7/6 I have a full-time position at a large company. I'm thinking of
asking them to turn me into a contractor so that they can pay
me more and NOT provide any benefits. Has anyone done this or
heard of anyone who have done this? Note that I'd be an independent
contractor and not going through any agency. I'm wondering how much
more I can get by becoming an hourly contractor. I heard companies
actually save money because they don't have to pay me any medical
insurance and such. Thanks.
\_ Don't count on keeping more money - taxes will be higher and you'll
have to find insurance on your own at higher rates than the
company's group rates. Plus, whenever times are tight, contractors
are usually the first out the door.
\_ Also, not sure if this is just my company or if it's law, but
contractors can't stay more than 3 years. They have to leave
the company for 3 months before contract can be renewed.
\_ Not the law, really, but due to a finding against m$
by a bunch of long term contractors who sued claiming
they were denied stock options.
\_ I know lots of people who have done contractor->employee, but
none who went the other way. |