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The w2 outsourced contractors are a long standing issue in silicon valley and tech, as such even the IRS has weighed in and basically only allows tech companies
by sjg007 8y ago
The w2 outsourced contractors are a long standing issue in silicon valley and tech, as such even the IRS has weighed in and basically only allows tech companies to have someone on contract for 2 years. There's some additional issues with it in that you really are a w2 employee because you don't get to chose when and where you do the work (or what hours you work).. So in a sense it is worse than uber because you can't choose your hours. Companies like it because it is low risk and you typically can get someone in for a lower wage than you would have to pay otherwise. Netflix is using contractors now btw..
I imagine things have evolved since the good old days:
https://www.reuters.com/article/businesspropicks-us-findlaw-dont-treat-c/dont-treat-contractors-like-employees-idUSTRE53063S20090401 https://www.reuters.com/article/businesspropicks-us-findlaw-...
But things largely have stayed the same.