SlideShare a Scribd company logo
1 of 24
A look at Part Time Employment Trend
as a potential Staffing Opportunity
**Fitting Spot
Staffing Services
By Shilpa Bhadsavle
UW Data Visualization Certificate Program
Final Project, Aug 2015
**Company Name Fictitious
 Part Time Employment is increasing in the United States,
possibly because of the Affordable Care Act mandate
 34 hr. per week or less
 Can we explore Data on Part Timers as a potential
– ‘Niche Market’ - for staffing skilled workers?
 Can we find out what will be a cost to employers per hour
worked by part time employees?
 Can we rank the regions in the US by their share of total US
wages?
Overview
 Google, Indeed Search term Trends
 Bureau of Labor Statistics (BLS)
 Bureau of Economic Analysis
 National Bureau of Economic Research (NBER)
What data will be useful?
 Look at National Trend up to 2015
 Current Data on Part Time Workers
 Compare Compensation costs for hiring Part Time vs Full
Time (use most current data)
 Locate regions showing job gains
 Create a story point recommendation
Use Cases
Personas
Name: Janet Burke
Age: 54
Occupation: Home goods Retail Worker, Brickford Retail
Goals: Wants to pay off her mortgage and save for retirement
Hobby: Birdwatching
Name: Chris Athanas
Age: 28
Occupation: Graduate Assistant, School of Geodesy, Parsons College
Goals: Start a community garden in inner city
Hobby: Creates mobile apps, loves to ride bicycle
Name: Monica Garcia
Age: 46
Occupation: Dental Hygienist, San Diego Dental Group
Goals: Wants to be a soccer coach, Plan for her Mother’s Nursing home, Visit Portugal
Hobby: No time for hobbies, Keep clean home.
Part Time Workers Vary In Skill Levels, Education Levels, and
Age Group….
Will They Use Staffing Service?
****All personas are fictitious, created with images freely available on the web
 Historic Full Time or Part-
Time Trend
 Cost to Employers per hour
worked by employees
 Current Growth areas (last
10 years) by rank and %
Growth of employment in
those areas.
Goal KPIs
 Come up with
Employment Sectors to
target as a potential
staffing market, where cost
to clients can be kept low
 Locate regions where
those target sectors are
growing to know where
skilled workers are
So… How Is ‘Part Time’ trending anyway?
So… How Many Times ‘Part Time’ appeared on Job Opening Titles?
How have Part Time Workers worked historically?
Is Part Time employment expected to grow?
Answer: It is likely to stay high; not recover to pre-recession level
So… What is the current (2014-2015) composition of a typical Part Time Worker?
Answer: They are mostly Women who earn a tad bit higher than Men!
They are mostly White, but in terms of earnings, Asians and Hispanics are
catching up.
Age 25 and over dominate in numbers and earnings among Part Time workers
What is the biggest cost in hiring part time worker Vs. hiring full time worker?
Answer: Its the legally required benefits; not insurance
Source: March 2015 BLS. (http://www.bls.gov/news.release/ecec.t11.htm)
What sectors should be used as Target for staffing?
As per U.S. Bureau of Labor Statistics report,
employer costs for employee compensation
averaged $33.49 per hour worked in March
2015, the Wages and salaries averaged $22.88
per hour worked and accounted for 68.3% of
these costs, while benefits averaged $10.61 and
accounted for the remaining 31.7%.
If current data on part time workers show wages
and benefits more than target wages and
benefits, then those sectors can be used for
staffing.
**** These numbers vary slightly by region
Full Time Vs Part Time For Management Professions
% Cost: Full Time Benefits &
Wages
% Cost: Part Time Benefits &
Wages
Full Time Vs Part Time For Office and Administration Professions
% Cost for Full Time Benefits & Wages % Cost for Part Time Benefits & Wages
Full Time Vs Part Time For Production Transport and Material Moving Professions
% Cost for Full Time Benefits & Wages % Cost for Part Time Benefits & Wages
Full Time Vs Part Time For Professional Services and Related Services Professions
% cost for Full Time Benefits & Wages % cost for Part Time Benefits & Wages
Full Time Vs Part Time For Sales and Office Administration Professions
% Cost for Full Time Benefits & Wages % Cost for Part Time Benefits & Wages
So… What regions show large share of wages in the United States?
Answer: They are Southeast and Mideast.
Are Southeast and Mideast regions also showing growing trend?
Answer: Actually, Southwest is gaining jobs and growing, followed by Far West.
Growth in Southeast and other regions is a bit flat or slowing.
Conclusion
Fitting Spot has an opportunity to open a
staffing service in sectors that have
Management, Professional, or Sales part
time jobs in companies (that are small
enough that they do not need to
comply with ACA mandate, and yet
pay industry standard wages in these
sectors).
Such a service is likely to find talent in
Southwest and Far West regions for
staffing service.

More Related Content

Viewers also liked (8)

redes sociales
redes socialesredes sociales
redes sociales
 
Explorando a calculadora nos anos iniciais: A aprendizagem de propriedades d...
Explorando a calculadora nos anos iniciais: A aprendizagem de  propriedades d...Explorando a calculadora nos anos iniciais: A aprendizagem de  propriedades d...
Explorando a calculadora nos anos iniciais: A aprendizagem de propriedades d...
 
Conceptos y relaciones básicos en Economía
Conceptos y relaciones básicos en EconomíaConceptos y relaciones básicos en Economía
Conceptos y relaciones básicos en Economía
 
Women’s Health Portugal – Nº 5 Julho/Agosto (2015)
Women’s Health Portugal – Nº 5 Julho/Agosto (2015)Women’s Health Portugal – Nº 5 Julho/Agosto (2015)
Women’s Health Portugal – Nº 5 Julho/Agosto (2015)
 
Josh C. Issues in Africa
Josh C. Issues in AfricaJosh C. Issues in Africa
Josh C. Issues in Africa
 
El relieve de asia alan
El relieve de asia alanEl relieve de asia alan
El relieve de asia alan
 
Tema 0
Tema 0Tema 0
Tema 0
 
Oceania
OceaniaOceania
Oceania
 

Similar to Insight on Part Time Employment Trend in the United States

Job Board Summit presentation
Job Board Summit presentationJob Board Summit presentation
Job Board Summit presentation
Randle Reece
 
Boardroom recruiting report webinar
Boardroom recruiting report webinar Boardroom recruiting report webinar
Boardroom recruiting report webinar
Recruitment Process Outsourcing Association
 

Similar to Insight on Part Time Employment Trend in the United States (20)

The Hiring Hype Cycle: What Recruiters Should Really Care About
The Hiring Hype Cycle: What Recruiters Should Really Care AboutThe Hiring Hype Cycle: What Recruiters Should Really Care About
The Hiring Hype Cycle: What Recruiters Should Really Care About
 
Freelancing in America: 2017
Freelancing in America: 2017Freelancing in America: 2017
Freelancing in America: 2017
 
IT Recruitment
IT RecruitmentIT Recruitment
IT Recruitment
 
Lmi Demystify62910
Lmi Demystify62910Lmi Demystify62910
Lmi Demystify62910
 
6 Surprising Hourly Job Seeker Insights | Snagajob
6 Surprising Hourly Job Seeker Insights | Snagajob6 Surprising Hourly Job Seeker Insights | Snagajob
6 Surprising Hourly Job Seeker Insights | Snagajob
 
Job Board Summit presentation
Job Board Summit presentationJob Board Summit presentation
Job Board Summit presentation
 
Boardroom recruiting report webinar
Boardroom recruiting report webinar Boardroom recruiting report webinar
Boardroom recruiting report webinar
 
SpineSearch who's got your back Nurse Practitioner & Physician Assistants
SpineSearch who's got your back Nurse Practitioner & Physician AssistantsSpineSearch who's got your back Nurse Practitioner & Physician Assistants
SpineSearch who's got your back Nurse Practitioner & Physician Assistants
 
First Friday October 2014
First Friday October 2014First Friday October 2014
First Friday October 2014
 
China compensation benchmark: A survey of salary, taxes & benefits
China compensation benchmark: A survey of salary, taxes & benefitsChina compensation benchmark: A survey of salary, taxes & benefits
China compensation benchmark: A survey of salary, taxes & benefits
 
Webinar- Pay Transparency Legislation Series, Ep. 3: Preparing to Publish Sal...
Webinar- Pay Transparency Legislation Series, Ep. 3: Preparing to Publish Sal...Webinar- Pay Transparency Legislation Series, Ep. 3: Preparing to Publish Sal...
Webinar- Pay Transparency Legislation Series, Ep. 3: Preparing to Publish Sal...
 
Webinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislationWebinar - How to set pay ranges in the context of pay transparency legislation
Webinar - How to set pay ranges in the context of pay transparency legislation
 
The Impact of the Current Economy on Compensation Management
The Impact of the Current Economy on Compensation ManagementThe Impact of the Current Economy on Compensation Management
The Impact of the Current Economy on Compensation Management
 
Staffing Industry CoVenture Industry Deck
Staffing Industry CoVenture Industry DeckStaffing Industry CoVenture Industry Deck
Staffing Industry CoVenture Industry Deck
 
Lmi Orientation Pyc0311new
Lmi Orientation Pyc0311newLmi Orientation Pyc0311new
Lmi Orientation Pyc0311new
 
FirstFridayPreview October 2014jims
FirstFridayPreview October 2014jimsFirstFridayPreview October 2014jims
FirstFridayPreview October 2014jims
 
The Teamlease Jobs and Salaries Primer
The Teamlease Jobs and Salaries PrimerThe Teamlease Jobs and Salaries Primer
The Teamlease Jobs and Salaries Primer
 
US Staffing - Sumit
US Staffing - SumitUS Staffing - Sumit
US Staffing - Sumit
 
US IT Recruitment
US IT RecruitmentUS IT Recruitment
US IT Recruitment
 
China recruitment challenges chinese executive search headhunter head hunter ...
China recruitment challenges chinese executive search headhunter head hunter ...China recruitment challenges chinese executive search headhunter head hunter ...
China recruitment challenges chinese executive search headhunter head hunter ...
 

Recently uploaded

obat aborsi Tarakan wa 081336238223 jual obat aborsi cytotec asli di Tarakan9...
obat aborsi Tarakan wa 081336238223 jual obat aborsi cytotec asli di Tarakan9...obat aborsi Tarakan wa 081336238223 jual obat aborsi cytotec asli di Tarakan9...
obat aborsi Tarakan wa 081336238223 jual obat aborsi cytotec asli di Tarakan9...
yulianti213969
 
如何办理(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单本科硕士学位证留信学历认证如何办理(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单本科硕士学位证留信学历认证
acoha1
 
Simplify hybrid data integration at an enterprise scale. Integrate all your d...
Simplify hybrid data integration at an enterprise scale. Integrate all your d...Simplify hybrid data integration at an enterprise scale. Integrate all your d...
Simplify hybrid data integration at an enterprise scale. Integrate all your d...
varanasisatyanvesh
 
Abortion Clinic in Kempton Park +27791653574 WhatsApp Abortion Clinic Service...
Abortion Clinic in Kempton Park +27791653574 WhatsApp Abortion Clinic Service...Abortion Clinic in Kempton Park +27791653574 WhatsApp Abortion Clinic Service...
Abortion Clinic in Kempton Park +27791653574 WhatsApp Abortion Clinic Service...
mikehavy0
 
如何办理澳洲拉筹伯大学毕业证(LaTrobe毕业证书)成绩单原件一模一样
如何办理澳洲拉筹伯大学毕业证(LaTrobe毕业证书)成绩单原件一模一样如何办理澳洲拉筹伯大学毕业证(LaTrobe毕业证书)成绩单原件一模一样
如何办理澳洲拉筹伯大学毕业证(LaTrobe毕业证书)成绩单原件一模一样
wsppdmt
 
Abortion pills in Riyadh Saudi Arabia (+966572737505 buy cytotec
Abortion pills in Riyadh Saudi Arabia (+966572737505 buy cytotecAbortion pills in Riyadh Saudi Arabia (+966572737505 buy cytotec
Abortion pills in Riyadh Saudi Arabia (+966572737505 buy cytotec
Abortion pills in Riyadh +966572737505 get cytotec
 
Huawei Ransomware Protection Storage Solution Technical Overview Presentation...
Huawei Ransomware Protection Storage Solution Technical Overview Presentation...Huawei Ransomware Protection Storage Solution Technical Overview Presentation...
Huawei Ransomware Protection Storage Solution Technical Overview Presentation...
LuisMiguelPaz5
 
如何办理(Dalhousie毕业证书)达尔豪斯大学毕业证成绩单留信学历认证
如何办理(Dalhousie毕业证书)达尔豪斯大学毕业证成绩单留信学历认证如何办理(Dalhousie毕业证书)达尔豪斯大学毕业证成绩单留信学历认证
如何办理(Dalhousie毕业证书)达尔豪斯大学毕业证成绩单留信学历认证
zifhagzkk
 

Recently uploaded (20)

DBMS UNIT 5 46 CONTAINS NOTES FOR THE STUDENTS
DBMS UNIT 5 46 CONTAINS NOTES FOR THE STUDENTSDBMS UNIT 5 46 CONTAINS NOTES FOR THE STUDENTS
DBMS UNIT 5 46 CONTAINS NOTES FOR THE STUDENTS
 
DATA SUMMIT 24 Building Real-Time Pipelines With FLaNK
DATA SUMMIT 24  Building Real-Time Pipelines With FLaNKDATA SUMMIT 24  Building Real-Time Pipelines With FLaNK
DATA SUMMIT 24 Building Real-Time Pipelines With FLaNK
 
obat aborsi Tarakan wa 081336238223 jual obat aborsi cytotec asli di Tarakan9...
obat aborsi Tarakan wa 081336238223 jual obat aborsi cytotec asli di Tarakan9...obat aborsi Tarakan wa 081336238223 jual obat aborsi cytotec asli di Tarakan9...
obat aborsi Tarakan wa 081336238223 jual obat aborsi cytotec asli di Tarakan9...
 
RESEARCH-FINAL-DEFENSE-PPT-TEMPLATE.pptx
RESEARCH-FINAL-DEFENSE-PPT-TEMPLATE.pptxRESEARCH-FINAL-DEFENSE-PPT-TEMPLATE.pptx
RESEARCH-FINAL-DEFENSE-PPT-TEMPLATE.pptx
 
如何办理(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单本科硕士学位证留信学历认证如何办理(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单本科硕士学位证留信学历认证
如何办理(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单本科硕士学位证留信学历认证
 
Simplify hybrid data integration at an enterprise scale. Integrate all your d...
Simplify hybrid data integration at an enterprise scale. Integrate all your d...Simplify hybrid data integration at an enterprise scale. Integrate all your d...
Simplify hybrid data integration at an enterprise scale. Integrate all your d...
 
Case Study 4 Where the cry of rebellion happen?
Case Study 4 Where the cry of rebellion happen?Case Study 4 Where the cry of rebellion happen?
Case Study 4 Where the cry of rebellion happen?
 
Ranking and Scoring Exercises for Research
Ranking and Scoring Exercises for ResearchRanking and Scoring Exercises for Research
Ranking and Scoring Exercises for Research
 
社内勉強会資料_Object Recognition as Next Token Prediction
社内勉強会資料_Object Recognition as Next Token Prediction社内勉強会資料_Object Recognition as Next Token Prediction
社内勉強会資料_Object Recognition as Next Token Prediction
 
Abortion Clinic in Kempton Park +27791653574 WhatsApp Abortion Clinic Service...
Abortion Clinic in Kempton Park +27791653574 WhatsApp Abortion Clinic Service...Abortion Clinic in Kempton Park +27791653574 WhatsApp Abortion Clinic Service...
Abortion Clinic in Kempton Park +27791653574 WhatsApp Abortion Clinic Service...
 
Introduction to Statistics Presentation.pptx
Introduction to Statistics Presentation.pptxIntroduction to Statistics Presentation.pptx
Introduction to Statistics Presentation.pptx
 
jll-asia-pacific-capital-tracker-1q24.pdf
jll-asia-pacific-capital-tracker-1q24.pdfjll-asia-pacific-capital-tracker-1q24.pdf
jll-asia-pacific-capital-tracker-1q24.pdf
 
👉 Tirunelveli Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top Class Call Gir...
👉 Tirunelveli Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top Class Call Gir...👉 Tirunelveli Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top Class Call Gir...
👉 Tirunelveli Call Girls Service Just Call 🍑👄6378878445 🍑👄 Top Class Call Gir...
 
如何办理澳洲拉筹伯大学毕业证(LaTrobe毕业证书)成绩单原件一模一样
如何办理澳洲拉筹伯大学毕业证(LaTrobe毕业证书)成绩单原件一模一样如何办理澳洲拉筹伯大学毕业证(LaTrobe毕业证书)成绩单原件一模一样
如何办理澳洲拉筹伯大学毕业证(LaTrobe毕业证书)成绩单原件一模一样
 
Abortion pills in Riyadh Saudi Arabia (+966572737505 buy cytotec
Abortion pills in Riyadh Saudi Arabia (+966572737505 buy cytotecAbortion pills in Riyadh Saudi Arabia (+966572737505 buy cytotec
Abortion pills in Riyadh Saudi Arabia (+966572737505 buy cytotec
 
Northern New England Tableau User Group (TUG) May 2024
Northern New England Tableau User Group (TUG) May 2024Northern New England Tableau User Group (TUG) May 2024
Northern New England Tableau User Group (TUG) May 2024
 
Identify Customer Segments to Create Customer Offers for Each Segment - Appli...
Identify Customer Segments to Create Customer Offers for Each Segment - Appli...Identify Customer Segments to Create Customer Offers for Each Segment - Appli...
Identify Customer Segments to Create Customer Offers for Each Segment - Appli...
 
Identify Rules that Predict Patient’s Heart Disease - An Application of Decis...
Identify Rules that Predict Patient’s Heart Disease - An Application of Decis...Identify Rules that Predict Patient’s Heart Disease - An Application of Decis...
Identify Rules that Predict Patient’s Heart Disease - An Application of Decis...
 
Huawei Ransomware Protection Storage Solution Technical Overview Presentation...
Huawei Ransomware Protection Storage Solution Technical Overview Presentation...Huawei Ransomware Protection Storage Solution Technical Overview Presentation...
Huawei Ransomware Protection Storage Solution Technical Overview Presentation...
 
如何办理(Dalhousie毕业证书)达尔豪斯大学毕业证成绩单留信学历认证
如何办理(Dalhousie毕业证书)达尔豪斯大学毕业证成绩单留信学历认证如何办理(Dalhousie毕业证书)达尔豪斯大学毕业证成绩单留信学历认证
如何办理(Dalhousie毕业证书)达尔豪斯大学毕业证成绩单留信学历认证
 

Insight on Part Time Employment Trend in the United States

  • 1. A look at Part Time Employment Trend as a potential Staffing Opportunity **Fitting Spot Staffing Services By Shilpa Bhadsavle UW Data Visualization Certificate Program Final Project, Aug 2015 **Company Name Fictitious
  • 2.  Part Time Employment is increasing in the United States, possibly because of the Affordable Care Act mandate  34 hr. per week or less  Can we explore Data on Part Timers as a potential – ‘Niche Market’ - for staffing skilled workers?  Can we find out what will be a cost to employers per hour worked by part time employees?  Can we rank the regions in the US by their share of total US wages? Overview
  • 3.  Google, Indeed Search term Trends  Bureau of Labor Statistics (BLS)  Bureau of Economic Analysis  National Bureau of Economic Research (NBER) What data will be useful?
  • 4.  Look at National Trend up to 2015  Current Data on Part Time Workers  Compare Compensation costs for hiring Part Time vs Full Time (use most current data)  Locate regions showing job gains  Create a story point recommendation Use Cases
  • 5. Personas Name: Janet Burke Age: 54 Occupation: Home goods Retail Worker, Brickford Retail Goals: Wants to pay off her mortgage and save for retirement Hobby: Birdwatching Name: Chris Athanas Age: 28 Occupation: Graduate Assistant, School of Geodesy, Parsons College Goals: Start a community garden in inner city Hobby: Creates mobile apps, loves to ride bicycle
  • 6. Name: Monica Garcia Age: 46 Occupation: Dental Hygienist, San Diego Dental Group Goals: Wants to be a soccer coach, Plan for her Mother’s Nursing home, Visit Portugal Hobby: No time for hobbies, Keep clean home. Part Time Workers Vary In Skill Levels, Education Levels, and Age Group…. Will They Use Staffing Service? ****All personas are fictitious, created with images freely available on the web
  • 7.  Historic Full Time or Part- Time Trend  Cost to Employers per hour worked by employees  Current Growth areas (last 10 years) by rank and % Growth of employment in those areas. Goal KPIs  Come up with Employment Sectors to target as a potential staffing market, where cost to clients can be kept low  Locate regions where those target sectors are growing to know where skilled workers are
  • 8. So… How Is ‘Part Time’ trending anyway?
  • 9. So… How Many Times ‘Part Time’ appeared on Job Opening Titles?
  • 10. How have Part Time Workers worked historically?
  • 11. Is Part Time employment expected to grow? Answer: It is likely to stay high; not recover to pre-recession level
  • 12. So… What is the current (2014-2015) composition of a typical Part Time Worker? Answer: They are mostly Women who earn a tad bit higher than Men!
  • 13. They are mostly White, but in terms of earnings, Asians and Hispanics are catching up.
  • 14. Age 25 and over dominate in numbers and earnings among Part Time workers
  • 15. What is the biggest cost in hiring part time worker Vs. hiring full time worker? Answer: Its the legally required benefits; not insurance Source: March 2015 BLS. (http://www.bls.gov/news.release/ecec.t11.htm)
  • 16. What sectors should be used as Target for staffing? As per U.S. Bureau of Labor Statistics report, employer costs for employee compensation averaged $33.49 per hour worked in March 2015, the Wages and salaries averaged $22.88 per hour worked and accounted for 68.3% of these costs, while benefits averaged $10.61 and accounted for the remaining 31.7%. If current data on part time workers show wages and benefits more than target wages and benefits, then those sectors can be used for staffing. **** These numbers vary slightly by region
  • 17. Full Time Vs Part Time For Management Professions % Cost: Full Time Benefits & Wages % Cost: Part Time Benefits & Wages
  • 18. Full Time Vs Part Time For Office and Administration Professions % Cost for Full Time Benefits & Wages % Cost for Part Time Benefits & Wages
  • 19. Full Time Vs Part Time For Production Transport and Material Moving Professions % Cost for Full Time Benefits & Wages % Cost for Part Time Benefits & Wages
  • 20. Full Time Vs Part Time For Professional Services and Related Services Professions % cost for Full Time Benefits & Wages % cost for Part Time Benefits & Wages
  • 21. Full Time Vs Part Time For Sales and Office Administration Professions % Cost for Full Time Benefits & Wages % Cost for Part Time Benefits & Wages
  • 22. So… What regions show large share of wages in the United States? Answer: They are Southeast and Mideast.
  • 23. Are Southeast and Mideast regions also showing growing trend? Answer: Actually, Southwest is gaining jobs and growing, followed by Far West. Growth in Southeast and other regions is a bit flat or slowing.
  • 24. Conclusion Fitting Spot has an opportunity to open a staffing service in sectors that have Management, Professional, or Sales part time jobs in companies (that are small enough that they do not need to comply with ACA mandate, and yet pay industry standard wages in these sectors). Such a service is likely to find talent in Southwest and Far West regions for staffing service.

Editor's Notes

  1. Look at National trend, then drill down to most recent data on wages and industry sectors of employment for Salaried Workers. Compare where the costs are to the employer for hiring workers by comparing most recent data source. Also look at where the staffing agency is likely to find great workers by comparing geography. This will be a story point dashboard. It will create a recommendation.