3 ms·
To clarify. I don’t only mean your own business overhead, as I assume you can operate a basic contracting business for less than 35% of annual earnings. What I
by jimmydean1765 4y ago
To clarify. I don’t only mean your own business overhead, as I assume you can operate a basic contracting business for less than 35% of annual earnings. What I mean is that employees cost businesses around a 35% premium for benefits, employee side payroll taxes, liabilities, etc. In actual fact if all my employees were happy to take a 35% pay increase to become contractors I’d bet it’s a good deal for the corporation.