Timeline for How much should my wage be cut when I am directly hired instead of a contractor, and thus receiving benifits?
Current License: CC BY-SA 3.0
5 events
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Jun 14, 2013 at 18:41 | comment | added | Yamikuronue | The staffing agency I work for (and others I've seen) lets me set the rate I'm looking for work at, within reason. Whatever I'm asking for they'll present me at, and the range determines which openings they present me to. | |
Jun 14, 2013 at 15:22 | comment | added | mhoran_psprep | The OP uses the following in the question: "For example, if I am a contractor, and would normally expect a 70,000$ salary with benefits, I would mark up my salary 30% as a W2 contractor The problem is that as a contractor he doesn't get benefits, and as a employee (W2) he doesn't get to set the rate they will bill their customers. | |
Jun 14, 2013 at 14:43 | comment | added | mhoran_psprep | I read the answer if you get a W2 you are an employee. If you are an employee you get a W2. It doesn't matter if you are working behind the counter at the pizza place, or your boss has you work at a location owned by somebody else. The IRS cares very much about these definitions. W2 is an employee, 1099 is not. | |
Jun 14, 2013 at 10:58 | history | edited | mhoran_psprep | CC BY-SA 3.0 |
added 665 characters in body
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Jun 14, 2013 at 3:54 | history | answered | mhoran_psprep | CC BY-SA 3.0 |