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JIZZ DENOUEMENT fucked around with this message at 06:14 on Dec 23, 2019 |
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Feb 6, 2015 02:01
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selectleaders.com, despite its generic name is decent for real estate postings. Investment banks like the typical Wall Street names will focus on raising equity or debt capital for REITs and bundling commercial mortgages into CMBS. Then you have people like Eastdil, CBRE and Cushman that have real estate investment banking groups that primarily sell larger portfolios of properties or place debt on the same, but the line between investment banking groups gets blurry as an investment properties team may market a major office tower and a debt group could place a mortgage, but never call themselves investment bankers. Venture capital is typically associated with other forms of start up, but there are real estate investment funds that focus on higher return investments. Developers are going to be a lot of this group, but also investment groups with access to other capital pools and your traditional wall street private equity groups as well. I'm in the Midwest in a secondary market, but if you have any other questions, feel free to PM me. edit: There's also a couple of real estate guys in the investment banking thread who might be able to give you a better perspective than me. crazypeltast52 fucked around with this message at 18:39 on Feb 7, 2015 |
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Feb 7, 2015 18:35
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Thank you for the response! PM Sent.
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Feb 7, 2015 21:32
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So I accepted a "conditional offer of employment" with a direct competitor. I have already gone and done the fingerprints, drug test, and background check like they asked so should I now put my two weeks notice in? I've never quit a job that wasn't a temp deal so I'm not sure how to do it gracefully since I want to leave on good terms with the company (in this city its common to hop to a competitor for a year or two and then hop back for a higher position with a big pay boost).
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Feb 11, 2015 05:20
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Conditional on what?
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Feb 12, 2015 03:10
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I would assume the drug/background check. If you're positive those will come back clean I would go ahead and give notice. If not, I'd wait. I recently gave notice before those things came back and had no problems, but I also never robbed a bank and don't do drugs.
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Feb 12, 2015 16:42
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Slimchandi posted:Posted this in the physics thread in a/t but no response there. This is tough because its vague, but as a Physics grad who somehow found my way into Aerospace Quality Assurance I can sympathize. I too use almost none of the hard skills I learned. Doing an Excel macro and fumbling through databases has gotten me numerous kudos from my colleagues(average age in the industry is like 55+). Why bring it up? I think I might see a bit of what I found success in in your desires. The Quality position I was hired into had such breadth and depth(and teammates with kinda low expectations) that I was able to take time and think about problems and run what are basically six sigma projects on them. Finding a problem, building a team, getting resources, and solving it. This got me a good name and now I'm in a development program where I do much the same but get some insight into executive level meetings and projects. Its probably only 25% of my job, but its enough that I'm not bored with the "day job" aspects. In the end, its not what I want to do long term, but its good pay and I'm learning a lot about what I think I want to do, while still feeling that in my next career move I can either jump back to technical or go to management. So if any of this sounds useful, I can go on in more depth.
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Feb 13, 2015 22:38
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I'm getting used very slowly to life in a big corporation, a few years older than most. I was an M&A lawyer straight out of law school, and did that for about 10 years in London, NYC and HK. I left in 2013 to join a large US media corporation that was starting up China ops and content for a business-to-business legal know-how service, and last year I was put in charge of China. Things are going pretty well: content volume is up (ie we're creating more contracts, guidance notes for lawyers etc) and sales volume is up too (ie customers think it's good and are buying it at the price we charge). What I don't get is how to do anything with that - having been a lawyer for a while, it's a hell of a shock learning the rules of large corp life. Does anyone have advice on what 'doing a good job' means when you're in charge of making the product? I can take time out of my day job to help sales, and I'm quite good at that as the folks I used to work with in law firms are now our customers. What I'd like advice on is how to handle the next step. Otherwise I can quite comfortably remain in charge of making something customers want p much forever, and that would feel like a bit of a missed opportunity. In terms of sharing lessons learned, the big and obvious thing is to treat everyone you ever interact with well however tired/annoyed/focused on other stuff you are at the time. It's astonishing how being nice to people comes back to do you a favour, and presumably the opposite is also true.
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Feb 15, 2015 20:46
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Crazyweasel - thanks for that post. Not sure if its a specific avenue that would interest me, but the one thing I lack is a really good understanding of what my options are. I think that's a serious problem with a Physics degree; they assume you are going to plough ahead into some sort of specialised technical field and don't have much wider careers guidance. Where can I go about finding that as a adult?
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Feb 21, 2015 11:47
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So I had a longer post but I'll keep it short. Physics has a really poor professional noon academic support structure. In the US we don't really have the professional societies engineers do and all that trade research that goes along with it. So how do you find options? 1. Talk to any alumni/colleague/vague acquaintance you have who came from physics. You'll have to send out blind emails and do a bit of investigation on line, but I've gotten a lot of great feedback from alumni who were in the same spot as me except 10-20 years ago. 2. Unsure of its use in UK, but I go to Indeed/use the app and just continuously look at listings ranging from technical skills to soft skills. Keywords: physics, engineer, medical device, computer science, science, strategy, development Whatever tickles you, apply. At this point you'll probably have to jump in and interview to at least get am idea of of the work environment and job duties are right for you. I think there are a few professional physics societies and they may have some job analysis so you could look at that to. As physics major we are essentially jack of all trades. Curious enough to always want to learn and smart enough to solve complex problems no matter the type, we just need to build on the area of expertise and my advice is jump right in to something new
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Feb 21, 2015 17:48
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I've worked at company A for slightly under a year. Huge bureaucracy, and everyone's shocked at what I am able to accomplish in bending the rules, although by my standards we're moving at a glacial pace. Parent company is in the midst of a massive reorganization and it looks like our group is well positioned to the extent that you can tell. Middling stock results after years of roaring success, but to their credit senior management does know that their structure is a mess - my group is the one leading change efforts. I have great job security and like/work well with my colleagues, but there are already too many cooks with middle management with this group and in general, and I'm not sure that there is a great path for advancement. My group's director seems to like and respect me, but I think he fundamentally likes to deal with more sales and marketing types when it comes to planning and strategy vs. analysts and that's unlikely to change. Company B (another huge company, but not as big) found me on LinkedIn out of the blue and seems close to making an offer. Base increase would be more than a quarter of my salary, BUT for some insane reason I am not exempt from overtime currently, and made the equivalent of 12% of my base in OT this past year. Adding in increased commuting costs (currently in the suburbs and I just moved closer to work, offer is in NYC), around 75% of the increase disappears, although I guess I could negotiate that. This is for what is a managerial role in title, but with no direct reports, and given the role itself I have some trouble understanding why it does have the salary and title that it does. The role itself also doesn't seem very interesting to me. Also, this company's recent performance is middling to slightly worse than my current one from what I can tell, and both of them had layoffs in Q4 with B's a bit worse. I don't really want to move into traditional management, but to advance my career it's probably going to be that, or move into more of a technical direction (which the almost-offer sort of does, but not in a way that I want.) I have looked into a few external managerial roles lately and I think my lack of title has been a hangup, although in practice I have been effectively managing people and operations for years now. I'm also sensitive to leaving within a year if that might hurt some feelings or be seen as a red flag by some.
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Feb 21, 2015 17:52
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I wouldn't leave a job that you've been in for less than a year for a job that not only doesn't have a large pay increase but you don't seem that enthusiastic about. It also seems like your last paragraph is contradictory. If you don't want to advance into traditional management then why do you care that your title is holding you back and why don't you try to advance yourself down the technical track.
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Feb 21, 2015 19:04
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Hi all. I could use some perspective/advice. Hopefully I don't ramble too much or get all E/N. Currently, I am a first year apprentice electrician in a five year program. Before this, I was unemployed for almost a year. While I do like the work, and I find learning about electricity to be interesting, there are some realities of being in the construction trades that I am not sure I can deal with. Apprentices are matched up with journeymen on the job. Apprentices do a lot of grunt work, and journeymen are supposed to teach the apprentices. In most of my time, I have been paired up with two different journeymen. They were/are abusive toward me verbally, and generally just unprofessional jerks. From talking to other people in the program, this isn't uncommon. To be honest, working with some of these guys has kind of killed my enthusiasm for the job. I am not the kind of person to normally call out of work, but I have left work early once, and called out of work once because I did not want to put with the working environment. Add that to lax safety practices, union drama, and work drama. So I kind of want a way out. I have been searching for jobs in earnest since late fall. But my resume just doesn't seem to be attracting any attention. Admittedly, my work history is spotty, and all over the place. I graduated in 2010 with a Bachelor's in social work, but I haven't done anything in that field since. I can't even seem to get an interview for entry level positions in any field. I am at a bit of a loss for what to do. In the short term, I plan to stick with this job and keep shotgunning my resume around until hopefully someone calls me back. With this apprenticeship, there is a school component. We go to class twice a week, in addition to working full time. The first year of school ends in June, and the second year starts in September. With this program, there is a student loan agreement between the apprentices and the apprentice training commission. The total cost of school each year is 3500 dollars. The apprentice pays 500 out of pocket, and the commission "pays" the rest. After five years of school, you pay back the loan by working as a union journeyman for five years in any local. After that, you don't owe any money. But if you drop or are cut from the program, you owe back the money. So if you leave after the first school year started, you owe three grand. Leave after the second year, you owe six. And so on up to fifteen grand. If you are a journeyman and leave the union before your five years, you owe back some pro-rated portion of the loan. So part of my dilemma is the student loan. I live a fairly simple life with few expenses. I also have no outstanding debt at this time. I actually already have the three grand saved up if I manage to find another job before the start of the second year. I'm going to try to cut down on any over-explaining here and try to layout what I believe my current options are. 1. Stay in the program. With my work history, my job hunt outlook seems bleak. Best to stay with what's already a sure thing. Gut out the apprenticeship and just deal with it. 2. Start looking for a part time job, or expand my job search in general. I have been mainly looking at full time jobs because the money. But since I don't have high living expenses or debt, I could probably afford the pay cut just to get out of there. With the free time, I could volunteer, acquire some skills/certs to get into another industry, or try writing erotic fiction haha. 3. I feel like I had a third option in my head when I was thinking about making this post, but I can't seem to remember it. I feel like the odds say I won't find another job anytime soon, so I probably will have no choice but to stay in the program. But when work gets really bad, I start telling myself I could eat a six grand debt if I had to. And that probably doesn't sound like the thought process of someone who should stay the course. As far as what to do with the free time from having a part time job, I was leaning towards volunteering for something in a social work/non-profit field, or learning some kind of IT skill. I like the idea of getting into IT, but I really have no experience in that field, and I am not very passionate about computers. But I like to think that I could put up with a job as long as the work culture is alright and it pays the bills. I think if I could get into IT, it would be good long term. I don't know what else to add that is pertinent at this point. I can clarify or expand on anything if needed. Any help would be appreciated. Thanks goons.
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Feb 21, 2015 20:18
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asur posted:I wouldn't leave a job that you've been in for less than a year for a job that not only doesn't have a large pay increase but you don't seem that enthusiastic about. It also seems like your last paragraph is contradictory. If you don't want to advance into traditional management then why do you care that your title is holding you back and why don't you try to advance yourself down the technical track. Because there isn't really another path for advancement, and the IT setup here is seriously the worst in the universe.
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Feb 21, 2015 23:18
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crack mayor posted:Hi all. I could use some perspective/advice. Hopefully I don't ramble too much or get all E/N. Currently, I am a first year apprentice electrician in a five year program. Before this, I was unemployed for almost a year. While I do like the work, and I find learning about electricity to be interesting, there are some realities of being in the construction trades that I am not sure I can deal with. Apprentices are matched up with journeymen on the job. Apprentices do a lot of grunt work, and journeymen are supposed to teach the apprentices. In most of my time, I have been paired up with two different journeymen. They were/are abusive toward me verbally, and generally just unprofessional jerks. From talking to other people in the program, this isn't uncommon. To be honest, working with some of these guys has kind of killed my enthusiasm for the job. I am not the kind of person to normally call out of work, but I have left work early once, and called out of work once because I did not want to put with the working environment. Add that to lax safety practices, union drama, and work drama. So I kind of want a way out. Blue collar trades are full of assholes. I'd advise you to grit your teeth and grind it out; when the decent people quit, only the assholes are left, and by the end of the program you'll have a secure job with a good wage. You may want to grow a thicker skin, because it's prevalent throughout the industry. Put your foot down on safety issues, though. When you're one slip away from a nasty shock, safety is paramount.
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Feb 22, 2015 03:35
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Okay goons, offer onto me your advice. I have a helpdesk job at a High School right now. It's basically a glorified secretary's job. My main duties consist of receiving and packing student's hosed up chromebooks, logging all of that, replacing smart board bulbs, and disassembling laptops for parts. I have no access to Active Directory, and it looks like there's going to be no real training on it (Which is my next step for certs after net+ is to hit up the MCSE stuff). I really like the guys (and girl) I work with, and my director is pretty sweet on letting me off whenever to do things (Dr, baby, etc). This seems to be a pretty dead-end job though. There's the Network Analyst, 3 "senior" techs with AD access and more abilities, the girl who is kind of in between my position and theirs, and then me. I'm not currently on the school's payroll, I'm contracted in, no benefits, but the director already said he's ready to hire me when the contract is up. There is a job opening for an entry level job at a bank for much of the same position, however, it looks like I will be allowed more access (trained possibly) and deal with less secretarial stuff. The pay rate is about the same as what I'm making now, but I would be a "backup AS/400" operator, among other things, and it looks like a position in where I could possibly grow into an Admin role, then possibly something further down the line. A few other notes: My job history is meh. I spent 2.5 years as an ISP Tier 3 dammit doll for customers, then 6 months at a small shop who let me go, then unemployed for 6 months, then the current job for 2.
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Feb 24, 2015 18:38
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What's your question? I think you should definitely apply for the job since it sounds like you don't have any room to grow or really learn new skills at your current job.
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Feb 24, 2015 23:52
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Not a Children posted:Blue collar trades are full of assholes. I'd advise you to grit your teeth and grind it out; when the decent people quit, only the assholes are left, and by the end of the program you'll have a secure job with a good wage. You may want to grow a thicker skin, because it's prevalent throughout the industry. I'm beginning to think this is the realistic option. I think I'm going to keep my eyes open for any decent opportunities, but I think I'm going to have to come terms with the fact that I'm kinda stuck and just grind it out. In regards to safety, I'm not usually worried about getting shocked. They're actually pretty good about making sure apprentices don't work on anything hot. It's more things like unsafe ladder practices, access to ear protection and respiratory masks, and cutting metal pipe using one hand on the reciprocating saw and the other bracing the pipe on your thigh. I figure losing a finger would be your last worry in that situation. But yea, I definitely like going home in one piece so I try to not get into too many unsafe situations.
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Feb 25, 2015 03:39
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Xandu posted:What's your question? I think you should definitely apply for the job since it sounds like you don't have any room to grow or really learn new skills at your current job. I guess the main quandary is my job history. It's not good, and I don't want to appear a job hopper. I've applied already regardless using one of the strangest application systems. I'm about to put this on my resume/linkedin. Just trying to be better about job history.
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Feb 25, 2015 14:20
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Gothmog1065 posted:I guess the main quandary is my job history. It's not good, and I don't want to appear a job hopper. I've applied already regardless using one of the strangest application systems. I'm about to put this on my resume/linkedin. Just trying to be better about job history. Have you been at your current job for 2 years or 2 months? Unclear from your post. If I read your previous post right, prior to this job you've had one six month break, a 2.5 year stint and a six month stint. That's not bad job history unless the hiring manager/HR are a bunch of backwards folk.
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Feb 27, 2015 02:17
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devoir posted:Have you been at your current job for 2 years or 2 months? Unclear from your post. Yes. Basically it was 1.5 ish years at a small time computer shop, 2.5 years at big ISP, 6 months at small time computer shop again (Big mistake), 6 months unemployment, current job at 2 months.
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Feb 27, 2015 05:34
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Gothmog1065 posted:Yes. Basically it was 1.5 ish years at a small time computer shop, 2.5 years at big ISP, 6 months at small time computer shop again (Big mistake), 6 months unemployment, current job at 2 months. Yeah, you're going to be fine unless someone is grasping for straws. The only way this could become a 'bad situation' is if you were let go or quit, and then were job hunting for another six months without current employment.
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Feb 27, 2015 08:12
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Hey guys, I currently work for a fortune 500 (under 100 actually) company as a contractor. I've been here for a year and a half on a rolling 6 month contract, but recently it almost didn't get renewed due to serious budget cuts in the business (despite record profits  ). I was pushed to a new team because my old one didn't have enough work to justify my presence (thanks to my boss fighting to have me re-purposed rather than laid off) but now my contract was only renewed for 3 months.I don't hate my job, it's actually pretty cushy. Work from home as much as I want, it's close by when I do go in, it pays pretty well for the area / my experience (2.5 years since graduation), but I certainly don't love it either. I dislike the industry I'm in and the projects aren't interesting, everyone gets along but no one is like actually friends. Just show up, get your poo poo done, go home. Also the lack of benefits is pretty terrible. I'm interviewing with a company tomorrow that is pretty small; under 100 employees and no one outside of the greater area I'm in will have heard of them but based off their website the projects sound a lot more interesting. I think I'd be willing to take up to a 15% salary cut if it meant I had benefits and the peace of mind that comes with a permanent job, but I'm concerned about "the big picture". Should I just tough it out where I am and use that for resume padding? Try to leverage a permanent position with the current place should this new company make an offer? It's kind of premature to start thinking about all this before I've even had my first interview, I suppose, but I dunno. Everything just feels stagnant and I can't not think about it 
Sab669 fucked around with this message at 01:46 on Mar 6, 2015 |
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Mar 6, 2015 01:42
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If you feel like you're unengaged and stagnating, get out asap.
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Mar 6, 2015 16:04
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Gothmog1065 posted:Okay goons, offer onto me your advice. An interesting twist on this. The job I applied to hasn't called me, so I'm assuming my application didn't meet their criterion. HOWEVER. The High School wants to hire me on full time 12 month employee. With a raise and benefits. The twist here is I was talking to my director, and he said there is a high chance they'll ask me to be a CTE (Technology) teacher because my degrees are in Civil Engineering and Surveying, so I have some CAD experience. Should I even consider this path, or am I going to want to murder all the retarded teenagers at some point? I don't know if there is going to be a difference in pay or if it'll be a full time type gig or if I'll be Tech Supporting for most of the day then teaching one class or something.
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Mar 11, 2015 14:46
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I taught high school and would not recommend it. If it's one class, then maybe. You will want to murder, that is for sure.
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Mar 11, 2015 22:43
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moana posted:I taught high school and would not recommend it. If it's one class, then maybe. You will want to murder, that is for sure. After mulling it over for 10 seconds, and remember that NC is ranked 48th in teacher pay and benefits, I said fuckit, I'll keep my cushy helpdesk job, get my certs and after a few years move into the real world (or stay here with mediocre pay but exceptionally easy work).
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Mar 12, 2015 00:55
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Gothmog1065 posted:After mulling it over for 10 seconds, and remember that NC is ranked 48th in teacher pay and benefits, I said fuckit, I'll keep my cushy helpdesk job, get my certs and after a few years move into the real world (or stay here with mediocre pay but exceptionally easy work). For what its worth, you work like half the year and get a million days off. Also you might feel some personal satisfaction if you teach kids with no opportunities and convince some of them that they can make something of themselves.
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Mar 12, 2015 07:54
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litany of gulps posted:For what its worth, you work like half the year and get a million days off. This is the biggest misconception about teachers ever and it needs to die.
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Mar 12, 2015 18:20
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A little background: Before even graduating college I got a job as a web dev in a small time mom & pop marketing firm. I've their head of interactive production for 4+ years now. It's been a good run and I've learned quite a bit about project management and server upkeep in addition to development. Last year I made a transition into working part time remote. I was certain this would give me loads of time to do fun things, volunteer, work on open source projects; but it hasn't done any of that. Really I haven't done any of that. Being in the position I was I was still needed every day, so my schedule turned into this 9-10am, 2-6pm thing which was nice, but didn't leave me much time in between to do substantial things. It really started grinding on me because I am basically giving them full time availability, but at a dramatic cut in pay vs 40 hours. Fast forward, about 3 months ago, they absorbed another small marketing firm. This has been great for projects and clients, but the culture has shifted. The new people and clients are stuffy, cold, larger businesses and instead of getting them to adapt the ownership has been guiding us toward their culture. All that being said, I started looking at my 3 year plan and being a project manager just wasn't where I wanted to be. I feel like I've already lost some programming skills and really fallen out of sync with the industry as far as frameworks and processes go. I started applying to new jobs and have a final interview next week. I already passed a pre-screen by phone and a programming test. It's for a mid-level developer position and I couldn't be more excited. It's going to be really refreshing to learn from people again and be part of a larger team of developers. Not sure how I am going to break it to the current bosses if I get the position, but hopefully the transition is smooth. This feels good though. At first I thought part time work would be appealing, and sort of FI. In reality it just made me complacent. Getting my work ethic and income back into gear is going to be a rough ride but so good for me and my wife in the long term. 28 is pretty early to commit to subsistence.
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Mar 12, 2015 18:49
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litany of gulps posted:For what its worth, you work like half the year and get a million days off. Also you might feel some personal satisfaction if you teach kids with no opportunities and convince some of them that they can make something of themselves.
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Mar 13, 2015 02:22
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Life is fun
JIZZ DENOUEMENT fucked around with this message at 06:15 on Dec 23, 2019 |
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Mar 13, 2015 08:20
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So I've reached a point in my career where I'm either going to go down a more tactical path, like executing my company's plans for digital marketing, continuing to be in the weeds of web analytics implementation, managing our agency (as I currently do)... or possibly becoming a manager with direct reports. I'd really like to be in a Sr. Manager or Director level position within 3-4 years, as I know I've got the technical chops and my performance review showed that I was able to keep my personable facade over my terrible personality excellently. However, I have zero manager experience, and I work at a stultified major corp that promotes literally no one ever, so I'm not going to get that experience here. How do you make the jump to manager in my scenario? Radbot fucked around with this message at 16:22 on Mar 13, 2015 |
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Mar 13, 2015 16:19
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moana posted:You've never taught high school, have you? I've taught for two years, and I get a hell of a lot more time off as a teacher than any other job I've ever had. Even if you teach summer school, you end up with more time off than almost anyone working a traditional job. It is true that you can basically work all the time if you really want to, but it's not like you HAVE to go home and work constantly and spend all day every day planning. My contract is 181 days in class per year. I get up to 8 absences with no real penalty. Numerous guaranteed holidays. Consistent weekends off, Spring Break. I mean, seriously. litany of gulps fucked around with this message at 00:37 on Mar 14, 2015 |
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Mar 14, 2015 00:35
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Radbot posted:So I've reached a point in my career where I'm either going to go down a more tactical path, like executing my company's plans for digital marketing, continuing to be in the weeds of web analytics implementation, managing our agency (as I currently do)... or possibly becoming a manager with direct reports. I'd really like to be in a Sr. Manager or Director level position within 3-4 years, as I know I've got the technical chops and my performance review showed that I was able to keep my personable facade over my terrible personality excellently. Do you have supervisory experience at all? Jump to another job (possibly internally depending on how big your company is) or get an MBA, that's usually how it goes. I've gotten a lot of supervisory experience purely because I know what I do really well and am extremely proactive. My manager is stuck in endless, worthless meetings instead of actually being able to get things done, so I'm effectively running things and have been for a while. I sincerely don't want to be a manager because I'd rather actually do my job, although I would love more say on strategy.
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Mar 14, 2015 02:14
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OK, so it's just gotta be another job where I'm lucky enough to be able to step right into a supervisory role. drat. No loving way I'm wasting my time with an MBA. On that note... How do you know when it's time to get a new job, from a financial standpoint? I love my current job for the most part - it's a bunch of soulless corporate bullshit, but the people I work with daily are great, I can take 3-4 work from home days a month, the pay is decent, it's relatively stable, and I work like 38 hours a week (!). However, I'm starting to get recruiter contact for positions that are 30-50% higher than what I currently make. Those positions would probably involve a move, could involve assholes, super long hours, or I could get fired the day after I move. How do you make that jump - from a job you like and are comfortable in, to one that's a total wildcard but that promises to pay more?
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Mar 16, 2015 18:16
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Radbot posted:How do you make that jump - from a job you like and are comfortable in, to one that's a total wildcard but that promises to pay more?
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Mar 16, 2015 20:41
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Alright - want to see how other people feel about this. I have two offers on the table, both of which are for a large clothing retailer in San Francisco. 1. Contracting position with a company. Through a contractor - they're offering me a wage of $72.50 an hour and I get benefits through the contracting company. 2. Consulting position at another company, but they are working with the company mentioned in #1, I'd just be a FTE with this company. Salary is $145k and I get full-time benefits through #1. I'm much more leaning towards #2 and I can't find any benefits in being a contractor outside of slightly more pay (even thougH i have to pay double-tax on it. There's a third option - working with one of the biggest retailers in the world at their Labs division. I've heard both good and bad things at this company as well. I'm not sure what the offer is yet but it should be competitive with either one. What would you choose??
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Mar 16, 2015 22:19
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Shadowhand00 posted:I'm much more leaning towards #2 and I can't find any benefits in being a contractor outside of slightly more pay (even thougH i have to pay double-tax on it. After taxes I'm pretty sure that 1099-ing at $72.50/hr would be less pay than W2-ing at $145k, assuming standard full-time with no major overtime pay. They're effectively the same hourly rate ($72.50 x 2000 = $145,000) but W2 gets a bit preferable tax treatment and is also just less hassle than 1099. All else being equal (like assuming contractors aren't second-class citizens, which they are at some places) I guess it really comes down to what the benefits comparison is between contracting and FTE.
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Mar 16, 2015 22:49
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| # ? May 14, 2024 06:17 |
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Guinness posted:After taxes I'm pretty sure that 1099-ing at $72.50/hr would be less pay than W2-ing at $145k, assuming standard full-time with no major overtime pay. They're effectively the same hourly rate ($72.50 x 2000 = $145,000) but W2 gets a bit preferable tax treatment and is also just less hassle than 1099. Keep UI in mind, too. It's a nice safety net that you won't get as 1099.
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Mar 16, 2015 23:22
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