Work less and have more time for yourself, your children or your housekeeping. In our rapidly evolving society, part-time work is on the rise. More people are taking the plunge, consciously choosing to spend more time at home. Therefore, they're focusing a bit less on income or career. Working part-time, is it for you?
Nearly 44% of wage-earning women work part-time. For men, this amounts to 11.3%. The most popular option is a day at home and four out of five days in the workplace. The numbers do not lie: part-time work is booming. And yet, many doubters still exist who dare not give up their full-time wage, while continuing to dream about more time and less stress. It's not an easy exercise because working part-time has its advantages and disadvantages. Unsure about taking the plunge? We'll lay it all out for you.
- Time. Quality time for yourself, your partner, children of household chores. More time for the things you value, so more time to enjoy them. Simply not having to rush just one morning a week to be on time for the school gate and for work often makes a world of difference.
- The weekend. Part-time employees have more time in the week for household chores or pesky tasks. So weekends can be reserved for what one really wants to do.
Working less means more passion.
- Passion. You have more time to think, clear your mind, develop your talents or to get your projects off the ground.
- Productivity. Research shows that employees who have less time often work more efficiently and are more productive.
- Flexibility. Although, that can also be a disadvantage. Your working hours can be so spread out it feels like you have to work the same amount for lower wages. So safeguard the boundaries well.
- Wages. It's only logical that you'll earn less once you start working less. Be sure to check in advance whether reduced working hours are feasible for you and where to save on costs.
- Holiday hours. Your holiday hours are calculated on the basis of your part-time job. If you work 19 instead of 38 hours, you'll receive half of the holiday hours and, therefore, half the holiday allowance.
- Pension. Choosing to work part-time will affect your pension. Your pension is calculated using the number of days you've worked and your part-time wage. For those looking to retire early, a part-time job will also affect their retirement age.
- Unemployment benefits. If you work part-time and become unemployed, you will not be entitled to full unemployment benefits.
- Sickness benefits. Whether it concerns guaranteed wages or the payment from your health insurance fund, the amount is calculated on the basis of your wages. If you earn less because you work part-time, the amount deposited into your account will also be lower.
- Involvement. You'll be at work less often, so you might miss meetings, company parties or announcements about important decisions. A part-time job may also reduce your opportunities to advance or limit your career.
- Stress. And a better work-life balance. At least, that should certainly be the intention.
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