Disadvantages of Working Part Time:
1.No job security: Having a part time job often implies no job security and in case of an economic crisis it is most likely that the company is going to let the part time workers go. It is rather unfortunate as just because people work part time that does not imply that they put in less effort. It is a common misconception that those who work part time in a company do not take their jobs very seriously and therefore if they are fired it would not make much of a difference to them. This is in fact one of the chief disadvantages of working part time.
2.No health insurance: Many companies prefer hiring part time workers as this implies that they do not have to provide those employees with health insurance.3 In this day and age where medical treatment costs so much, not having any sort of medical insurance is a huge risk. In case of any medical emergency if you are forced to spend from your own pocket it could cost you a bomb. This is one of the main reasons why having a full time job could be a better option if you are the sole bread winner in your family. Full time workers in most companies get health insurance for themselves as well as their family members who are dependent on them.
3. No retirement benefits: Another big disadvantage of having a part time job is that most often part time jobs offer no retirement benefits. No matter how many years while working part time you have given your dedicated service, it is unlikely that you will receive any retirement benefits. In order to enjoy a happy retired life it is important to make sure that you have some money saved so that in your old age you do not have financial troubles. It is incredibly heart wrenching to see old people working tirelessly to earn a little money in order to make ends meet. Full time jobs are beneficial in the manner in which they offer a number of retirement benefits which ensure that they continue to have a high standard of living even when you are old and unable to work.
4. Less chances of receiving a promotion: It is extremely rare that companies choose to grant promotion to an individual who works part time. In an office, to climb the corporate ladder it is necessary to be at the helm of things and constantly in office or in contact with the office so that you can display your expertise when it comes to acting in an emergency. Part time workers are not at the office all day long so no matter how good they are at their job they may not get a chance to display their talents or skills when necessary.
5. Fatigue: Though their maybe less pressure involved in having a part time job, yet having to juggle various aspects of your life might prove to be a great challenge for some. Having to study and simultaneously work or having to take care of a child along with working part time could easily take a toll on one. Multi tasking is not as easy as it may sound. Having a part time job as well as attempting to manage other things could indeed be tiring. Attempting to concentrate on too many things at one time is not always a positive thing as it could make you ‘Jack of all trades but master of none’.
Working part time has its fair share of advantages as well as disadvantages. Every story has two sides, so if you do choose to opt for working part time you should carefully evaluate each advantage as well as disadvantage. Since each individual has his or her own set of priorities therefore it is up to him or her to decide upon whether to take up a full time or part time job. Just remember that no matter what you choose you should be happy and love what you do.