> Zirtual failed because people value a larger paycheck but no benefits over a pay package with benefits but a smaller cash component, even when the package cos

> Zirtual failed because people value a larger paycheck but no benefits over a pay package with benefits but a smaller cash component, even when the package costs the company more to provide and (at least on paper) has more value. One thing that's not mentioned about the gig economy is that contractors on 1099 don't have taxes withheld from their paychecks, so they get the temporary impression that they're getting paid more than their actual post tax amount. They're usually in for an unpleasant surprise when taxes are due.