Some companies like to hire employees on a contract basis. This works well. However, you’ll need to follow the contract rules. Wouldn’t it work better for your company to work on a month-to-month basis?
You will not incur any overhead costs. Most employees need office supplies and equipment to do their job. Computers, desks, notepads, phones, stationery, pens, business cards, etc., these costs can quickly run into the thousands. I have my state-of-the-art computer set up that is always up to date with the latest software—no need to spend money on these expenses.
Every company pays a payroll tax for every employee that is employed. These taxes can cause a burden for many smaller businesses—no need for your company to pay a payroll tax as I’m not an employee.
Many companies contribute a portion or percentage to an employee’s 401K or retirement account. Since I’m not an employee, no need to worry.
Health insurance is one of the most significant burdens on employers. Insurance companies raise their prices yearly, and businesses and employees pay higher premiums.
Sick days, maternity leave, paternity leave, and vacation days all add up to expenses employers must offer. Once again, there is no need as I’m not an employee.
Employees are injured on the job in many ways. Injuries can occur in the office, not just in the field. This is yet another expense employers are to absorb. Non-employee = no expense incurred.
Most companies offer life insurance as a perk to their employees. Well, well, no employee, no need to provide life insurance.
Whether an employee is injured on the job or at home, perhaps the employee is not injured but is subjected to an illness they cannot control. Many states protect the rights of employees by mandatory paid medical leave. While the unfortunate situation can occur, the cost an employer must face is paying an employee for an indefinite medical leave of absence.