If >=50% time, you get full benefits, and salary/bonus/stock is pro-rated at whatever percentage you work. Due to the way the stock vests for part-time, I've heard this ends up being ~10% more pay cut than time cut (80% time == ~70% pay).
<50% you lose a lot of the core benefits (healthcare, 401k, etc.), but I doubt anyone really does this except people who are basically retired.
But +1, big fan of companies that support part-time. I think most companies view it as a benefit basically like parental leave, etc., so it's a way of recruiting/retaining talent and are willing to eat some of the fixed cost.
If >=50% time, you get full benefits, and salary/bonus/stock is pro-rated at whatever percentage you work. Due to the way the stock vests for part-time, I've heard this ends up being ~10% more pay cut than time cut (80% time == ~70% pay).
<50% you lose a lot of the core benefits (healthcare, 401k, etc.), but I doubt anyone really does this except people who are basically retired.
But +1, big fan of companies that support part-time. I think most companies view it as a benefit basically like parental leave, etc., so it's a way of recruiting/retaining talent and are willing to eat some of the fixed cost.