Why Nurses Should Join the Gig Economy Right Now

Here's how to get in on the ground floor of the gig work gravy train before it becomes overcrowded. Nurses Announcements Archive

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The gig economy is coming to nursing. Well, to be honest, the gig economy has existed for nurses for a long time – since before we called agency nursing “gig work.”

But these days, more and more nurses see the gig economy as a way to escape the bedside. They dream of the freedom that comes from working when they want to, instead of when their employer demands it. They visualize a lifestyle in which they can make great money while easily juggling family needs with work demands. Some of them secretly yearn to launch a side gig that they can grow into a full-time business.

If you see yourself in any of those pictures, you’re in good company. Each year, untold numbers of nurses leverage the gig economy, either to transition away from the bedside for good or to provide extra cash to pay down debt or fund luxuries like a family cruise vacation. You can get in on this financial gravy train, too.

What is the Gig Economy, Anyway?

‘Gig work’ is a new term for project- or assignment-based work, often of short duration. For example, taking a 13-week travel nursing assignment can be considered a ‘gig job.’ So can giving piano lessons on the side. Within an industry (or even a country), a gig economy relies on independent contractors and freelance workers more than full- or part-time employees to perform all types of work.

Benefits of the Gig Economy for Nurses

Many nurses love the gig economy for the freedom and independence it provides. Unlike the situation with a traditional nursing job – where you might be stuck for weeks or months in an unpleasant working environment before you can secure other employment, give notice, and leave – if a gig doesn’t work out, no problem. It’s easy to move from one gig to the next.

But working in the gig economy confers other benefits, too. For instance, you can use gig work to:

  • Test your business idea before making a large investment in it, reducing your financial risk.
  • Make money from a hobby or passion without relying on it for your entire income.
  • Free up more time to spend with your family.
  • Relieve feelings of burnout by using your nursing talents in a new way.
  • Achieve a renewed sense of accomplishment and satisfaction with your career.

How to Get Started in the Gig Economy

Nurses can easily enter the gig economy by taking on side gigs that can be done in their spare time. This strategy works especially well for nurses who work a traditional “three 12s” schedule, but any nurse can do it. Pick a gig you can do on your off days or on weekends.

Maybe you dream about being a writer. That’s an excellent side hustle.

Maybe you want to continue helping patients, but as an independent consultant, such as a geriatric care manager. Another excellent side gig for a nurse.

Or maybe you’re passionate about products and want to become an independent sales rep for…cosmetics or cookware or supplements. Get gigging!

Your nursing license and educational background give you the ideal credentials to enter the gig economy in some sort of health-related role, but, honestly, the sky’s the limit. Some nurses look to their non-nursing passions to provide them with a side hustle. For example, one nurse in Springfield, Missouri, officiates amateur boxing matches as her side gig.

So how can you figure out what type of side gig is right for you? And once you settle on an idea for gig work, how can you get started?

Join the Entrepreneurs/Innovators Hub Discussions

You can find answers to your questions about the gig economy, entrepreneurship and more on the allnurses.com Entrepreneurs/Innovators Hub. Over the coming year, we’ll be chattering a lot about:

  • How to find the perfect side gig for you
  • Steps for refining your business idea
  • Steps to transition from nurse to businessperson
  • Marketing fundamentals for any nurse-owned business

…and much, much more.

Already, Innovator Hub members are discussing challenges related to nurse entrepreneurship, how to set up an independent nursing practice and other topics to help you launch and sustain your own successful business…or side gig. Join us today and chime in with your own questions and thoughts. Click here to find out more about the allnurses Innovators Program.

You could be earning great money right now, pursuing that business idea that’s been brewing in your head, or monetizing your non-nursing passion. We’re here to help. Let’s get started!

Specializes in Freelance Writer, 'the nurse who knows content'.
On 11/13/2019 at 2:50 AM, HiddencatBSN said:

Yikes no. The gig economy and loss of benefits that come through employment is one of the reasons millennials are seeing a lower standard of living than previous generations. Travel nursing has in general escaped the harms of a gig economy but let’s not encourage it to follow suit.

Well, I'm not a millennial, but all I can say is that I maintain all my own benefits and do just fine. I have good health insurance, disability insurance, professional and a retirement plan.

That said, I totally agree that gig work is not for everybody. Many people do not have the desire or aptitude to be self-employed or to manage the nature of gig work. I don't think traditional employment will ever go away, so those who choose that route will continue to have options.

Thanks for commenting!

Specializes in Freelance Writer, 'the nurse who knows content'.
On 11/13/2019 at 11:18 AM, Choolie1129 said:

Enjoyed the read.

I'm currently working 3 jobs.

Mon-Fri - Occupational Health Nurse (Primary)

Mon-Thurs (after work) - Online NCLEX Prep Instructor (side gig)

Sat/Sun - Wellness Nurse at an Assisted Living Facility (side gig)

After reading many of the comments, it is, without a doubt, an individual choice. One post relayed losing precious time with friends and family. I can understand this train of thought towards side gigs. However, I am unmarried and without children. A bit of a loner, if you will. So, in my life, spending time with patients, students and my coworkers in the profession I adore in three separate specialties keeps me fulfilled. Furthermore, I'm capitalizing on my retired military nursing background and education to reach financial goals that I have in mind.

In all honesty, none of the "gigs" I serve in really feel like work. I guess I am one of the lucky ones.

"Find a job you love and you'll never work a day in your life."

How wonderful you've found gigs you find engaging and that seem to provide you with a real sense of satisfaction! That's wonderful. And, honestly, isn't that something we all can aspire to, whether in traditional employment or in gig work?

Your comment also makes the point that people should not be so quick to hastily paint a workforce or a profession with broad strokes. Not every gig worker is a starving millennial. Not every type of gig work requires sacrificing time or quality of life.

Thanks for weighing in!

Specializes in Freelance Writer, 'the nurse who knows content'.
23 hours ago, Sherry7 said:

I agree! Time stands still for no one. I choose not to do a side gig. As it is, I work plenty of OT as it is. I wish the best for anyone else that chooses to do it though. After losing my brother last year to pancreatic cancer, I choose to look at "time" much differently than I used to.

I'm so sorry for your loss. These events do tend to refocus our priorities.

Wishing you peace.

Dear Nurse Elizabeth,

I am a new grad have some difficulty trying to get into an acute care hospital. I got my license in July 2019 and started working at a skilled nursing facility as a RN supervisor in November 2019. I wanted to get your take on new grads with RN experience, such as working at a SNF, applying to new grad programs, as some programs do not want you to be working as a RN at all and want you to be more like a sponge, but at the same time since I got my license in July and I don’t want it to seem like I’m wasn't being proactive. I would really appreciate your advice, as I am getting ready to apply to my dream hospital.

Specializes in ER.

Universal healthcare would make things more flexible for us all. I like the concept. My side gig is managing my rentals, which is also part of my retirement plan.

My FTE commitment is less than fulltime, although at the moment I'm having them schedule me fulltime. Eventually nursing will be my side gig. I'm also starting a small venture soon of reclaiming barn wood and reselling.

I notice a few here seem almost threatened by the ideas presented here. I was surprised by that.

Being self employed requires a lot of time, motivation, and dedication. I was self employed for several years. It’s time and energy I don’t have on my days off.

Right now, I’m choosing to pick up days on my unit if I happen to need a little extra. One extra shift can garner me quite a bit of extra money.

I know that can change but so can self employment. Not all factors can be in your destiny especially with the internet. All it takes is for a site or search engine to change their rules or do a massive update that messes up your business.

Specializes in Nursing Policy and Advocacy.

California's AB 5 is detrimental to the benefits of the "gig economy" listed in this article and will be back in the legislative cycle in early 2020.

Nurses should reach out to a professional, speciality, or lobbying association, like the American Nurses Association of California, to better understand the current legislation being drafted, how nurses (and midwives) are potentially affected, and what all nurses can do about it.

Specializes in Peds, Med-Surg, Disaster Nsg, Parish Nsg.
On 11/25/2019 at 7:24 PM, ANA California said:

California's AB 5 is detrimental to the benefits of the "gig economy" listed in this article and will be back in the legislative cycle in early 2020.

Nurses should reach out to a professional, speciality, or lobbying association, like the American Nurses Association of California, to better understand the current legislation being drafted, how nurses (and midwives) are potentially affected, and what all nurses can do about it.

Hello ANA California. Welcome to allnurses.

Please add more to your comment to explain how CA AB 5 is detrimental to the benefits of the gig economy. This information would be greatly appreciated.

I’m all for people being entrepreneurs. However, the “gig economy” is dangerous for those who are employees or independent contractors for large corporations.

A per diem nurse is likely less expensive than another employee, when you factor in benefits. A push downward in wages is already taking place in the world of travel nursing.

For those of us who work for large corporations, STRONG unions are better for employees than three “gigs” with no benefits.

Specializes in Nursing Policy and Advocacy.
3 hours ago, tnbutterfly - Mary said:

Hello ANA California. Welcome to allnurses.

Please add more to your comment to explain how CA AB 5 is detrimental to the benefits of the gig economy. This information would be greatly appreciated.

Happy to!

Our recent discussions with California's AB 5 Coalition (which is currently spearheaded by CHA but includes healthcare workers from traveling nurses to mental health, childcare, and many others) have brought to light a few concerns:

-Rural healthcare workers often work for multiple hospitals or outpatient service centers. AB 5 would require the employing organization to change its independent contractor agreement to an employee (W-2) relation, drastically increasing the cost for small to medium-sized care centers.

-Specialty healthcare workers, like nurse anesthetists, could be forced to forgo their specialty services to supplement location dependence.

-Wellness and education programs that service hospitals and others are largely through an independent contract basis. AB 5 would disrupt the current agreement.

This is by no means a comprehensive list.

So what is being done about it? We are working on healthcare worker specific legislation to exempt our field and its many employees from AB 5's effects.

Anyone interested in more information and seeing the current DRAFT of legislation can email me: [email protected]

Specializes in Mental Health.

Running your own business doing something you love isn't all it's cracked up to be. You end up doing marketing and customer service 95% of the time and the part that you actually enjoy is a teeny tiny part of it. My career path has gone the opposite way - I left my own business and made my hobby a hobby again so that I could enjoy it again. If you love the business side of things as well though, then maybe that is the path for you.

Specializes in Freelance Writer, 'the nurse who knows content'.
On 11/22/2019 at 8:02 PM, Anaid916 said:

Dear Nurse Elizabeth,

I am a new grad have some difficulty trying to get into an acute care hospital. I got my license in July 2019 and started working at a skilled nursing facility as a RN supervisor in November 2019. I wanted to get your take on new grads with RN experience, such as working at a SNF, applying to new grad programs, as some programs do not want you to be working as a RN at all and want you to be more like a sponge, but at the same time since I got my license in July and I don’t want it to seem like I’m wasn't being proactive. I would really appreciate your advice, as I am getting ready to apply to my dream hospital.

Hi Anaid!

I'm afraid your question is outside the scope of my knowledge base. Maybe you would be better served by posting your question in a different forum here at allnurses.

One thing I can say is this: I, personally, took a totally unconventional path through nursing. Many people told me "real nurses" always start out in Med-Surg, on the night shift, and I never did any of that. My goal throughout nursing school and as a new grad was to work in the perioperative setting, during the day, and that's exactly the path I pursued and achieved. In my experience (which may not be the same for everyone!), you can never go wrong pursuing your dream with gusto, regardless of what others say you can/should do or not do.

Wishing you all the best!

Beth

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