Part time work has experienced something of a rebirth – or at least a rebranding – in the age of the gig economy. Workers looking to start building their savings or to supplement their existing income with extra cash can turn to part time or gig work with ease thanks to a variety of digital “side hustle” platforms such as Fiverr, or monetize their hobbies with marketplaces such as Etsy and Shopify. Even if you’re not keen on working in the digital space, the flexibility offered by part time work is still an attractive option for many.
According to data from Neuvoo.ca, the average part time salary in Canada is $36,332 per year or $19 per hour. This is around 1.1 times more than the median wage of the country. Residents of Saskatchewan and Alberta lead all Canadians in average part time salary expectations, at around $39,000 per year. There is a fairly large discrepancy in these expectations from province to province: Manitobans working part time average about $29,000, while Prince Edward Island residents fall to the bottom of the expected part time earnings ranking at $22,000.
If you’re looking to start out part time, what jobs are the most lucrative? In many cases, especially with “gig” work where the responsibility to find new clients falls on your own shoulders, this can depend greatly on the willingness to seek out new work, hustle hard, and optimize your time-to-earnings ratio. However, here are a few suggestions:
Video and Website Building
If you’re a creative type with the right skill set and software, freelance work to design videos and websites can be highly rewarding. Marketers know that video is one of the most effective channels with which to reach their audiences, and many clients will pay between $100 to $3,000 per project, depending on the scope. With the right discipline, you may even be able to parlay your portfolio of freelance digital media work into a full time position with an agency.
Are you a master of languages? Grew up speaking or studying one of the many languages outside of Canada’s two official mother tongues? Translators earn quite a bit compared to many other part time positions, with a national median hourly wage of over $25. The educational requirements and standards may be fairly high, but if you can prove your skills, you’re likely to be able to find work.
Working as a driver for firms like Uber or Lyft requires investing in the ownership, insurance and maintenance of a vehicle, but doing this work part time can be some of the most financially lucrative that you can find. On average, rideshare drivers earn between $15-$30 per hour, though this depends on the city in which they work. Larger metropolitan areas tend to offer the best opportunities for part time drivers, and some cities (we’re looking at you, Vancouver) have yet to open their roads to ridesharers.
Love animals? There’s a booming trend in personal spending on pet care, pet boarding, and other luxuries for the animals we welcome into our lives. As such, the part time field is booming with entrants in such fields as pet sitting (caring for someone else’s pet while they are not around,) dog walking, and so forth. Your earnings will depend on whether you work as a sole proprietor or as the employee of a business that specializes in the pet industry, and there are specific permits required to work with pets in many cities. However, the average rate for a group walk for dogs is between $15 and $18 per visit. A good dog walker can make up to $60,000 a year according to some estimates.
These are just a few of the more in-demand part time sectors that have emerged in recent times. With research, due diligence and innovation – as well as the caution necessary to avoid being exploited for your efforts – you can build toward new financial goals in the part time space in whatever way suits your whims, skills and schedule.