A potential new way to achieve your sea change dream
‘But I couldn’t afford to live on a part-time wage,’ is an understandable response to the idea of trading a full-time, seemingly secure, 38+ hour a week, 48 weeks of the year, type job for a better lifestyle.
However, the world is rapidly changing and part-time work offers unlimited choices for those who want a financially viable, more fulfilling, less stressful way of living. Job share, contract, freelance, volunteer, permanent and casual options are just some of the ways you can now work part-time.
Why Work Part-time?
With so many employers downsizing and thousands of people joining the redundancy pile each month, you’d be forgiven for gritting your teeth and hanging on tight to your full-time role. Yet economic downturns increase part-time work opportunities, as employers seek a more flexible way to survive. They also generate a whole new range of micro business opportunities for entrepreneurs who are prepared to do things differently.
Googling ‘part-time job’ returns nearly 2 billion results, showing there’s no shortage of work for those willing to trade increasingly flaky full-time job security for flexibility.
What Part-time Work Could Offer You:
1. Greater freedom to work when you want – not being restricted to the Monday to Friday peak hour commute creates more time and energy to do what you really want.
2. Potential to earn more, if you want – combining two or more part-time jobs can actually increase your income, depending on what you do. For Matt, a former full-time journalist with a local newspaper, combining freelance writing and editing increased his income by 15% within the first year, whilst working fewer hours.
3. Opportunity to transition to the lifestyle you want – one of my clients took a 25 hour week job for 2 years while he set up a ‘farm gate to market’ organic food business that’s now thriving. This paid the bills whilst creating time and flexibility to lay the foundations for his new lifestyle.
4. Work in an industry or field that really interests you – a part-time job could provide access to a whole new line of work. Transferring from the corporate banking to non-profit sector, another of my clients took a part-time, marketing job with a well known children’s charity. Nine months later she became the Director of Fund Raising, loves her work and can’t imagine ever going back to a 60+ hour week corporate job.
5. Increased security – With two or more part-time jobs, you always have one to fall back on if the other doesn’t work out or comes to an end. While you may need to be more organised to make a dual job arrangement work, it does provide ready access to a wider network of people and more opportunities.
6. The chance to slow down – if you’re raising small children, transitioning to retirement or simply wanting to change your lifestyle, part-time work provides an easier way to integrate work with the rest of your life. The right job can provide professional fulfilment, a steady income and a wider circle of relationships, whilst still leaving time for the other important parts of your life.
7. Variety and travel – using what you know and targeting a specific industry or profession can create diversity and the opportunity to travel.
With over 25 years HR management and business experience with ASX 100 companies, Emma built an enviable reputation that enabled her to become a professional non executive board director. Currently on the board of 4 different multi-national companies, she participates in government think tanks; guest lectures and passionately advocates the role of women on boards.
She enjoys regular overseas travel and combines her part-time roles with life on her farm, 25kms from Byron Bay. Although diverse, she says the pace is actually slower and more controllable than when she was a full-time executive with one company.
Sure, there are downsides to part-time work, but if you plan carefully, know how much you actually need to earn and are prepared to be flexible, the upsides are potentially far greater.
If you’d like to explore potential part-time options that will tick all your boxes, contact me today. You may be surprised about what’s actually possible for someone with your skills, expertise and background.