Employing and training workers on a part-time basis is as much beneficial to the company as it is to the person recruited. The trend has gained popularity majority because of the favors it offers to workers. For instance; workers on part-time employment, unlike their full-time counterparts, enjoy the flexibility in their schedules. This friendly environment has contributed to rise of job seekers targeting part-time job opportunities. According to the United States Bureau of Labor Statistics, 18% of the workforce in the United States by 2001 consisted part-time workers (Scott, 6). Providing training full benefits to such workers is costly and illogical. However, training them is vital maintaining the company's performance and providing quality products to consumers
Benefits to the company
The main advantage of recruiting workers on a part-time basis that you did not mention is that it allows the company to bring in highly skilled and experienced staff members with a limited budget that would not accommodate a full-time worker. With vital experience upgraded and skills in the company, training needed on such employees is minimal and less costly. Better still; the business can compete better in the relevant market.
Low costs incurred in terms of monetary compensation are every business' target because profits are consequently increased. With the retirement of staff, the trained part-timers can fill the gaps and adapt fast and execute the duties. Chapman Elwood, in his book Human Relations in Small Business, notes that part-timers, working fewer hours, are often paid up to half of what full-timers on the same job would demand. Their training, therefore, cannot match the cost of training the full-time workers.
Benefits to individuals
When one parent, especially the mother, is on part-time employment, there is more time available to spend with and raise her children. The other partner can remain on full-time employment that is not only more secure than part-time employment but also reaps benefits such as pension and long term contract. Training the worker will give them the necessary skills relevant to the company yet with low income paid. These skilled laborers go a long way in helping the company to achieve the objectives in less time than with only full-time employees.
Cost
With full benefits such as pension and insurance, two part-timers working in place of one full-time worker will cost the company twice the cost in terms of compensation. Scott Clark, in Part-Time Employees, Can Be a Smart Solution asserts that, to most businesses, even though the main salary might be lower than a full-time worker, 2 part-time employees' full benefits will push the cost higher than what is needed to pay one full-time worker.
