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5 Cards in this Set
- Front
- Back
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Full-time work
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Full time employment is classified as working 35 or more hours a week
Advantages: - Higher income - Steady flow of income - Non-wage benefits (such as paid holiday leave, maternity leave, sick leave, long service leave) - Job security Disadvantages: - Have to work more hours per week, results in less time for personal things eg. hobbies and family -Fixed Schedules |
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Part-time work
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A part time job is one that employs you for less than 35 hours per week
Advantages: - Still working regular days and hours but less than full time workers. - Still receives entitlements but on a proportional basis (pro rata - equivalent entitlements in proportion to the work you do) - Easier to get part-time jobs as opposed to full time work. - More flexibility comes with part-time jobs. Disadvantages: - Less pay for part-time jobs as opposed to full time work. - Does not receive a loading given to casual workers (a loading is extra pay on top of full time rate (often up to 20%) to compensate for the lack of access to entitlements for casual workers) - No fixed income |
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Casual work
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A casual job is a job with no set or irregular working hours
Advantages: - Paid a loading to compensate for no entitlements. - Flexibility to agree or refuse to work at particular times - More social and personal times available Disadvantages: - Does not receive a range of entitlements - Lack of job security for casual workers |
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Self-employed work
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Workers who operate their own businesses
Advantages: - Freedom to work where you want to and when you want to. - Some tax advantages to self-employment - Being responsible for the business, having control over the business. Disadvantages: - No guaranteed income each week, results in lack of job security. - You have to pay for all your own entitlements (eg. if you are sick, you earn no money) |
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Voluntary and unpaid work
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No monetary transaction happens and is out of willingness to help others.
Advantages: - It is an essential role in society - It can be good experience Disadvantages: - Has no income - Might not be enjoyable |
