Side gig consultancy

[rollling30]

Does anyone do this, or have colleagues who do? Its not very common in my work but im considering it recently.

Check your university’s regulations about consultancy. Mine has some boundaries about time, fees, use of university name and resources (even letterhead etc).If you’re 1.0 FTE then you do need to be aware of these regs.

you need to declare it

Can you say more? I have all sorts of academic side hustles. I know as consultant my uni wants a cut...but in Humanities unsure of what that means.

I'm a consultant on occasion (my research approaches policy rather than industry so usually in that area). We have a form to fill in, ask HoD permission, and say how long it will take. I'm 0.8 FTE so I usually say if it's over about 3 days I'll do one of them on my non-working day.

I channel my consultancy pay into a research pot for travel, fieldwork etc. Thus avoiding tax.

DP and I are both academics and both do consultancy on the side. It can be a very nice little earner.
Your university will have rules about how much consultancy you're allowed to do.
They'll also want to take a cut of it which can vary depending on how you get the money paid to you.
They can refuse your request to do consultancy in the first place.
They can also refuse your requests to have the consultancy fee paid as salary.

This is, of course, if you opt to actually do consultancy through the university rather than just privately invoicing clients for your consultancy services 😏

My university doesn't take a cut and they were very confused that I wanted it as a research pot but they have worked out how to do it now (as opposed to salary which would be taxed).