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Career Help and Advice

drray23

(8,004 posts)

2. The first step is to retrieve the actual pay compensation package details

Reply to seaglass (Original post)

Sun Mar 4, 2018, 08:50 AM

Mar 2018

Your company should be able to give you that. Mine publishes it to each employee and the end of the year. For example, my healthcare is largely paid for by the company, my contribution is a fraction of the actual cost. Add to that vacation, life insurance, disability benefits, etc.. whatever you company may provide and then taxes such as SS that the employer pays on top of what you pay.
When all is said and done its close to a factor of two between what your salary is and what it costs the company. If you go contractor, this would be on you so you have to take that into account in setting up a rate.

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Has anyone here intentionally gone from employee to contractor? I am looking for some [View all] seaglass Mar 2018 OP

Might help if you filled us in on the type of work seaglass. Glamrock Mar 2018 #1

I am a project manager. Not looking for a $$ amount as I'm vastly underpaid, I am looking seaglass Mar 2018 #4

The first step is to retrieve the actual pay compensation package details drray23 Mar 2018 #2

I work for a small company that does not operate in a way that you would expect. seaglass Mar 2018 #7

but they do pay social security taxes by law. and a bunch of other things too depending on the state drray23 Mar 2018 #9

Thanks for the info. After reading the responses on this thread I decided if they suggested seaglass Mar 2018 #12

I do that. Turbineguy Mar 2018 #3

Thank you. I believe my question was not completely clear. Currently I work from home seaglass Mar 2018 #5

OK Turbineguy Mar 2018 #11

Absolute first thing I would think of social security MaryMagdaline Mar 2018 #6

I have health insurance through my husband's employer so that should be fine but thanks for the seaglass Mar 2018 #8

does not matter whom you contract for drray23 Mar 2018 #10

This message was self-deleted by its author Neema Sep 2020 #13