I NEED HELP FAST, PLEASE.
correll dcm
6 Posts
PART TINE/ FULL TIME EMPLOYEES. HOW MANY HAuRS CONSTITUTES AN EMPLOYEE AS BEING CONSIDERED A PART TIME EMPLOYEE? HOW MANY HOURS TO BE CONSIDERED AS A FULL TIME EMPLOYEE?
Comments
20-29 Hours = 50% benefits (Part-Time)
30-39 Hours = 75% benefits (Functionally still Part-Time)
40+ Hours = 100% benefits (Full-Time)
This doesn't always work out, but it is a good place to move from in determining how we handle part-time issues. Because we are very small with few if any part-time employees most of the time, it isn't a problem to have medical benefits work a little differently than sick and vacation accruals. You didn't mention why you needed this so quickly. That might help us all narrow in on how to help.
You can state any number of hours as full time. (Depends upon what your "normal workforce would work".) Most locations say somewhere between 36-40 hours per week is full time. Part time would be anything less than the regular full time. Now benefits are a separate issue.
For your group insurance this should be stated in the Plan. Where I use to work employees were eligible for group insurance if their regular scheduled work was 24 or more hours. My present company it is 32. They pay the same rate as a full time employee (which I have always thought was unfair, but that is the policy.)
For eligiblity for vacation/holiday pay, it is whatever your policy says. Our policy says if you work 32 or more hours you are eligible for vacation and holiday. The amount of time is pro-rated based on the number of hours the person worked the prior year. Also, holiday is based on that as well, but also depends upon which days a week the person works. (May get extra floating holidays to cover the amount of time they receive.)
Eligibility for 401(k) is based on hire date and time employed. Doesn't matter how many hours you work.
Eligibility for Profit sharing is. Must work 1,000 hours during the plan year and would get a percentage based on compensation during the plan year.
Now that I have confused you, what else would you like to know.