The number of senior managers who work part time has risen sharply in recent years with one in six now working less than full-time hours.
The number of part-time employees in manager-level or senior jobs in the UK has exceeded one million for the first time, representing one in six managers, according to flexible work experts Timewise.
It estimates the number of senior part timers have increased by more than half (55 per cent) in the eight years since it started tracking the figures.
Timewise says 1,007,000 UK employees now work part-time and earn at least £40k FTE. £40k FTE is set as a benchmark, as this accounts for roughly the top 25 per cent of earners in the UK. Timewise says many people within this bracket have ‘manager’ or ‘senior’ in their job title.
Above the £40k+ FTE level, the numbers of part-time employees begin to fall sharply as salary rises. There are 569,000 employees earning over £50k FTE+ 3.
Timewise says that whilst flexible working is hitting its stride – there remains a ‘ceiling’ on the availability of part-time structures in the very most senior roles.
Timewise co-founder Karen Mattison says: “Just a few years ago, people were reluctant to admit they worked part time for fear of being seen as less committed or ambitious. No more. With one in six manager and senior-level executives working less than five full days a week, it’s clear flexible working has hit its stride. But a key challenge remains when it comes to flexible hiring – which is in its infancy. It’s time to fix the jobs market for this talented pool of flex execs. ”