Some part-time jobs may offer benefits, although this is not the norm. Benefits packages are a great way to attract top talent and boost morale. They can also help reduce employee turnover. Before creating a benefits plan, employers who are considering providing benefits to their part-time workers should carefully consider the costs and benefits of such a move.
Many people today work part-time jobs and balance other income-generating opportunities like creative work or freelancing gigs. A typical part-time job is a minimum 20-hour work week (but not more than 40). Many people find this schedule convenient, especially if they earn decent money from contract work.
It’s hard to find stability without a job that is full-time. In many companies, full-time employees are only eligible for benefits such as medical insurance or dental coverage and a 401 (k) plan. Part-time employees are left to their own devices, paying for low-quality dental and medical insurance as well as trying to save money for retirement. Some large employers offer benefits to part-time employees, a practice that is increasingly common.
What jobs offer the best benefits to part-time workers
Some companies have a reputation for being especially kind to their part-time employees. These 10 companies offer the best benefits for part-time employees.
Chipotle provides part-time jobs with some of the best benefits available. Chipotle offers its part-time employees health, vision, and dental coverage as well as wellness benefits. After one year, Chipotle matches its 401 (k) contributions and gives discounts to all employees. Guild Education offers educational assistance to both full-time and part-time workers. Workers can earn up to 44 credits and save up to 99 % on college costs through this program.
Also read: Top 36 Easy Part-Time Jobs
Part-time Macy’s workers are entitled to health and retirement benefits as well as flexible schedules and on-the-job training. Macy’s employees also receive discounts on all Macy’s products, but the unique benefit may be the chance to participate in Macy’s Thanksgiving Day Parade.
Part-time workers at REI who work for more than 20 hours a week over a 12-month period are eligible for enticing benefits packages. They can select from a variety of medical plans to cover themselves and their dependents. The company pays for most of the cost of the medical plan and for all basic life and disability insurance plans.
Additional options include vision, orthodontia, and long-term care insurance. REI offers its employees a discount program (50 percent off REI apparel and gear, 30 percent off vendor products, and 10% off sales items), Yay Days (1 day off per six-month period for outdoor activities), and challenge grants (to help them achieve goals such as climbing Mt. Everest).
Costco offers hourly part-timers some of the best jobs in the country. Although they must wait 180 days longer to be eligible for benefits than full-time workers (instead of 90), this national wholesaler provides part-time positions with the most competitive benefits. These include a package of health insurance, dental, vision, and a 401(k), with a matching employer contribution. Pretax deductions are made for employee premiums or costs.
Lowe’s Home Improvement provides a variety of benefits to eligible part-time employees, including life, disability, and medical insurance, as well as dental and vision insurance. The company offers learning and development, as well as health and wellness programs.
Staples Plan for part-time workers includes Vision and Dental Benefits as well as Life and Dependent Life Insurance, Accidental Death and Short-Term Disability, and a Retirement Savings Plan.
All Starbucks workers, also known as “partners,” have the right to choose from a variety of coverage options for their medical, dental, and vision plans, life insurance, disability, and accident coverage. The employees may also be entitled to comprehensive health care and dependent care, discounted stock options, 401(k), matching, educational savings, and a time off program.
Starbucks and Arizona State University have formed a partnership that will set a precedent in the fast-food industry. This allows eligible U.S. workers to earn a Bachelor’s Degree through ASU’s online program and receive full tuition reimbursement. All partners get a discount in-store and one pound of free coffee, tea, or K-cups per week, regardless of which benefits they choose. Starbucks offers part-time employees some of the best benefits in the industry.
Kaplan part-time employees who are eligible can access a third-party company that will help them enroll for health insurance, a hospital supplemental plan, life insurance, and dental and vision options. They also have access to disability insurance and prescription discount cards. Kaplan offers discounted or free courses to part-timer employees and their families.
9. Coffee & Bagel Brands
Coffee & Bagel Brands, depending on your eligibility, offer competitive benefits packages including medical, vision, and dental. Employees aged 21 or older who have worked at any franchise for three months are eligible for a 401(k), where the company matches 25 cents of every dollar they contribute. All employees receive a discount on all company-owned stores.
10. Cost Plus World Market
Cost Plus World Market offers a limited benefits plan for eligible part-time employees that includes health and wellness and preventative care services.
Also read: Top 14 Self-Employed Jobs to Start in 2023
Advantages and Disadvantages of Part- Time jobs
Working a part-time job has both benefits and disadvantages. Consider the pros and cons of a part-time job before you decide.
- Flexibility: Part-time Work is great if you want flexibility. You may need extra time to start your own business or you might have a job you’d like to concentrate on. You can earn extra money by working part-time. It doesn’t require the same commitment as a job.
- Less stress: Part-time work is less stressful than full-time employment or running your business. Working fewer hours will mean you are less likely to be asked to do as much work as a full-time employee. You still have to meet your responsibilities, and you must show up on time and perform well.
- Boundaries: Part-time workers have obligations or other jobs outside of the workplace. This makes it easier for them to set boundaries with employers. It’s important to have a plan in place if you want to start your own business.
- Fewer hours: If you want to earn more money, working part-time can help. However, you will get fewer work hours and make less as compared to a full-time worker. Part-time employment is still better than nothing, so it’s a good option if you are in dire need of money.
- Unpredictability: Part-time workers may be treated as substitutes in some cases to fill shifts that are needed at the last moment. It’s not that all part-time work is unpredictable. But it’s crucial to understand the expectations of the schedule before accepting work. Some employers expect part-time employees to be on call even when not scheduled.
- Less opportunity to advance: Part-time employees may not have as many opportunities for advancement in their careers as full-time workers. It’s okay if your main focus is on your business or another career. But if your goal is to advance from a part-time role, it can be difficult to do so in fewer hours.
The advantages and disadvantages of working part-time for different employers will vary depending on your situation and employer. Your experience of working part-time with different employers will vary. Ask plenty of questions about the process during recruitment and onboarding so that you know what to expect. Asking questions is the best way to determine if a position will suit you.
Part-time work can be beneficial
Part-time jobs are not usually associated with generous benefits packages. However, there are companies that do offer them. If you are looking for a part-time job to help you launch your new business, or if you want to offer benefits to your part-time staff, knowing which companies provide benefits can be very helpful.