The Nowsta Blog

Management tips and labor market insights to help you run your business

Underemployed: How to Manage Part-time Staff Who Need More Hours

By Josh Burnett November 23, 2018

Every employee needs something a little different to do their best work. That was our thesis when we broke part-time employees down into five categories and provided management tips for each, based on Federal Reserve survey data on why people say they work part-time as opposed to full-time. Over a series of posts, we’re going to take a deeper dive into each category and explore how managers can better manage, motivate, and accommodate each type of part-time employee.

First up: Part-time-staff who need more hours, also known as the visibly underemployed.

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What Motivates Your Part-time Employees?

By Henry Updegrave October 22, 2018

Many businesses rely on part-time workers as a cost-effective, flexible source of labor. But some managers complain that part-timers aren't committed enough -- without the full schedule and benefits that full-time staff get, they worry there simply isn’t enough there to motivate part-time staff to put forth their best effort.

We think that’s a cop out.

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The Future of the Gig Economy: 5 Jobs that Could Be Next

By Henry Updegrave October 15, 2018

In the last couple of years, we’ve seen more and more people participate in the gig economy, taking non-permanent, freelance jobs often facilitated over the internet. While it’s hard to pin down exact numbers, a review of several existing studies conducted by Nation1099 suggests that 11% of the U.S. workforce counts freelance jobs as their primary source of income, while an additional 25-39% have freelanced in the last year for supplementary income. Research from McKinsey suggests that many more workers want to join them and experience the independence that comes from being one’s own boss.

But when most people think of the gig economy, they think of apps like Uber, AirBnb, or TaskRabbit. Nearly all of the jobs available on these apps are one-off, transactional deals conducted between individuals. The work isn’t consistent or high-paying enough to replace a full-time job, which is why companies like Uber say more than half of its drivers work 15 or fewer hours per week.

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What Do Retirees Stand to Gain from the Gig Economy?

By Henry Updegrave October 4, 2018

Most people picture retirement as their Golden Years: a time when they can kick back, relax, and lead the lifestyle of their choosing. The ability to realize that dream, however, is largely dependent on one’s financial situation.

Unfortunately, that situation is bleak for many. In a recent study on retirement readiness, Northwestern Mutual found that 67% of Americans expect to outlive their retirement savings. It’s becoming increasingly clear that many will need to earn supplemental income during retirement to maintain their current lifestyle.

But financially tenuous retirees may have a savior: the gig economy. Millions of Americans are supporting themselves by taking on a steady flow of short-term jobs that allow them set their own schedule and be their own boss. You’ve likely heard of this in the context of apps like Uber and Airbnb. However more traditional jobs in retail and food service, as well as a plethora of opportunities in professional and consulting work, are increasingly being outsourced to independent workers. 

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Helping you become a better manager.