Furloughs. Hiring freezes. Layoffs. Since March 2020, the coronavirus pandemic has had a major impact on the economy. Glassdoor reports that between March 9 and April 6, 2020 U.S. job…
Last week’s Jobs Report cited an increase in unemployment to four percent, up from the 18-year low of 3.8 percent reported last month. The Job Openings and Labor Turnover Summary came out July 10 and showed for May 2018, there were 6.6 million job openings as of May 31 – matching the number of unemployed persons for June as reported by the Bureau of Labor Statistics. Both reports and the statistics indicate a tight labor market.
Still, even a 1:1 ratio of jobs to unemployed doesn’t mean skills match evenly. U.S. businesses with unfilled positions face production, service and growth challenges.
Businesses need to get creative and consider all options to solve this workforce challenge. Permanent part-time employees – those who are employed by a company to work an amount of time less than a full-time staffer – are an option.
The difference between a permanent part-time employee and a regular or temporary part-timer is the permanent part-timer receives benefits. Although the benefits are typically accrued at a slower rate than a full-time employee, benefits for a part-time position are an attractive selling point for a prospect.
Examples of workers who may be good candidates for permanent part-time work include:
The Lee Group believes part-time workers – permanent, temporary, or temp-to-perm – can add cost-efficient value to a business.