Full-time employment involves working for a specific company (or person), and the following things usually characterize the work:
- Specific hours, usually eight hours per day (give or take) or a specific shift
- A specific location
- A specific title with a job description or assigned responsibilities
- Payment on a weekly, bi-weekly, or monthly basis- Paid vacation time
- In some cases, benefits such as health and dental care are provided
- Other benefits such as training, education support, pension, etc. may be provided
- Reimbursement for business-related expenses.
- The employer makes deductions for income tax, employment insurance, etc.
Part-time work is similar to full-time employment, but with a reduction in hours worked. Anything less than a full-time schedule falls in the part-time category, for example, working 36 hours instead of a full 40. Part-time employees often do not qualify for benefits.
Being self-employed can include freelance, or contract work, as well as running a business as a sole proprietorship, as a member of a partnership, or as a member of a limited liability company that does not elect to be treated as a corporation.
Freelancers tend to work on smaller projects than contractors (though not necessarily) and work more independently, usually out of their own home or office space. Due to the nature of the work, freelancers may have several clients at a time. Freelance work is often of a shorter duration than typical contract work. This type of work is often paid based on the product delivered (an article, manuscript, video, photograph, illustration, etc).
Contract work involves a specific term of work, often on a project basis. Contractors will agree to a fixed term (two months, six months, a year, etc.) and generally work at the client’s location and with the client’s equipment. Contractors set their own rate, which is then agreed upon (or negotiated) by the company who hires them. Contractors are generally responsible for:
- Finding their own contract work
- Choosing what to work on
- Providing the required expertise (training not provided)
- Fulfilling the terms of their signed contracts
- Paying their own taxes
Approximated Monthly Living Expense Budget
Take a few minutes to complete the Living Expense Budget, which has been designed to encourage you to pay close attention to your cost of living expenses when you are contemplating seeking employment opportunities and making career choices. In most cases your personal obligations can dictate the type of opportunity you will be able to accept.
Download the Approximated Monthly Living Expense Budget
During your second day of PLS. class, CS Advisors will come by and instruct you to complete two mandatory PLS Forms: Student Information Sheet (SIS) and Student Questionnaire (SEQ) no later than 9am on the fourth day of PLS class. A contact sheet with information for exact dates will be shared with you. Click on the your area of study to go directly to the PLS Forms page: