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Thread: Quantifying Benefits for Contractor vs Employee

  1. #101
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    I forget what kind of work you do, but if you are any kind of professional or perform any "business" function, I think you would need to disclose the fact that you have other ongoing paid employment to your current employer in most cases. It's up to them how much detail they request.
    If you provide unskilled labor, or are not privy to commercial or technical information, that's different.

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    Quote Originally Posted by ExtraSlow View Post
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    I forget what kind of work you do, but if you are any kind of professional or perform any "business" function, I think you would need to disclose the fact that you have other ongoing paid employment to your current employer in most cases. It's up to them how much detail they request.
    If you provide unskilled labor, or are not privy to commercial or technical information, that's different.
    If they're not in directly conflicting fields, I don't see the need to disclose. With that being said, many/most/all standard employment agreements have a clause saying words to the effect of "we own you 8-4, M-F". So you can't be double dipping and you certainly can't use their provided resources to do work for someone else.
    Outside of those hours, you own you and you can do whatever*** you want.

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    Quote Originally Posted by ExtraSlow View Post
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    I forget what kind of work you do, but if you are any kind of professional or perform any "business" function, I think you would need to disclose the fact that you have other ongoing paid employment to your current employer in most cases. It's up to them how much detail they request.
    If you provide unskilled labor, or are not privy to commercial or technical information, that's different.
    EI&C Engineering Consulting.

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    Disclose and giv'er.

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    Quote Originally Posted by ExtraSlow View Post
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    Disclose and giv'er.
    Let's say I was hiring a DeltaV programmer as an employee. I wouldn't hire someone as an employee if they told me that they:
    a.) Spend another 40 hours a week (allegedly outside of my business) hours doing programming for their own company.
    b.) Per above, potentially show up to my work already burned out.
    c.) Per above, definitely won't try to steal my customers even though he could undercut me by >40% and come out ahead.

    But others may be different...

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    When I was consulting I certainly did not advertise to my primary contract that I was doing work for a potential competitor on the side.
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    guessing who I might be, psychologizing me with your non existent degree.

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    I didn't either but they knew. As long as the quality of work doesn't suffer who cares...
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    Why take the employee role if you want to keep contracting? Seems like this could easily go sideways at any point. Perhaps that's why they offered you a salaried role, so you would stop contracting out to other companies. As soon as you're not available because of your side jobs, you're going to get burned.

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    Quote Originally Posted by npham View Post
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    Why take the employee role if you want to keep contracting? Seems like this could easily go sideways at any point. Perhaps that's why they offered you a salaried role, so you would stop contracting out to other companies. As soon as you're not available because of your side jobs, you're going to get burned.
    But you can control how busy you choose to be on side jobs as a contractor.

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    Quote Originally Posted by npham View Post
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    Why take the employee role if you want to keep contracting? Seems like this could easily go sideways at any point. Perhaps that's why they offered you a salaried role, so you would stop contracting out to other companies. As soon as you're not available because of your side jobs, you're going to get burned.
    I am helping a friend / old colleague with some small project work. It is never intended to be full time and now that I have switched to an employee I want to be sure that things are ok from all fronts.

    The full time position will have my 100% attention during working hours...The side stuff is evenings and weekends. Maybe 8-10 hours a month.
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  11. #111
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    Quote Originally Posted by Nufy View Post
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    I am helping a friend / old colleague with some small project work. It is never intended to be full time and now that I have switched to an employee I want to be sure that things are ok from all fronts.

    The full time position will have my 100% attention during working hours...The side stuff is evenings and weekends. Maybe 8-10 hours a month.
    Oh, that's fuck all. Don't tell them. It's none of their business.
    Good for you for helping them out after!

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    As a data point, I'm just going back to staff after 6 years as a contractor. It is with one of my "main" clients who I have a current contract with. The differential agreed on is 24% off to go to staff plus 4 weeks vacation (~8%), and I am now bonus eligible so if I bust ass I can close the gap a bit more. I am wrapping up my other open contracts by year end, probably won't take on much more as my utilization is 100%+ already.

    One of the main drivers for me is I am travelling for them a ton for the next couple of years and it was challenging to put a "risk premium" on increasing my COVID exposure. This way I have sick days and top-up if I were to be out of commission.

    I can also reduce my personal E&O insurance as I'll be under the employer's insurance, which is a noticeable savings.

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