More than half of UK workers planning to take on a side hustle since Covid-19 pandemic

entrepreneur

Over half (54%) of UK workers say they are more open to taking on a side hustle or freelance work since the Covid-19 pandemic, according to new research from Fiverr.

Over 2 in 5 (44%) agree they are more open to it, due to the flexibility that working from home has given them.

Financial security is the key motivator for many workers to take on a second income in 2021. Nearly one-third (30%) said they are more open because they are concerned for their job security and one-fifth (20%) said they have had a pay decrease so want to add another revenue stream.

The study also revealed a significant number of workers are looking to change their job or career in 2021. 40% of employees surveyed agree that 2020 has increased the likelihood of them looking for a new job in 2021.

The study, conducted by Fiverr, surveyed 1,046 UK workers (including 50 freelancers) who worked remotely this year – also found that 40% of UK workers agree that working from home has made them realise that full-time freelancing could be a legitimate career option.

Liron Smadja, Senior Director of Global Brand Marketing & International Expansion at Fiverr, said: “2020 was a challenging year financially, so it’s unsurprising that so many are looking to supplement their income in 2021. Nearly a third (30%) of UK employees surveyed agreed that they are likely to specifically take on freelance work in 2021 – this is due to the technology and options that exist for anyone with a digital skill to begin building their own passive income.”

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