I have a friend that does this, has 3 jobs...makes nearly 500k. IMHO, it's not worth the stress though.
Would love the double income though, not gonna lie.
You’d need to vet the fine print on whether working 2 40 hour per week jobs is ok. Not to mention that both jobs may ask more hours of you at any point.
>Duty to Devote Full Time
>The Employee agrees to devote full-time efforts, as an employee of the Employer, to the employment duties and obligations as described in this Agreement.
The template linked above also an option of specifying work hours, so that makes it extra risky from a legal point of view.
And if you're anyone other than a low level drone of course people know who you work for and you're publicly visible.
But these sorts of stories are basically all about people having two full-time tech jobs and time slicing them--including possibly outsourcing some of the work.
ADDED: And maybe it's just a function of the sort of job I have but what are these extremely well-paid jobs where you're some anonymous drone where a wide range of people in the industry aren't very familiar with who you work for.
Employers are dishonest and unethical all the time. Just because the norm is having one employer (to the primary benefit of the employer) does not make it unethical to have 2 jobs.
Having said that, I wouldn't want to deal with the stress of one employer finding out about the other(s).
Depends on your contract, but I think very few companies can legally expect to "own your time" unless you're logging billable hours, or clocking in (hourly wage). If you're logging billable-hours and double billing, yes that IS fraud. Obviously, if you're clocking in, it's unlikely you'll be working two jobs simultaneously, and if you are, it's unethical.
I also see arguments like "some companies do worse to employees". I understand where this is coming from, but this can be used to excuse pretty much any kind of behaviour and just leads to a deleterious environment.