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FTE to Part Time
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FTE to Part Time
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I have a small group of 3 people who provide customer support for a product line that is declining. Our business has dropped off, so I am now overstaffed. I'm comparing two approaches: pare down to 2
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FTE to Part Time
posted at 7/27/2007 9:13 AM EDT
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Posts: 1
First: 7/27/2007
Last: 7/27/2007
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I have a small group of 3 people who provide customer support for a product line that is declining. Our business has dropped off, so I am now overstaffed. I'm comparing two approaches: pare down to 2 FTEs or change to 3 part-time positions.
I do not like the 2 FTE idea because if one is on vacation and the other is sick, we have no customer support. My company does not typically use part-time employees, so this will be viewed as an odd idea.
At the end of the day, it's the financial analysis that will determine my approach. Does anyone have suggestions or Excel templates for analyzing the difference in costs between FTEs and part-time employees?
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FTE to Part Time
posted at 7/30/2007 5:06 AM EDT
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Posts: 2
First: 7/30/2007
Last: 7/30/2007
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One of the advantages to having part-time employees is that you typically do not offer them benefits (medical, dental, etc.). If you currently offer benefits to your full-time employees, job-sharing using part-time employees is a great way to reduce cost. It may not be popular with the employees though, so communication will be key if you plan to keep the current CS staff.
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