This is, in fact, a premimum.
And it does work well.
Computer professionals are too busy and the work is too intense to get 2 jobs. Also, if one were to commute between two jobs there would be hugh inefficiencies. The stress of trying to 'serve two masters' and the difficulty of finding reliable, consistent programming work that people can wait until after hours to have a programmer on site (for 10 to 20 hours per week) all must be figured in.
The average programmer, wanting to make an additional $25,000 per year...even if he went hourly at $100 per hour needs 4.8 hours of work per week. However, how long would it take him to find that work? How much of that time would need to be during regular business hours? What about people who didn't pay? How can you find that many little jobs?
How many 5 hour per week $100 per hour programming jobs do you know of?
How many programming jobs are only development? ESPECIALLY little shops and little jobs...require support.
Of course, there is
www.rentacoder.com, but, ooops! there you go again...competing world wide...you will be darn lucky to reliably and consistently earn $100 per hour...and you just plain are not going to do it every single week.
So, working for me takes all the guess work out. You get paid. You get paid every week. You don't have to market yourself.
But, guess what? Not having to do all that stuff means you don't get to get paid 150% of your salary for the 150% of the hours.
My goodness, I just don't understand the philosophy of the American worker! This goes right back to my point.
If you do it for yourself, you're entitled to 100% of the fruits of your labor. But most people can't do it for themselves...they want the 150% pay...but they have no idea how to connect all the dots to do it. Most people in this world have only one realistic choice...earn 100% and deal with it.
I give people the choice of making 125%. Yes, I take 25% for making the other 25% easy for them. It's called a win-win. To do as you suggest would be a win-lose.
BTW, of the 25% I make on that, most of it gets plowed right back into the company to create new jobs. That's called a win-win-win.
If nothing else, today has solidified my opinion: There was a time in America when people were so happy to have a job that they would work extra just to keep it. The good companies rewarded employees for that and grew more successful. The bad companies took advantage of the employees went out of business.
Over the last 60 to 80 years, Americans have had it pretty good. Starting in the 70's many people found out that if they could figure out what "MOV B,A" means, they could make $100,000 per year in today's dollars.
Many grew lazy and aloof and decided that they didn't have to work hard...just be smart and use their above average intellegence. By 1996 there were people at the Coca-Cola company who were at the junior-executive level with total compensation over $130,000 per year...working six hours per day, and receiving stock options because they could figure out what was wrong with, "if (c = 3)" in a c++ program.
About that time, India figured out that they could teach people the difference in (c = 3) and (c == 3) and send them here and these people could come to America and make $60,000 a year and then go back to India and live like a king!
Right there is a no brainer for American Business. Why not get the same thing for half price?
But there was another storm brewing. These Indians, and Chinese, and Korean, etc. people were so thrilled to be here and working, and so grateful, that they decided to work even harder. Now the American boss is faced with the guy from China working 12 hour days, earning 60,000...sitting right next to the guy from Dallas...working 7.7 hour days, making over $100k.
Hmmm...hard decision what he wants when it's time to hire the next programmer....
By the way, the American guy has an attitude. No @#$% boss is going to run my life...I'll do what I want when I want. If I have to go the the doctor, I'll schedule it during working hours because this $%&^ job isn't going to cut in to my personal life. He also seems to get sick a lot. He's out 3 times in his first three months. In fact, he was sick his second day after becoming an employee (and therefore paid for sick leave). He wants vacation before he's even been working for 3 months. Oh yeah, he has a closing on his new house on Friday...he will be out half the day (which inevitably turns in to all day as he calls from his cell phone and says he can't make it back.) He seems to always be sick on a Friday or Monday. Gee, that sure is weird. Also his dentist appointements seem to be on Friday afternoon...1pm...but he gets held up and can't make it back to work.
Meanwhile, the guy from China never misses a single hour of work in a year. Not one sick day...not one appointment. He is on time every day and works late every night. There isn't anything else to say, or rant, about. When he is supposed to be there he is. Even when he could leave, he is most often working late.
Who would you hire?