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Re: 1099's going w-2


For one thing, if you're W2 you can expect to make about half of what someone that is 1099 will make. Another words 30% instead of 60%, or 25% instead of 50% of what the prime is pulling in off of you. So, if you would of only been able to make a lousy $1500 a week as a 1099 subcontractor, then you would most likely make around $750 as a W2 employee. And that's BEFORE taxes are taken out!!! The contractor has to have the extra cut from your work in order to cover their increased cost associated with a W2 employee, as compared to a 1099 contractor.


I would never work as an employee, but that's just me. Especially in the cable TV business, where it's very rare to get any kind of benefits. As a matter of fact, in almost all cases you will not get a single benefit as an employee in this business.

Why anyone would want to work for 1/3 to 1/2 of the money for the same work is beyond me. Even if they offer you a company vehicle, is that worth $600 to $1000 a week to you? It sure isn't to me, lol.



(cool)
This is CABL.com posting #235033. Tiny Link: cabl.co/m9i1
Posted in reply to: Re: 1099's going w-2 by skyclimbers
There is 1 reply to this message
Re: 1099's going w-2 Nat Light 12/7/2008 3:44:00 PM