Earlier quoted context omitted.
Are you willing to provide any additional clarity on "very competitive rates as contractors"? I understand if not but would be useful to help some of us externally think about this model.
People don't realize that as a contractor, you can write off the room you're using for your office. As a remote employee you cannot. For people living in high rent areas, that's significant.
No meetings, no deadlines, no full-time employees
191–200 of 543 posts
Re: No meetings, no deadlines, no full-time employees
#192Re: No meetings, no deadlines, no full-time employees
#193Earlier quoted context omitted.
How on earth did you find standalone family coverage for $950/mo? What's your deductible / co-insurance?
It’s actually a bit cheaper this year: https://twitter.com/dvassallo/status/1312177408879939584?s=2... It was one of the cheapest plan on the ACA marketplace in WA. It’s a very high deductible plan though: $13.6K.
Re: No meetings, no deadlines, no full-time employees
#194My team got laid off a few months ago and after experiencing remote working this is the only kind of work arrangement I'd be happy to apply for. 40hrs a week of remote working does not allow for a lot of freedom, ~20hrs sounds amazing. Really hope more companies start to adopt this.
I hold this belief because I am now convinced that too many agents within companies care less about profit and success than they do about straight-up owning people. Forcing people to spend their time at work is as close to actual slavery as contemporary society allows, so that's what they do.
Re: No meetings, no deadlines, no full-time employees
#195Earlier quoted context omitted.
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…
And more importantly above all, in my opinion, is the profit. A portion of the revenue generate by an employee becomes profit. Lower the revenue (since lower hours) means lower net profit. Giving up net profit is not somthing a business owner thinks about lightly.
There is very little difference (imo) between 3 employees @ 40hrs per week vs 4 employees @ 30hrs per week. There will be more administration and onboarding admittedly, but this should be balanced by more productive employees (i.e. less burnout)
Re: No meetings, no deadlines, no full-time employees
#196On the wave of fashionable gig economy, many forget that full time employee is not exactly a workforce, but a company's insurance which guarantees that chosen workforce will be guaranteed at any given point of time and will do nothing else (taxing for working abilities) at any other point. Also, from the worker's standpoint, having two half jobs does not equal one full job. It is either much less (with less compensat…
Re: No meetings, no deadlines, no full-time employees
#197I honestly think this is great. We can precisely write, but cannot precisely voice. Auditory communication through mouth and ears is low bandwidth, has high dependency over who has more testosterone, energy, enthusiasm, listening skills, attention, retention and record, etc. Writing has a permanent record, you can take time to form your opinions and respectfully argue. What are the downsides? I think immediate feedba…
Re: No meetings, no deadlines, no full-time employees
#198In 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…
The bigger issue to me is that there's no diversification of risk. If your company goes under, you lose 100% of your income all at once. From that perspective, it'd be a lot more rational to work say ten jobs at a single time. You're never at serious risk of losing more than 30% of your paycheck in any short period. You could even get smart and balance your portfolio of jobs between pro and counter-cyclical industrie…
Re: No meetings, no deadlines, no full-time employees
#199But we can compete–and win–on flexibility. And then the following part describes: In 2020, Sid left Gumroad to start his own creator economy company, Circle, together with former Gumroad coworker Rudy Santino I fail to see this as any competitive advantage since Gumroad's "employment" approach literally incubated a competitor.