We do this at my startup. Instead of hiring FTEs, we hire people for 10-30 hours per week. This is great for people that want to make more money than they could as an FTE, or for people that want to work more on side projects.

It helps that we have no bullshit meetings, everything is async, and we take advantage of automating almost every aspect of the business.

I’ve found that hiring contract devs for say 20 hours per week yields the same output as an FTE at 40. Why? Because we don’t fill the rest of their week with bullshit.