Related Posts
Hello fishes. I received a call from Iberis technologies saying they are hiring for Lenovo. Recruiter said I will be on payroll of iberis until 2 performance reviews and then I will move under the payroll of Lenovo. But they are not ready to give that in written. Also she is saying Lenovo doesn't hire people directly nowadays. They have to go through other vendors payroll before they become permanent with Lenovo. Is it true?
What are your opinions about potential big4 layoffs in m&a tax? Campus hiring starting next year so I don’t have a good idea of what people are thinking at the firm. I know m&a is typically not where you want to be in a recession so I’m curious about job security starting next year. Any insights/opinions would be appreciated. EY PwC Deloitte KPMG
More Posts
Any Texas teachers????
Both
Permalanced at a large NYC agency for over a year. Made so much money (love me some overtime) that benefits become a non-issue. (I don’t have dependents though)
This is exactly why most people at Vayner were laid off last year
Yup. I’m pretty sure I’m being catfished for a high salary ‘long-term’ contract where they just want you to set their process up and then dump you. I would make in 4 months on my long term contract as I make in a year with my current salary though...
Doesn't make sense though because sure they save money on benefits but permalancers have to be paid overtime (which probably ends up costing more than benefits in some cases)
Yes
Yeah it’s the not having to pay benefits thing that I assumed was the reasoning behind this, as well as freelance rates dropping due to market saturation, making permalance staff effectively salaried without the benefits 🧐
SA1: yeah, sucks to not have that security, but the pay doesn’t suck
lots more agency contract work. partly also because clients are not committing to work and procurement departments love renegioting terms every 6 months now.
https://mobile.nytimes.com/2018/04/30/business/economy/gig-economy-ruling.html this ruling today in California will probably change this trend quite a bit
Most of the projects ending up with 3 to 6 months. Clients are not interested to carry forward with such high rate of agencies rather they prefer to get it done in house or some offshore shop. 3 to 6 months of design enough for them to get wheel running for a year.
So it's hard for agencies to hire and pay full time along with their wishes , ambitions and frustration when project changes.
Make sure your putting away enough for taxes. Uncle Sam will come calling and that tax bill sucks
It’s happening in corporate too. 1 year contracts. No benefits. $$$
Freelancers and employers need to be careful of misclassification. Many times a contract worker is not an independent contractor. Which makes you eligible for benefits.
Both. It’s also easier to identify the immediate financial impact on a project when an out of scope request is made or the project runs longer than originally intended because freelancers are a hard cost to the agency. So, it can be pretty expensive for the client if they don’t adhere to the terms in the engagement.
Commitment free permalancers? I'd call it commitment free agencies.
Both but this time it feels driven by more project less real AOR scopes