Discover your dream Career
For Recruiters

Is it ever fine to work part time?

Should employers be asking staff to work fewer hours in a bid to cut costs?

Insurer Medibank Private is shifting 140 full-time staff to part-time positions as part of its merger with an occupational health services firm.

With takeovers also threatening jobs in the banking sector, is downgrading your hours a viable alternative to redundancy?

The Community and Pubic Sector Union doesn't seem too pleased. A spokesman comments: "These are radical plans and far more extreme than Australian companies in legitimate financial trouble."

What do you think of the Medibank move? Is it an innovative, job-saving proposal, or a cynical corporate ploy to slash wages in the midst of a recession? And will larger financial firms be tempted to follow suit?

author-card-avatar
AUTHORAnonymous Insider Comment
  • Ro
    Robert
    2 April 2009

    nice to even have a job

  • Da
    David G
    1 April 2009

    It's not a viable option for front-office revenue generators. The fewer hour they do, the less money they make and the more likely they are to lose their jobs!!!

  • Be
    Belinda
    1 April 2009

    Medi-who? Who cares - only low-level staff will be affected by such plans. If the banks do it, it will for call-centre people and the like.

  • ji
    jinx
    1 April 2009

    It depends on how desperate you are - whether you could get a full-time job elsewhere.

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.