There are all different types of jobs, and whichever one you choose could have a significant impact on your life. For those wondering whether they want to go full-time or part-time, we’ll be weighing the pros and cons of both sides. Keep reading to find out what the best fit for your lifestyle would be!
It’s all about those employee benefits! Having incentives like paid sick leave, vacation days, and health insurance coverage are pretty sweet. Insurance is costly; in 2018, the average monthly premium in Massachusetts ranged from $600 to $1,700! On an annual basis, that’s several thousands of dollars coming out of your pocket. On top of saving these expenses, you have the opportunity to earn more money, compared to someone who’s being paid the same amount and working for half as long as you are. From a personal perspective, there are benefits too. Employers can sometimes perceive full-time workers as more loyal, because they “dedicate” more time to them and the company than other groups, like part-time workers and freelancers. Thus, you’ll probably have more opportunities for growth.
Obviously, you won’t have as much flexibility if you decide to be a full-time worker. For instance, part-time people can either arrive at the office later or leave earlier, because they only have to work 20 hours. If they wanted to pick up their kids from school or take care of their pets, they could easily do so by planning out when they’ll come in or go. Full-time personnel will be staying in the building for the entire day. Some companies will offer an early come, early go option, but you still have to work 8 hours. It’ll probably be harder to obtain an ideal work-life balance. As a whole, choose full-time if you want financial stability and don’t have a lot of family responsibilities.
The most significant advantage of working part-time is, you guessed it, the extra time you have. Ever wanted to learn knitting? Folding origami? How about just sitting down and reading an excellent book? Working part-time will allow you to do any of those. If you’re a family person, you can drop your kids off at activities and play with them when they get home. Studies demonstrated that part-time workers have more time to take care of themselves, from hitting the gym to catching more zzzs. From a financial perspective, you won’t earn as much as a full-time worker being paid the same hourly amount. However, note that part-time employees can earn more than a full-time worker by taking on another job or freelancing gigs, which will combine with their other stream of income.
Of course, you won’t have benefits reserved for full-time workers, like health insurance coverage, vacation days, or paid sick leave, so if anything happens to you, you’ll have to shell out money from your own pocket. Since you’re not always there, like full-time employees, it’ll be harder to form meaningful connections with coworkers in your office and department. This means fewer networking opportunities and fewer chances for career growth. Employers probably won’t assign you high-profile assignments, or projects that include full-time workers.
If you’re stuck between these two choices, we hope these tips can help you make a final decision. Are you interested in working part-time or full-time? Tweet us and share! For more helpful content, check out our blog.