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What's the situation like if your employee opens a company and invoices you like a consultant ? I do this in Europe (admittedly I don't work for a single client
by rubber_duck 6y ago
What's the situation like if your employee opens a company and invoices you like a consultant ? I do this in Europe (admittedly I don't work for a single client exclusively) but it seems like the path with least friction for tech workers.
- killion 6y agoIn that case it's very simple for the company paying but much more work for the employee since they are the ones responsible for taxes. It's not necessarily a bad thing, but I've found many employees don't want to do it. They need to make sure they are either paying their estimated taxes quarterly or be saving a significant portion of their income. That also doesn't address that it is significantly cheaper for group health insurance in the US vs. individual. As a company I can be paying $400/mo vs. the employee who would be paying $2K for similar coverage.