3 ms·
The pay is an unequal comparison though. A W2 job gives you: * 5 - 10 paid holidays like Labor Day, 4th of July, etc... * another 10 - 20 paid days off for P
by turdprincess 4y ago
The pay is an unequal comparison though. A W2 job gives you:
* 5 - 10 paid holidays like Labor Day, 4th of July, etc...
* another 10 - 20 paid days off for PTO
* 7% less taxes for social security, medicare
* 401k match
* health insurance
So actually, getting paid twice as much hourly might not be too much extra at the end of the day.
- WalterBright 4y agoAt the time, the value of the benefits package was about 45% of the salary (this calculation includes the things you mentioned). The other 55% was for the extra risk the contractor took on.