Wednesday, December 30, 2015
The 1099 economy: Why would I give you a salary?
We live in an Airbnb, Uber, Avon economy.
To workers of a certain age, mostly Baby Boomers, the traditional 9-5 job with security, benefits, and structure is gone. Many people have entered the world of the "entrepreneur," whether or not they were ready or realized the harsh challenges.
Companies are willing to give what they call "the opportunity." Or, as one employer said, I'm going to give you an office (at a monthly rate), access to a copier, and a support staff (also at a monthly rate). Benefits are included, but as a self-employed business person, you pay all the costs, along with all the FICA taxes. He concluded: "Why would I give you a salary?"
READ THIS FASCINATING ARTICLE
Posted by David Balog at 8:02 AM