Re:Google Cuts Jobs in Engineering and Other Divisions
by Ancalagon on Thursday January 11, 2024 @12:42PM
(#38955684)
Not going to happen in the US as healthcare is not portable and its too expensive to purchase on your own.
Re:Google Cuts Jobs in Engineering and Other Divisions
by sbrother on Thursday January 11, 2024 @12:49PM
(#38955787)
Well, this is one of the reasons you charge more as a freelancer. It's ~$2k/mo for a family; even if I charged exactly the same as my market rate as an FTE, that would be less than the tax benefit I get from operating through a properly set up LLC taxed as an S-corporation. LTD and E&O insurance are other big expenses, but they're not prohibitive given the delta in hourly rate between FTE and C2C.
And there are lots of benefits to being independent legally. Tax benefits aside, the pay is usually much higher, and you can/should take on multiple clients simultaneously. This leaves you less exposed to the whims of a single C-suite, and lets you stack up silly amounts of money when times are good.