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More than 75% of Job Posts are Remote

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Re: More than 75% of Job Posts are Remote

#3
post #2

I also would not be surprised if more American jobs are now hiring people on as contractors only, without the benefits.

If you get more $ in return... I don't see much downside. People will have to learn to run themselves as a business/contractor, and have a bit more discipline re: taxes. Getting a check for $3000 doesn't mean you can spend all $3000 immediately, etc.

If we move in this direction more, we'll potentially chip away at some of the "employer=healthinsurance" mindset that has trapped so many people in less than optimal jobs.

Re: More than 75% of Job Posts are Remote

#5
post #2

I also would not be surprised if more American jobs are now hiring people on as contractors only, without the benefits.

Benefits are just an appealing name given to anything an employer chooses to spend money on instead of paying you that money (and the trade typically works in their favor).

Certainly, there are cases where contract employment is offered with pay that does not compete well against full-time employment/salary plus benefits, but that is not always the case.

Anecdotally, I've seen contracts done as W2 with benefits, even as a part-time employee. And I've seen 1099 contracts that far outpaid the W2 equivalent - in my case allowing me not only to pick and choose my benefits with plenty of money left over (even after paying self-employment taxes), but also using the U.S. tax system to great advantage, putting a very large portion of my gross pay into tax-advantaged accounts[0].

[0] https://www.irs.gov/retirement-plans/one-participant-401k-pl...

Re: More than 75% of Job Posts are Remote

#7
post #2

I also would not be surprised if more American jobs are now hiring people on as contractors only, without the benefits.

Benefits are just an appealing name given to anything an employer chooses to spend money on instead of paying you that money (and the trade typically works in their favor). Certainly, there are cases where contract employment is offered with pay that does not compete well against full-time employment/salary plus benefits, but that is not always the case. Anecdotally, I've seen contracts done as W2 with benefits, even…

Umm, we live in a hell world without universal healthcare. Until that changes bennies are pretty important

Re: More than 75% of Job Posts are Remote

#9
post #3
post #2

I also would not be surprised if more American jobs are now hiring people on as contractors only, without the benefits.

If you get more $ in return... I don't see much downside. People will have to learn to run themselves as a business/contractor, and have a bit more discipline re: taxes. Getting a check for $3000 doesn't mean you can spend all $3000 immediately, etc. If we move in this direction more, we'll potentially chip away at some of the "employer=healthinsurance" mindset that has trapped so many people in less than optimal job…

That's a big if. For jobs like being an Uber driver, the consensus seems to be that you get less money.

Re: More than 75% of Job Posts are Remote

#10

Earlier quoted context omitted.

Benefits are just an appealing name given to anything an employer chooses to spend money on instead of paying you that money (and the trade typically works in their favor). Certainly, there are cases where contract employment is offered with pay that does not compete well against full-time employment/salary plus benefits, but that is not always the case. Anecdotally, I've seen contracts done as W2 with benefits, even…

Umm, we live in a hell world without universal healthcare. Until that changes bennies are pretty important

In my understanding, in all developed countries except US there is universal healthcare.
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