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Pros and cons of IC versus employee ?? - Any advice appreciated!
Posted: Jan 02, 2015x
What I think of IC - sm
[ In Reply To ..]
I work full-time IC for a small company and part-time for a larger company (IC).
One job pays me what an IC should be paid, the other one not so much. But I love both companies.
Positives for me: More money, flexibility, you get to choose your schedule, work the Holidays you WANT to work, don't have to worry about conflicting appointments - If I need off to go to the doctor I just email them and tell them I have a Dr. Appt and let them know what time I'll be back on that day if it happens to fall on a day I agreed to work.
My full-time company I literally work when I want and my part-time company wants an idea of when I will be working i.e. what days of the week, mornings? Afternoons? Evenings? They are a little more demanding (if you will) but yet really flexible in the sense that they know they cant tie me to a set schedule, but ask for more communication than my other job. As long as I am productive and put in my time, both jobs are really reasonable.
Negatives: Negatives are really only negatives if you need the benefits. You don't get insurance (I have my own), you have to pay your own taxes quarterly, no paid vacation, sick-time. I don't mind the no paid vacation. If I need a couple days off I usually can afford to take them and I let them know ahead of time. So far, I haven't gotten sick and needed to be off for any extended period of time so that's good. Also, no unemployment benefits if you get fired or work runs low.
I personally do my best to do a good job with quality and production so they have no reason to want to get rid of me. And between the 2 I don't have much of a problem running low on work.
So no benefits, pay your own taxes and no unemployment are the negatives.
Love IC status! - For the same reasons poster replied.
[ In Reply To ..]
I don't know why I did not do this years ago!! Love IC status.
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