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Laid off by Big Tech, then recruited for contract work – at the same place

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Re: Laid off by Big Tech, then recruited for contract work – at the same place

#121

Post by Daishiman »

MrBuddyCasino wrote: post #113
andrei_says_ wrote: post #110

Earlier quoted context omitted.

Not the person you’re replying to but I’m the US anti-union propaganda’s talking points do include “bad for the economy”. Basically anything that hurts the top 0.1% is presented as bad for the economy. Which probably has a lot to do with how the economy is measured.

I wonder if they ever figure out how to stop the emigration from the capitalist hell-hole that is the US to the socialist paradise of Cuba (or pick any South American country if you prefer, most of them are socialist). Its a real problem!

You're doing the talking points of an 18 year-old who just read some libertarian pamphlet.

Re: Laid off by Big Tech, then recruited for contract work – at the same place

#122

Post by crazygringo »

slaw wrote: post #117
crazygringo wrote: post #96

Earlier quoted context omitted.

I'm not sure we're all using the same definition of contractor then? For the exact same type of work? Contract work virtually always pays much more than full-time on an hourly basis, since now you've got to cover your own health care, social security, and so forth. And then on top of that you're charging more because there's no security. The whole exchange you make for full-time employment is to be paid less than sho…

I am talking about the same position as a full time and as a W-2 contractor. You have insurance when on W-2.

OK people are definitely talking about two different things in this thread then.

There's what you're talking about, W-2 contractors who work through a staffing agency which provides temporary work for lower-skill positions. They are often paid less than full-time but this is usually because they have less skill/experience. An equivalent full-time job often doesn't even exist at the company.

And then there are independent contractors (aka consultants) who legally function as their own company, and who do higher-skill contract work. They are paid much more than full-time.

Re: Laid off by Big Tech, then recruited for contract work – at the same place

#124

Post by booleandilemma »

tasubotadas wrote: post #79
trilbyglens wrote: post #69

I love all the Europeans here that think anyone has job protection in the US in any way :)

Fewer protections, more opportunities.

I'm in the US. I'm looking around and seeing a lot of people barely making it by. Are there really more opportunities? Maybe for all the H1B workers I see, sure.

What opportunities were you referring to? Becoming an Uber driver?

Re: Laid off by Big Tech, then recruited for contract work – at the same place

#125

Post by OJFord »

YourDadVPN wrote: post #116
dogma1138 wrote: post #82

Earlier quoted context omitted.

It’s also true in general tech once you get to director or senior manager grade your short and long term incentive plans can be 50% of your BP and your BP isn’t going to be too shabby either. Contractors do get paid more but they don’t earn more at least not anymore after IR35 since they have a tax rate that is over 50% as they are also liable for the 15.5% employer national insurance contributions now. Overall contr…

You can contract outside IR-35 still, no? At least there were some advertised on LinkedIn last time I looked. If the contract is outside IR-35 then you can still claim expenses and pay corporate tax instead of (most) income tax.

Does anyone advertise 'inside' IR35? I get tonnes too, but it'd be at my risk not the, err, employer's.

Re: Laid off by Big Tech, then recruited for contract work – at the same place

#126

Post by phendrenad2 »

tarr11 wrote: post #4

Tldr: recruiters are trying to bait workers with contract work at the company they’ve just been laid off from, but then turn around and submit them to many other companies instead. > Lawrence Dearth, the president of staffing company Insight Global, said the average recruiter is simply hoping to make contact with a talented individual. After the initial contact, they’ll ship the worker’s resume out to 10 to 15 differ…

Or, Occam's and all, they're just doing keyword matching on resumes and - surprise - people laid off from a role most closely match the (now contract) role.

Re: Laid off by Big Tech, then recruited for contract work – at the same place

#127

Post by MilnerRoute »

I remember a story about a guy who was recruited for the same company he'd just been fired from. Since he had time on his hands, he actually showed up for the interview wearing a fake moustache.

https://thenewstack.io/we-interviewed-a-coder-someone-else-s...

Re: Laid off by Big Tech, then recruited for contract work – at the same place

#128

Post by areyousure »

ttymck wrote: post #102
MrBuddyCasino wrote: post #75

Earlier quoted context omitted.

Hows that working out for Portugal‘s economy?

It would be very surprising if you believe labor protections are the root cause of Portugal's economic woes. Can you share how you drew that conclusion?

In case you're actually curious to learn about thoughts in this direction, see the paper "Did the crisis permanently scar the Portuguese labour market? Evidence from a Markov-switching Beveridge curve analysis" at https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp2043.en.pdf

From the introduction:

> For many years, a key distinguishing feature of the Portuguese labour market has been its persistently high employment and relatively low unemployment, despite the high level of employment protection ... The crisis has now seemingly brought about an end to this striking feature of the Portuguese labour market: ... As a result, Portugal now [in 2017] has the third highest unemployment rate among OECD countries; ...

And the findings:

> The results show that the sharp outward shift in the Portuguese Beveridge curve was to a large extent driven by cyclical factors. However, it was compounded by some structural factors, namely, the relatively high level of employment protection together with the relatively high minimum wage ratio and the relatively generous unemployment benefit system.

Re: Laid off by Big Tech, then recruited for contract work – at the same place

#129

Post by dogma1138 »

YourDadVPN wrote: post #116
dogma1138 wrote: post #82

Earlier quoted context omitted.

It’s also true in general tech once you get to director or senior manager grade your short and long term incentive plans can be 50% of your BP and your BP isn’t going to be too shabby either. Contractors do get paid more but they don’t earn more at least not anymore after IR35 since they have a tax rate that is over 50% as they are also liable for the 15.5% employer national insurance contributions now. Overall contr…

You can contract outside IR-35 still, no? At least there were some advertised on LinkedIn last time I looked. If the contract is outside IR-35 then you can still claim expenses and pay corporate tax instead of (most) income tax.

Almost no company will take on that risk these days. You can still claim expenses within IR35 too the only difference is that you have to use an umbrella company for PAYE to cover the NIC liability.

Re: Laid off by Big Tech, then recruited for contract work – at the same place

#130

Post by dogma1138 »

OJFord wrote: post #125
YourDadVPN wrote: post #116

Earlier quoted context omitted.

You can contract outside IR-35 still, no? At least there were some advertised on LinkedIn last time I looked. If the contract is outside IR-35 then you can still claim expenses and pay corporate tax instead of (most) income tax.

Does anyone advertise 'inside' IR35? I get tonnes too, but it'd be at my risk not the, err, employer's.

I haven’t seen any company that will take contractors outside of IR35 at least in London for more than a year now.

The risk falls completely on the company these days. IR35 is a very nasty piece of legislation it’s difficult to even hire remote contractors outside of the UK with it without going through an established firm.

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