A company is switching workers from 1099 contractors to W-2 employees. W-2 status means taxes get withheld throughout the year instead of hitting workers with a big bill at tax time. The company now pays $12 per month per employee, so they need people who can commit long-term and show up consistently.
Chapters
The good news is, guys, if you are working with us, you're going to be a W-2 now. You're not going to get 1099. So that's going to like, you know, I'm going to educate, I'm going to, I'm going to educate people on the difference between that because ultimately it's better that the W-2 because at the end of the year, Uncle Sam's going to be paying them, you know, taxes that they might have got too much taken from as opposed from a 1099. You have to fucking save. Yeah. And fucking pay them back. So I'm going to explain all that and let them know, hey, If you're willing to stay on board, awesome. But this is also the extra costs that we are a company accruing. And I'm going to let them understand why we would prefer someone that's a more long-term and more consistent because I'm going to be paying $12 a month for you on this fucking payroll service. Like, I need to be upfront, let you know, like, it's not worth it if you're only going to be once a week or you're not going to be around next month. Like, I need to go with the other person who is able to be on more consistent, who is down to work with us indefinitely. Right. Alright.