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by CydeWeys
1348 days ago
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Tech workers are so highly compensated anyway that benefits aren't a huge percentage of the total cost of employment. The main reasons to prefer contractors in times of economic difficulty are: (a) contracts are fixed length, so it's easy to simply let a contract lapse rather than renewing it if conditions worsen/don't improve and you want to cut headcount without having a layoff, and (b) contractors frequently count differently on a balance sheet (as operating expense vs employee expense). |
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