Boy taken on by cloth worker as everyday employee (4-5)

I believe the answer is:

full-timer

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'cloth worker as everyday employee' is the definition.
I can't tell whether this defines the answer.

'boy taken on' is the wordplay.
'boy' becomes 'timer' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'taken' becomes 'full' (both can mean occupied or in use).
'on' says to put letters next to each other.
'timer' put after 'full' is 'FULL-TIMER'.

'by' acts as a link.

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I've seen this clue in The Independent.

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