Nail technician
  • Carpentry
  • Musician
  • Photographer
  • Tutor
  • Barber
  • Installing water treatment equipment
  • Selling Herbalife
  • HR consultancy
  • Manufacture kiddies clothing
  • Party equipment
  • Make costume jewellery
  • Online boutique
  • Bookseller
  • Hiring
  • Waiting
  • Cash wash
  • Sell “flat stomach” tea
  • Grow and sell vegetables

Why?

According to the report, 63% of slashers indicated that they enjoy having more than one job, while 42% admitted that they don’t have time for more than one job, but financially needed the money. In comparison just 14% of respondents said that financially they didn’t need to have a second job.

The respondents provided the following reasons as why exactly they had decided to start up a side-job.


Read: How many South Africans will have to support their parents through retirement

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More than a third of South Africans have a side-job – here’s what they’re doing