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September 26, 2021

Given the chance, would you consider working a little less?

How would you feel if your company asked whether you’d like to take every Friday off?

You would, of course, give up 20% of your salary but everything else about your working life would continue as normal. No loss of status and no kink in your career progression. 

Sounds far-fetched? Not in the least, argues Judith Woods in the Daily Telegraph, who maintains that more and more white-collar workers are actually looking to cut back a bit, trading less money for a balanced lifestyle.

'Sounds great, but it would never work for me,' is the quick reaction. And those that don't have a decent job to begin with aren't likely to get too excited. But there are those willing to cut back, Woods argues, highlighting a newly-opened temp service for executives.  

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"For those who would prefer a full-time job, at least working part-time puts them in poll position if there’s an opportunity for additional hours," she says. 

Not that it's an option for everyone, she admits: "But for those who aren’t high flyers on six figure salaries and who need to work full-time to survive financially, the expansion of the part-time jobs market is a source of disquiet rather than delight."

And that seems to be the case for an awful lot of people.

Some argue that the switch to a freelance mentality, where part-time work is farmed out on a piecemeal basis to desperate young workers, is precisely what's wrong with the current economic picture. 

Today, as many as one in eight Canadians hold temporary jobs and there’s no sign that trend is about to slow down.

Are you working part-time? By choice or necessity? Are you happy with the arrangement? 

By Gordon Powers, MSN Money

Photo credit: Karin Lindstrom



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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...