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A full time employee is typically any employee who works for 40 hours or more weekly. On the other hand, a part time employee does not have such a narrowly defined schedule. A part time employee’s schedule can range anywhere from as little as a couple of hours per week to 39 hours per week. The amount of hours is typically at the sole discretion of the employer, and is of course agreed to by the employee when accepting the position. However, when an employee has bargaining power, they are more likely to get the hours that they want. Part time work is both beneficial to the employer and the employee in different aspects. What benefits one party, will tend to not benefit the other. FULL TIME PROS · A full time position means a steady set of hours per week, which gives an employee a sense of stability, both on and off. · An employee will get, and the employer will give whatever benefits the company offers. Most companies offer a variety of benefits such as Medical Insurance, 401K, Educational Assistance, daycare, fitness reimbursements, stock options, etc… · If a person in a full time position works over 40 hours, they will be paid overtime, which is time and a half, the regular hourly rate plus ½ more for each hour over 40. · Salaried employees do not have any set of number of hours like employees who earn and hourly wage, but they will still get paid 40 hours even if they only work 30 hours a week.
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