Multiple Income Streams, Still Not Enough

People that have multiple streams of income

Yes

So much productivity, and almost zero ROI

The Prevalence of Side Hustles

have side hustles

I also do catering jobs as a side hustle and I get transport allowance and feeding allowance.

Bunmi (36, Single, 40k)

The Illusion of Financial Security

The idea of multiple income streams is often seen as a path to financial security. However, our survey findings paint a more nuanced picture. While respondents acknowledged the potential benefits of double earnings, many also reported struggling to make ends meet even with several jobs.

This year my company has allowed us dispatchers to take our bikes to the office closer to our house so the cost of transportation I spend has reduced. After sorting all my expenses I don't have any cash to save.

Ini-obong (46, Married, 60k)

Download the
Report

The findings of this report underscore the financial strain faced by employed Nigerians. This highlights the urgent need for innovative solutions, such as earned wage access, to provide financial relief and support the well-being of Nigerian workers.

For a deeper dive into the data and specific figures, refer to the full report:

Turn Insights into Action

Our “State of The Employed” report reveals that 70% of employees lack access to financial support from their employers. With PaidHR’s Earned Wage Access, you can offer your team instant access to part of their salary anytime—at no extra cost to your organization.

Ready to see it in action? Book a demo today.