Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Trying to go Part time from Full Time advice
Old 06-19-2014, 02:38 PM   #1
Recycles dryer sheets
In-control's Avatar
 
Join Date: Mar 2007
Posts: 319
Trying to go Part time from Full Time advice

Hi All,

Seeking your advise. I can retire but was thinking of trying to convince my boss to let me go part time with benefits. I would get 4 day weekends and they would get three days per week with the ability for me to be on-call.

I am going to approach my manager with this later next month but wanted to see if others have done this and if it was successful.

I see setting up a meeting with him and saying.... I am looking to spend more time pursing non work related interests and I would like to propose that I work part-time(25 hrs/week) from full-time. I am willing to be on-call while not working and would be willing to re-asses how this arrangement is working after 3 months. If it is not working I would go back to full time.

If he say's no then I will give him my notice.

What do you think

__________________

__________________
Just Trekking thru!
In-control is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-19-2014, 02:44 PM   #2
Recycles dryer sheets
 
Join Date: Aug 2013
Posts: 349
I think it's a great idea. If that is what you want to do and you are prepared for them saying "no", you cannot lose either way.
__________________

__________________
aim-high is offline   Reply With Quote
Old 06-19-2014, 02:46 PM   #3
Thinks s/he gets paid by the post
gauss's Avatar
 
Join Date: Aug 2011
Posts: 1,712
Do you work for a small operation or a Megacorp? My Megacorp actually had a program buried in the HR manual that was often used by parents.

I basically decided that I wanted to do it, and not worry about any possible negative consequences. I then approached my lead engineer and let him know about my desire and motivation for doing it. Basically got him on board. Then approached my manager. He was a bit taken aback but said that he would take it to his boss. A few months later I got the approval. Worked like a charm while it lasted.

-gauss
__________________
gauss is offline   Reply With Quote
Old 06-19-2014, 05:33 PM   #4
Moderator
MBAustin's Avatar
 
Join Date: Jul 2010
Posts: 4,166
If you have already decided to leave if they say 'no', then you've got nothing to lose by asking. Good luck!
__________________
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather
----------------------------------
ER'd Oct. 2010 at 53. Life is good.
MBAustin is offline   Reply With Quote
Old 06-19-2014, 05:34 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,384
My only added thought is what has occurred to me and may not be applicable to you. I swore I wouldn't do it again, but this year is my last time for PT work. Due to my pension, I only return 50 cents on the dollar for each hour worked accounting for taxes and gas. Very demoralizing to someone who is not a 1% ER. So from now on if I need additional money, I will spend less to get it, instead of working for it.


Sent from my iPad using Tapatalk
__________________
Mulligan is offline   Reply With Quote
Old 06-19-2014, 06:04 PM   #6
Moderator
Ronstar's Avatar
 
Join Date: Aug 2007
Location: A little ways southwest of Chicago
Posts: 9,370
I think it's a great idea also. I did the same thing. It started with Fridays off, then 2 days off, then 3. I agreed to be available by phone and email, and I made sure that I answered phone calls/emails pronto when I was working part time. Now retired, I still have my company phone and lap top. I told them that I would continue to answer their questions as long as they pay my cell phone bill. I have an email or 2 a week that I address.

You should be fine as long as you keep lines of communication open, and be able to delegate tasks when you're not at work.
__________________
Ronstar is offline   Reply With Quote
Old 06-19-2014, 07:30 PM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 16,485
I did something similar. Mine was drive more by not wanting to travel as much as I was so I cut back to 80% and then later to 50% - then to 0%

You should get clarity as to what you mean by "on call". My 80% and 50% time was not defined as specific days as you are proposing, but more as hours over a year so there might be weeks that I would work a lot offset by slower weeks, but the nature of our business is that I was always "on-call".

The problem I found is that the work (mostly conference calls with clients and colleagues) might be a couple hours in the morning or a couple hours in the afternoon and would frequently get "re-scheduled" at the last minute and further screw up my day so I couldn't "get away" for whole days even though I was only 50% time.

My employer decided that 50% of pb4uski's time was better than 0%. In our case we had an established policy/route for part time work.

The only part of your post that seems contradictory is the idea that if it doesn't work out you would go back to full-time. Do you really mean if it doesn't work out you would just leave entirely?

Good luck.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is offline   Reply With Quote
Old 06-19-2014, 08:52 PM   #8
Thinks s/he gets paid by the post
heeyy_joe's Avatar
 
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
Most places you have to work at least 30 hrs to get bennies.
__________________
_______________________________________________
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
heeyy_joe is offline   Reply With Quote
Old 06-19-2014, 09:27 PM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 16,485
Probably true, but at Mega it was anything over 50%. At 50%, my health insurance cost was the same as a FT employee, and most other things were pro rata (vacation accruals, etc).
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is offline   Reply With Quote
Old 06-19-2014, 11:06 PM   #10
Thinks s/he gets paid by the post
MooreBonds's Avatar
 
Join Date: Aug 2004
Location: St. Louis
Posts: 2,091
Quote:
Originally Posted by pb4uski View Post
You should get clarity as to what you mean by "on call". My 80% and 50% time was not defined as specific days as you are proposing, but more as hours over a year so there might be weeks that I would work a lot offset by slower weeks, but the nature of our business is that I was always "on-call".
+100!

What is the nature of your work? When you're "on call", would you possibly get random phone calls that would only last 5 minutes or so to deal with, a few times a day? Something like that, for instance, would be difficult to really live your life around, versus a "call" that would then require you to suddenly set aside 5 hours straight for it. You won't want to be semi-retired...only to spend all day, every day you're not at work ready to drop what you're doing on a moment's notice just to handle a very short-duration task that you would only get paid 1/4 hour for.

Make sure you have minimum time increments you'd get paid for if you handle something while on-call that makes it worth your while. There might be periods where you get no calls....but sure enough, there will be times that you might get high frequency stretches.
__________________
Dryer sheets Schmyer sheets
MooreBonds is offline   Reply With Quote
Old 06-20-2014, 09:38 AM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Apr 2013
Posts: 5,604
Megacorp used to do that, when the recession hit, the answer became No. I too, would be concerned about the oncall. I'm probably jaded, but my experience was oncall ment you stayed with an issue 247 untill resolution or turnover to another area. Can't hurt to ask.
__________________
MRG is offline   Reply With Quote
Old 06-20-2014, 09:50 AM   #12
Full time employment: Posting here.
GalaxyBoy's Avatar
 
Join Date: Jul 2009
Location: The Beautiful Blue Ridge Mountains
Posts: 861
There's always a Dilbert cartoon for any situation.
__________________
GalaxyBoy is offline   Reply With Quote
Old 06-20-2014, 09:59 AM   #13
Dryer sheet aficionado
 
Join Date: Apr 2013
Posts: 34
I went to part-time last August which translates into 75%, so I still retain bennies. I work for a University, so they just moved me to an academic appointment which means that I get a paycheck for only 9 months and have to save for the three months without paychecks. My boss wanted me to have shorter days but have me on site every day. I nixed that idea and insisted on 3 weeks on and one week off. It has worked well, and I am mostly able to pursue my creative interests during my off weeks. That said, the time off has only fueled my desire to be fully unemployed, and I am thinking seriously about retiring for good at the end of this academic cycle (August 15th).
__________________
Wishing is offline   Reply With Quote
Old 06-20-2014, 11:48 AM   #14
Thinks s/he gets paid by the post
zinger1457's Avatar
 
Join Date: Jul 2007
Posts: 1,455
I went to part time (20hrs/wk) during the last six months before I retired full time. I had given my boss plenty of advanced notice (~6 months) of my planned retirement but as the date approached he asked if I would stay on awhile longer. I said I would but only if I could work half time, and he agreed. Whether it will work or not I think depends on what your current job involves. I was involved in a very dynamic fast paced engineering project and going half time made it difficult for me to keep up with everything that was going on. I really didn't enjoy it and with hindsight should have left on my original date or if deciding to stay on and help out for a few additional months should have done it full time.
__________________

__________________
zinger1457 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Thoughts on the transition from full-time to part-time? ER Eddie Life after FIRE 16 03-15-2014 09:12 PM
FIRECalc- Part-time work before full-time retirement nico08 FIRE and Money 8 02-17-2014 11:51 AM
Full time to part time...to no time! WestcoastRN Hi, I am... 13 11-17-2013 02:02 PM
full-time vs. part-time tradeoff WM Young Dreamers 14 01-18-2007 06:39 PM
Where ERF Members WANT to Live (Full/Part time) Danny Other topics 21 11-26-2005 06:20 PM

 

 
All times are GMT -6. The time now is 05:14 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.