What is the difference between fulltime and part time

Other factors include the benefits and manners of payment, which is whether salaried or paid hourly. And, in that, full-time employees are paid a fixed amount of money, while part-time workers are paid based on the number of hours worked.

Another difference is in the area of benefits enjoyed by both forms of employment. Many people, find part-time jobs very exciting and rewarding for reasons such as the opportunity to learn new skills or earn extra income. Your job is temporary and you can become unemployed anytime. No matter what your reasons are, you need to think before you leap. There are some factors you need to consider before deciding which way to go.

So the following factors are essential when deciding whether a full-time or part-time job will be right for you or not:. Job security really could go either way. What is safe to say is that neither offers significantly more job security than the other. That is ultimately determined by your priorities. Part-time employment may be a better option if you are in school and need to be available for classes throughout the day.

For many companies, part-time work is considered 30 hours or less per week; however, the Fair Labor Standards Act FLSA does not specify the exact hours of full- and part-time employment.

This means some part-time jobs can account for 35 hours per week. Additionally, part-time employees can have varied hours. For example, they may work 25 hours one week and 15 the next. Part-time employees are never salaried employees, meaning they are paid only by the hours they work.

They can work extra hours by picking up shifts or doing additional work during busy times of the year. Part-time jobs give employees the chance to focus on other outside tasks, which is why many students take part-time jobs.

State and local laws vary on providing benefits for part-time employees. Some states may require employers to provide sick leave, paid time off, short-term disability or health insurance to their part-time workers. For example, the Affordable Care Act ACA requires that employees who work 30 hours per week or over hours per month must be given the option to receive health insurance benefits, or the business may risk fines.

How to Find Qualified Employees ]. Therefore, they are provided with more legal protections than part-time workers. Full-time employees can be salaried employees, meaning they receive a fixed payment either weekly or twice per month, based on their annual rate of pay. They can also be paid hourly, working over 30 hours per week. An employer will usually set the hours of a full-time employee and the employee will report to a supervisor within the company.

These employees have guaranteed work , meaning they have a more stable income than part-time workers and contractors. Their compensation at entry level varies but they are eligible for raises and are paid on a schedule rather than only after completing projects.

CO— aims to bring you inspiration from leading respected experts. However, before making any business decision, you should consult a professional who can advise you based on your individual situation. You can read more about what the ACA requires of small businesses here. Although full-time and part-time hour classifications can feel a little murky, some ALEs choose to stick by what the ACA defines as full-time workers to avoid penalties.

Additionally, employers may use other definitions besides full-time and part-time for the purposes of other benefits. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice.

If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor. Justworks helps businesses with their benefits, payroll, and everything else they need to take care of their team. Monthly tips on running a business in your inbox. Thanks for subscribing! Solutions Solutions. Pricing Pricing. Plans Plans. About About. Resources Resources. Justworks Logo. That way, each employee will know what to expect when you hire them to work and where to look for answers to common questions.

Additionally, be sure to update your employee handbook periodically. Review it with long-time employees during a staff meeting and with new hires during the onboarding process. When you do that, there will be no confusion about part-time vs. For more free resources to help you manage your business better, organize and schedule your team, and track and calculate labor costs, visit GetSling.

Employee scheduling made easy Save countless hours each week scheduling your employees while reducing cost of labor. Part-Time vs. Home Scheduling. What Is Full-Time Work? What Is Part-Time Work? A Warning About Part-Time vs. Full-Time Work Schedules Regardless of how you define your part-time vs. Part-Time Vs. Full-Time Pros Of Part-Time Employees Reduced Costs Hiring part-time employees has a direct effect on your bottom line because you will pay less for salaries, benefits, and other expenses.

Flexibility Part-time employees have more flexibility in their schedules. Cons Of Part-Time Employees Commitment Because they only work a few days or hours a week, part-time employees may exhibit less commitment than full-time employees. Knowledge Gaps Part-time employees, by definition, work less than full-time employees. Inconsistent Work Knowledge gaps and lack of experience also lead to inconsistent work.

Productivity Full-time employees are generally more productive than part-time employees. Cons Of Full-Time Employees Payroll Costs Payroll costs for full-time employees will naturally be higher than those of part-time employees. Burnout Full-time employees are also at higher risk of suffering from burnout. Full-Time 1 Overtime Laws Overtime laws for your part-time vs.

Nonexempt employees, on the other hand, meet the following criteria: Paid hourly or on salary Makes at least the federal minimum wage Has less responsibility This type of employee does qualify for overtime.

Full-Time Employees Finding part-time vs. Features of the Sling app include: Powerful and intuitive scheduling Comprehensive time-tracking with geofencing Dynamic reporting Time-saving payroll processing Customizable communication e. Outline Your Policies In Your Employee Handbook Regardless of whether you hire part-time employees, full-time employees, or a combination of both, be sure to list all of this information in your employee handbook.

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