534
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 10 Jun 2024
534 points (99.1% liked)
Technology
55919 readers
3908 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Joke's on them, I quit my 11-year job with a company enacting RTO and it fucked them over because I had no backups and very little cross training my entire time there. Ex-employees have told me things went to shit after I left. Good. 😂
Offer to come back as a consultant for 2x your previous pay
With work-from-home as a non-negotiable condition.
As a contractor, your client isn’t allowed to dictate your work methods. It’s one of the things the IRS looks at when identifying misclassified employees.
While true, it's a bit more nuanced than that. They can absolutely have requirements in the contract that will put you on site. For instance, they can have you being the one to set up the conference room for the morning meeting. They can also categorically say that their VPN access is only for FTEs.
But as an independent business negotiating a contract, you just haggle these terms away. It's still a good idea to document expectations, including work hours and locations.
Funnily enough I heard that internally they were talking about asking to have me come back as a contractor (with insane pay) but I was so much enjoying my time away from such a toxic company that nothing could make me return. I took a 7-month staycation after quitting just to unfuck how much they fucked up my brain, self-worth, and anxiety
i dunno, grinding for a few years on contractors income and funneling it all into a pension sounds like a pretty good way of retiring early.
5x pay. Independent LLCs have all sorts of expenses, including taxes/marketing/accounting/etc.
Health insurance...
So much this. Health insurance is the primary reason I have a salaried position.
Yep. I've done exactly that. Something overlooked a lot of places is to actually start an LLC (it does cost a bit, especially if you're strapped) if you can because that protects you. If you screw something up by accident a company can either come after you personally or the business that employs you.
Simply having an LLC isn't enough- it's the separation of personal and business that enables protection. Until you have other employees, this is really hard to do/show.
If you're going to go this route, you should probably talk to an attorney anyway.
And an accountant, but yeah this is solid advice. It was definitely something I knew but didn't realize that it's harder than it looks back when I did it.