- Joined
- Jan 30, 2010
- Messages
- 295
- Reaction score
- 0
Hello,
How much worse is it to work as an independent contractor vs an employee?
I am aware as an IC, you have to pay for your own medical,pension/security, no vacation pay etc, but are these really all the disadvantages, and if so do they matter much? The only advantages of being in IC is supposedly you could have a higher non-taxable income, but does that outweigh the stuff you would have to pay for which is mentioned above?
Why are doctors treated as IC, instead of employees in most practices?
I would imagine working as an IC would be quite scary for me as there would be more hostility etc. Is this true?
Thanks.
How much worse is it to work as an independent contractor vs an employee?
I am aware as an IC, you have to pay for your own medical,pension/security, no vacation pay etc, but are these really all the disadvantages, and if so do they matter much? The only advantages of being in IC is supposedly you could have a higher non-taxable income, but does that outweigh the stuff you would have to pay for which is mentioned above?
Why are doctors treated as IC, instead of employees in most practices?
I would imagine working as an IC would be quite scary for me as there would be more hostility etc. Is this true?
Thanks.