Higher contractor pay is essentially a operate of 2 things:
1. Risk
2. Benefits
1. Risk
A contractor/ consultant's job isn't secure. An employer can terminate their employment with very little to no advanced notice. In my world, with the current climate of low oil and gas prices these days, there is a huge quantity of contractors while not work. They were making bank once the time was good, but are mostly unemployed. when oil prices fell, oil companies reacted by reducing the workforce, and contractors/ consultants were first to go because letting go of a contractor is not considered a layoff. the doubtless volatile nature of a contractor's employment demands a higher hourly rate to compensate for the risk.
But you need to go first for workers compensation audit who will give you a free consultation before you fire a lawyer.
2. Benefits
$150/hr cash money sounds like a lot, but you have to take into consideration that contractors don't get the company advantages that full-time workers enjoy, such as 401 matching, insurance, stock options/ grants, company vehicle, company phone, etc. A contractor usually has to pay for all those kinds of things out a pocket from the hourly or daily rate he charges. Now, I am sure if a full-time worker adds up his total compensation including the monetary value of all his benefits, he can come up with a number terribly close to what the contractor is being paid.
contact with, Workers Comp Audit
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন