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 11/27/2019 at 11:03 AM, beekee said:

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.

I honestly wish I had not included agency nursing in the article as an example of "gig" type employment, because to me it does not fit the profile of gig work.

When I think about gig work, I think about self-employed contractors who pursue relationships with companies large and small. Agency nurses are not "gig workers" to me because they're still W2 employees with an agency.

Thanks for weighing in!

Beth

Specializes in Freelance Writer, 'the nurse who knows content'.
On 11/23/2019 at 3:54 AM, Emergent said:

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.

Cool that you're pursuing some independent revenue streams! It's fun, isn't it?

Very perceptive to note the defensiveness of people when the concept of gig work comes up. I think many people feel frightened by change of any kind, and with gig work, specifically, I think it's understandable some people view it as a threat to their employment or even to their established way of life.

Personally, I believe the world has room for both traditional workers and gig workers, and we can live in harmony. But I'm kind of a live-and-let-live person, anyway.

Thanks for your comments!

Beth

Specializes in Freelance Writer, 'the nurse who knows content'.
On 11/23/2019 at 7:22 AM, LovingLife123 said:

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.

I think you're spot on that self-employment takes time, motivation and dedication. However, I also know (because I'm doing it) that it's possible to cultivate an awesome lifestyle, complete with a full-time income, on a part-time basis that isn't physically or mentally draining.

I'm always the first to say that self-employment is not for everyone. People with extreme risk-aversion definitely should not pursue self-employment, nor should those who have trouble making big decisions. Or, at the very least, those people should pursue part-time, zero-investment self-employment, such as becoming a freelance writer like me. ?

Thanks for sharing your thoughts!

Beth

Specializes in Freelance Writer, 'the nurse who knows content'.
On 11/27/2019 at 12:11 PM, ANA California said:

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]

Thank you so much for taking the time to bring these concerns to light, @ANA California. It's great to know such a powerful organization is lobbying to change this detrimental legislation in a way that makes it possible for independent contractors to continue to work the way they always have: by developing mutually beneficial relationships with clients outside an employment framework.

As a nurse-writer, I have temporarily stopped soliciting clients in California because the financial and administrative burdens of tracking the number of assignments I receive and potentially paying taxes to the state far exceeds any money I would earn from the assignments themselves. The burden on a one-woman shop like mine to mind all these details makes it impossible for me to justify serving California-based clients.

For what it's worth, similar legislation has cropped up in New York state and New Jersey, and I hope ANA in those states also will join the fight against these unjust laws that deprive people of their right to pursue self-employment and drive up costs for their clients.

Thanks for weighing in!

Beth

Specializes in Freelance Writer, 'the nurse who knows content'.
On 11/28/2019 at 11:00 AM, Rionoir said:

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.

Well, you are absolutely correct that any self-employed person has to learn to love (or at least tolerate) the business aspect of things. ?

I totally hear you regarding making your business a hobby again so you can enjoy it. Very early in my adult life I considered going to culinary school because I love to cook, but I didn't do it because I was afraid that turning my passion into a job might ruin it for me.

I'm happy for you to have regained a hobby you love! That's so important to mental health!

Beth

Specializes in Tele, ICU, Staff Development.
On ‎11‎/‎22‎/‎2019 at 7:02 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.

In general, hospitals offer residency positions to nurses who have never worked. But it's really up to the individual facility, and exceptions can be made to rules. At my hospital, 3 months ago, we put a newly licensed nurse who had worked SNF only into our residency program.

It was the difference between her getting 4 weeks of orientation or 12 weeks of orientation plus year-long support. Clearly the residency was where she belongs, and we educators were very happy with the decision ?

It will depend on how competitive the spots are, and the philosophy of the organization. Good luck to you!

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