In regards to the health insurance thing, there is a good middle option. I'm not affiliated but I use Savvy ( https://www.gosavvy.com/ ). They take advantage of a law that just started in 2020 that lets a company owner offer tax free insurance payments without having a health plan. Basically you set a budget, and then the employee chooses any health plan they want from any provider and pays with tax free money. If th…
If you are self employed and itemize your deductions (like everyone working for this company I assume), your health insurance premiums are already tax free. Don't need an external service for that.
No meetings, no deadlines, no full-time employees
101–110 of 543 posts
Re: No meetings, no deadlines, no full-time employees
#102In years to come we will look down on the 5 day working week in the same way we currently do with 15hr factory shifts during the industrial revolution. It absolutely blows my mind that 99% of office roles are still 5 days / week, Monday to Friday - why is there basically no variation on this model? I'd be more than happy to work a job for 80% salary for 4 days per week... So much so, I'm about to launch a website lis…
Some of it is a quirk of the American health care system. Your health care costs the same regardless of your work hours, and it's a significant fraction of compensation. If you were working 80% as much, they would probably only be able to pay 70% of your salary. (Assuming you were linearly productive, which it's not, but it's the same assumption you were making and is good enough for this illustration.) There are oth…
Probably more to do with Britain’s Factory Act of 1833 and follow up Act of 1844.
Re: No meetings, no deadlines, no full-time employees
#103Earlier quoted context omitted.
20 hrs a week @ 500 is 520k/y. you only need one client.
minus vacation, taxes, health insurance, overhead (time tracking, billing, book keeping, etc), time between gigs. 20 500 52 you are coming in way high. You can cut that in half and get a reasonable estimate for take home.
Re: No meetings, no deadlines, no full-time employees
#104Earlier quoted context omitted.
I’d love something like this: I loathe the bullshit factory process has become.
Process is one of those things you have whether you think about it or not. It's up to you collectively to decide if it is BS or not, too heavy, too light, etc. I'm not suggesting everyone has the influence to change process much at the place they work, but they idea that there is a single "thing" called process and some places have it and some don't is just dangerously misleading. It is true that process tends to nat…
The trick is finding a balance, as a friend once told me the sweet spot is "as little process as possible, as much process as necessary".
Re: No meetings, no deadlines, no full-time employees
#105Earlier quoted context omitted.
If you are self employed and itemize your deductions (like everyone working for this company I assume), your health insurance premiums are already tax free. Don't need an external service for that.
This is for employees at companies that do not offer health insurance.
Re: No meetings, no deadlines, no full-time employees
#106No deadlines? For how long does someone have to not "produce something that's better than what's on production" for you to decide he's not fit to keep getting a paycheck?
Re: No meetings, no deadlines, no full-time employees
#107In years to come we will look down on the 5 day working week in the same way we currently do with 15hr factory shifts during the industrial revolution. It absolutely blows my mind that 99% of office roles are still 5 days / week, Monday to Friday - why is there basically no variation on this model? I'd be more than happy to work a job for 80% salary for 4 days per week... So much so, I'm about to launch a website lis…
Re: No meetings, no deadlines, no full-time employees
#108Earlier quoted context omitted.
Process is one of those things you have whether you think about it or not. It's up to you collectively to decide if it is BS or not, too heavy, too light, etc. I'm not suggesting everyone has the influence to change process much at the place they work, but they idea that there is a single "thing" called process and some places have it and some don't is just dangerously misleading. It is true that process tends to nat…
It really depends how that process is adopted. If it's organically in-house grown and it does makes sense then it becomes a synergic glue. If it's imposed top down from the outside because "that company does it, lets follow suit" then it can become a pain and cause more harm than good. I liken that to goo.
This is always a red flag I'm dealing with someone inexperienced, or desperate. Processes can be very unique to each company, especially the problems that they're facing, and trying to shoehorn someone else's process into your own business without understanding the problems that process is solving is a recipe for failure.
Re: No meetings, no deadlines, no full-time employees
#109an open source project like Rails. Except it’s neither open source, nor unpaid. Do people still think of big, successful open source projects as unpaid? Rails, for example, was created at Basecamp/37Signals. Most Linux contributions come from companies like IBM. Or am I the one who's out of touch?
Re: No meetings, no deadlines, no full-time employees
#110In years to come we will look down on the 5 day working week in the same way we currently do with 15hr factory shifts during the industrial revolution. It absolutely blows my mind that 99% of office roles are still 5 days / week, Monday to Friday - why is there basically no variation on this model? I'd be more than happy to work a job for 80% salary for 4 days per week... So much so, I'm about to launch a website lis…
Some of it is a quirk of the American health care system. Your health care costs the same regardless of your work hours, and it's a significant fraction of compensation. If you were working 80% as much, they would probably only be able to pay 70% of your salary. (Assuming you were linearly productive, which it's not, but it's the same assumption you were making and is good enough for this illustration.) There are oth…
Are these fixed costs, or would these employees also be working 80% as much? I think only the healthcare / office space for these people are fixed costs, but that would be factored in calculating their new salary.