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#99762 - 06/08/08 10:35 PM employee vs IC pay
heidic heidic New Member Registered: 06/08/08 Posts: 3 Loc: South Florida	I've been working as an MT for 8 years; only the first year as an employee and the remainder as an IC. Long story short, I've been thinking of going back to being an employee for the sole purpose of having insurance benefits again. My husband and I are both self-employed with children and the cost of self-paid health insurance is becoming unaffordable for us. Vaguely, what is the going rate for employees? I am so out of the loop on this and I don't want to get "taken" by an employer by settling for less. I currently get 12 cpl as an IC. What is the hourly norm? When I first started out in 2000 I made $7.00 or 7.50(can't quite remember) plus line count incentive. Is that still the norm also? Thanks so much for any suggestions or pointing me in the right direction :-)
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#99763 - 06/08/08 10:43 PM Re: employee vs IC pay [Re: heidic]
tropsicleAfter tropsicleAfter Member Registered: 10/30/06 Posts: 2056 Loc: MS Gulf Coast	Most MT companies that offer employee status now pay by production, not hourly. I suppose there are still a few, but I would bet these are mostly in-house positions. Either way, I doubt you will come anywhere close to the 12 cpl you are making now. _________________________ *tropsicle*
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#99765 - 06/08/08 10:53 PM Re: employee vs IC pay [Re: tropsicleAfter]
heidic heidic New Member Registered: 06/08/08 Posts: 3 Loc: South Florida	Tropsicle, Thanks so much for your information. How do employers pay by production, please excuse my ignorance on this. If you're an employee, are they paying by line like an IC? I went from a full-time IC to very very part time since buying a restaurant 3 years ago. I just didn't have time to do all my accounts and run a restaurant. I've kept two clients on so that I could keep my MT skills current should I want to reenter the field FT again. Now I'm in the process of moving to a larger city and selling the resturant, so I'd like to work FT as a MT again. I'm just trying to figure out if the decrease in pay as an employee with benefits will be a wash for making more money as an IC but paying for my own insurance. Heidi
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#99776 - 06/09/08 07:25 AM Re: employee vs IC pay [Re: heidic]
tropsicleAfter tropsicleAfter Member Registered: 10/30/06 Posts: 2056 Loc: MS Gulf Coast	Originally Posted By: heidic How do employers pay by production, please excuse my ignorance on this. If you're an employee, are they paying by line like an IC? Yes, exactly. Originally Posted By: heidic I'm just trying to figure out if the decrease in pay as an employee with benefits will be a wash for making more money as an IC but paying for my own insurance. Only you will be able to do the math on this one, once you have the figures to plug in to the equation. Let's say you got an offer of 9 cpl (only picked for ease of math, you probably will not get offered that much). This would represent a reduction of at least 25% - assuming that you could produce the same number of lines on average that you had been (you probably would not, at least for a while). Now you can figure if the 25% (or more) less is worth it in your situation. _________________________ *tropsicle*
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