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The Chu Forums • View topic - contractor or employee?

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contractor or employee?

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Re: contractor or employee?

Postby Duncan » Fri Oct 05, 2012 9:53 am

i really should be working
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Re: contractor or employee?

Postby Duncan » Fri Oct 05, 2012 10:02 am

i really should be working
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Re: contractor or employee?

Postby nature boy » Fri Oct 05, 2012 10:39 am


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Re: contractor or employee?

Postby joel » Fri Oct 05, 2012 10:42 am

in response to the severance question, dunc was correct, i am losing out on it. 12 weeks worth. i factored that when i decide on both opportunities. i guess i really had 3 choices, either take one of these 2 jobs or stick around until the end to collect my severance.

just on financial perspective, given i am able to complete at least a year of work at either job, i would still come out ahead if i left now, then if i stayed and worked here for another 6 months and collected my severance.
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Re: contractor or employee?

Postby nature boy » Fri Oct 05, 2012 12:25 pm

yeah, it'd probably be silly to stay just for that severance. however, 12 weeks off sounds pretty nice. you'd still get paid out your holiday pay though, wouldn't you?

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Re: contractor or employee?

Postby geForce » Fri Oct 05, 2012 4:02 pm

It's 12 weeks worth of pay, or 6 paychecks. He can work right away after collecting it if he wanted, so that'd be like double pay for 12 weeks.

I'm assuming the 2 job offers are limited time offers though, and Accenture isn't going to lay him off until next year, so the timing doesn't quite work.
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Re: contractor or employee?

Postby nature boy » Sat Oct 06, 2012 3:42 pm

Two simultaneous salaries sounds taxing.
See what i did there?

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Re: contractor or employee?

Postby Duncan » Tue Oct 09, 2012 1:41 pm

i really should be working
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Re: contractor or employee?

Postby joel » Tue Oct 09, 2012 1:49 pm

i gave my notice on friday last week. i did get a sense of relief after doing it. just getting that part over with and knowing i am committed to this new job opportunity.
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Re: contractor or employee?

Postby geForce » Tue Oct 09, 2012 2:04 pm

Which job offer did you go for?
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Re: contractor or employee?

Postby joel » Tue Oct 09, 2012 2:24 pm

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Re: contractor or employee?

Postby nature boy » Tue Oct 09, 2012 2:37 pm


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Re: contractor or employee?

Postby Duncan » Tue Oct 09, 2012 2:53 pm

i really should be working
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Re: contractor or employee?

Postby joel » Tue Oct 09, 2012 4:00 pm

after talking with mike, i am feeling more hesitant about it. he basically said i only save money if i leave the money within the incorporation.

i am not sure if this consulting thing will be short or long term for me, so the extra hassel of setting up the incorporation for only a single year might not be worth it.

I was going to talk to Kitty about it since she's an accountant and get her take.
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Re: contractor or employee?

Postby nature boy » Tue Oct 09, 2012 4:07 pm

wait, isn't jt an accountant?

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