[thelist] going solo?

[Jack Hand]

Glenn,

  I sub-contract.  The contracting agent gets about 30%.
However, I get paid as a W2 (the agent takes care of taxes
and SS).  I also work away from home, so I get a tax free
per diem.  And, since I do not live high on the hog, much
of the per diem goes in my pocket.

  Also, by sub-contracting, I don't have to spend time
searching for that next job.  I have agents searching for
me.  And, when I am finishing one contract, I put the word
out that I am going to be available soon.  So, I get to take
my pick of the jobs that are available.  Since I work away
from home, I get to pick interesting jobs in interesting
locations.  Win/win.

  In about 15 years of contracting, every time except one,
I finished one job on a Friday and started the next the
following Monday.

        Jack


>From: "Glenn Hunt" <ghunt at hds.ca>
>
>The biggest problem with this calculation though, is that as an
>independent contractor, it is almost impossible to bill 40 hours/week,
>assuming you want to work 9 to 5. I count on averaging about 30-32 per
>week.
>
>Glenn Hunt
>ghunt at hds.ca


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