Moonlighting and its Psychological Impact among Private Employees
Abstract
The basic needs of an individual are satisfied once the individual has a stable source of income. But these needs are never ending as the human tendency appears insatiable. Maslow (1943, 1954) postulated that in the quest for the fulfillment of needs. Many individuals today want to satisfy their acquired wants and a solitary stable source of income does not permit this. So they venture into various side hustles to increase the influx of income. This can be in the form of investments, getting involved in racing/betting or other ill methods, starting a small business or opting for an additional part time job or going for a second employment – better known as, moonlighting. The trends in the organizational setups show that the practice has consistently been on the rise since the formal conceptualization of the idea (Arthur, 1994b). Rising inflation, unemployment and threatened job security in the modern day times have forced individuals living in modernized cities to rethink the concept of a singular source of stable income. Dissatisfaction with the job itself or the rewards received thereof has further increased the number of professionals venturing into ‘the moonlight’ (Rasdi, 2021) . Not only does working another job cause physical exhaustion but could also lead to a host of Psychological burnout symptoms if continued for a prolonged amount of time. This research aims at evaluating the psychological and organizational contributing factors and consequences of Moonlighting among Private employees in the city of Pune.
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