Part-time Versus Full-time (Cambridge (CIE) O Level Business Studies)

Revision Note

Written by: Danielle Maguire

Reviewed by: Steve Vorster

Businesses can employ workers on a variety of employment contacts including part-time and full-time
- Part-time employment is often considered to be between 1 and 30 hours a week
- Full-time employees will usually work 35+ hours a week
Flexible working is the development of a culture where workers are able to work in a range of employment patterns (full-time, part-time, zero hours contracts, work from home etc)

The Impact of Full-time Contracts on a Business

Advantages	Disadvantages
Full-time contracts encourage loyalty to the business from employees Having a stable and consistent workforce reduces the need for frequent hiring Full-time employees are often more motivated, leading to higher levels of productivity	Providing benefits and a steady salary to full-time employees is more expensive than hiring part-time or contract workers Full-time employees may be less flexible with working hours which can be a challenge in industries with fluctuating workloads If business demands fluctuate, having a full-time workforce may lead to overstaffing during slow periods

The Impact of Part-time Contracts on a Business

Advantages	Disadvantages
Part-time contracts can help businesses attract and retain staff who value work-life balance Productivity may improve as staff feel valued, having been given the option of working part-time Can enhance workforce flexibility as it may be easier to schedule employees to work at busy times Low business costs if the worker is only needed for part-time hours	Part-time contracts can create challenges in terms of communication and collaboration Monitoring and managing part-time workers can be challenging E.g. an employee may be absent from a weekly meeting regularly as it is their day off It may be harder for part-time employees to be promoted as they have less opportunity to gain the skills needed Part-time employees may be less committed to the business and may be more likely to leave to get another job

Advantages

Disadvantages

Part-time contracts can help businesses attract and retain staff who value work-life balance
Productivity may improve as staff feel valued, having been given the option of working part-time
Can enhance workforce flexibility as it may be easier to schedule employees to work at busy times
Low business costs if the worker is only needed for part-time hours

Part-time contracts can create challenges in terms of communication and collaboration
Monitoring and managing part-time workers can be challenging
- E.g. an employee may be absent from a weekly meeting regularly as it is their day off
It may be harder for part-time employees to be promoted as they have less opportunity to gain the skills needed
Part-time employees may be less committed to the business and may be more likely to leave to get another job

Last updated: 23 October 2024

the (exam) results speak for themselves:

Did this page help you?