Full Time or Per diem (But Full time)

  1. ������Hi Nurses!

    i just want to ask some opinions from you.
    I am working full time but recently i was thinking of working as Per diem but full time. I will still be giving 3 days (12 hrs shift) but with my own set of schedule. I know there will be no benifits for this position.

    I am under my husband's insurance (Health & Dental) He is working with the Post office. I may be full time but I dont enroll for benefits such as Health/Dental but only my 401k.

    if i change my status as Per Diem, do you think ill lose my 401k benefit?

    should i Go with per diem or stay with full time?

    your answers will be greatly appreciated.

    Thank you!
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  2. 25 Comments

  3. by   OldDude
    Yes you'll lose your 401k benefit...the decision is up to you otherwise.
  4. by   Sour Lemon
    I'm per diem and have a 401k. You need to ask your employer. It doesn't matter what anyone "thinks" about the issue. Your employer is the only one who will know.
  5. by   Irah0526
    Thanks for the infos
  6. by   MilliePieRN
    Also depends on how you feel about being put on call, cancelled and floated (which usually will be you as a prn)
  7. by   Sour Lemon
    Quote from MilliePieRN
    Also depends on how you feel about being put on call, cancelled and floated (which usually will be you as a prn)
    True ...I've been floated for the past six weeks. I haven't been on my home unit, at all. I've also been canceled for two months at a time when the census is low.
  8. by   RNperdiem
    I agree with the others, and there is no reason you cannot open up your own IRA and fund it yourself. If you are fine with not having guaranteed hours, I would recommend PRN hours. It helps if you work the less popular shifts if being called off is a worry. Sometimes to stay in your same department, your manager needs to have per diem positions available.
  9. by   Jedrnurse
    As per diem, your being scheduled for three shifts a week can change on a moment's notice...
  10. by   Lisacar130
    I used to work per diem on a busy medical floor and I rarely got low censuses... the most it happened in a couple of years was three times in a 2 week period. I also still got 401K benefits that my employer funded and matched. Instead of getting the match per pay period like everyone else, I got it in one lump sum at the end of the year because I had to work over 1,000 hours a week to get the match. 1,000 a year is like 20 hours a week and I always made that because I pretty much worked full time hours. They allowed full time staff who requested low census to have it if they wanted it and that really helped me have my hours. Where I work now, I wouldn't dream of working per diem because I can tell that I would get low censuses a lot. It is a much easier unit with low turnover. So it's up to you and what kind of unit you work in.
  11. by   Crush
    Years ago I worked with a nurse who only worked per diem but had 3 jobs so if she was cancelled at one she had 2 other options. I believe she was scheduling herself for 48 hours a week between the 3 to cover possibly getting cancelled and if she did get all the hours she said her bank account looked good. She had a 401K but not sure if it was through an employer or her own. She loved it.
  12. by   llg
    The "rules" of per diem employment vary from place to place. So be sure to research all the details of your particular employer's rules. I've known a lot of people over the years who make assumptions about switching to per diem and live to regret it -- and others who prefer per diem.

    In addition to investigating the retirement plan situation ... also consider the monetary value of any sick time and vacation time you will probably be giving up. This is why some people regret switching to per diem. They lose their accrued sick time and don't earn any more sick or vacation time. The get sick or injured at some point in the future, and there are no pay checks coming. Another way the paychecks stop coming is that your employer's census goes down ... or their staff turnover goes down ... or they hire more people ... etc. Suddenly, they don't need you as often as they used to and you don't get as many shifts as planned. There goes your income. Every time you take a vacation = no income. Every time you get sick = no income. People often fail to include those calculations into their financial planning. They get used to a certain level of income, and forget that they won't get any income when sick, injured, or on vacation. The financial value of accruing sick time and vacation time is often underestimated.

    But for people who can afford to have 0 income periodically throughout the year ... per diem can be a great fit.
  13. by   theRPN2b
    I don't know about the 401k (I'm Canadian)

    But I work per diem with full time hours and I love it,can pretty much set my own schedule can choose not to work certain days/shifts,and can go on vacation whenever I want (no need for my vacation request to be approved like the full timers). No benefits this way,but I don't need them right now and per diem/part time staff where I work get in-lieu pay instead of benefits so that's a little extra money.
  14. by   Daisy4RN
    It just depends on where you are at in life right now. Find out from your work re: any benefits you will lose, including those already accumulated, what benefits you will keep, do the math and see what works for your personal situation. I have worked both full time and per-diem depending on my personal situation at that time. Make it work for you!

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