They may be getting paid more but what about benefits? Do you still give them vacation time, health insurance, paid holidays? When I was independent, I didn’t get any of that and on top of that I had to pay for general liability insurance.
Between all the extra costs, lack of benefits, and paying taxes, I found a new job much more profitable.
Benefits went out the door. We had a modest insurance policy that the employees benefited from, yes, but after the axing here, I just set up a computer with a HEALTHCARE.GOV sign over it and assigned someone to walk everyone through the signup, and almost everyone now has better, cheaper coverage than I could ever provide. That’s one. Two: I switched everyone to a salary, and eliminated excessive work hours that would qualify as ‘overtime’, even though they’re technically contractors now and don’t need to track their time. I judge their work by results, not how long it takes them to do it. I know most people wouldn’t go through all this, but I’m shit nothing if I lose these talented people. I DO NOT assume that i can easily replace them, most managers biggest mistake atm
They may be getting paid more but what about benefits? Do you still give them vacation time, health insurance, paid holidays? When I was independent, I didn’t get any of that and on top of that I had to pay for general liability insurance.
Between all the extra costs, lack of benefits, and paying taxes, I found a new job much more profitable.
Benefits went out the door. We had a modest insurance policy that the employees benefited from, yes, but after the axing here, I just set up a computer with a HEALTHCARE.GOV sign over it and assigned someone to walk everyone through the signup, and almost everyone now has better, cheaper coverage than I could ever provide. That’s one. Two: I switched everyone to a salary, and eliminated excessive work hours that would qualify as ‘overtime’, even though they’re technically contractors now and don’t need to track their time. I judge their work by results, not how long it takes them to do it. I know most people wouldn’t go through all this, but I’m shit nothing if I lose these talented people. I DO NOT assume that i can easily replace them, most managers biggest mistake atm