Latest / Arroe Collins Like It's Live / The Choice Making The Choice To Have A Full Time Job Or Become A Contract Employee
Transcript
- 0:00Speaker 1: Arrow dot net. It's more than just a podcast. It
- 0:02Speaker 1: is a podcast network, an opportunity to score when it
- 0:06Speaker 1: comes to the department of having a choice when you're
- 0:08Speaker 1: driving into work or while you're at work. You know,
- 0:11Speaker 1: sometimes you just don't want to hear newsreels over and
- 0:15Speaker 1: over again and true crime, Eh, you solve that thing?
- 0:18Speaker 1: They were the first paragraph of the podcast. How about
- 0:21Speaker 1: a show like Foodie Paradise. We're talking to all of
- 0:24Speaker 1: the home chefs as well as the professional chefs you
- 0:27Speaker 1: see on TV and so much more. Foodie Paradise only
- 0:32Speaker 1: on Aero dot net Arroe dot net. Enjoy your exploration
- 0:37Speaker 1: when it's extremely difficult to make up your mind, I mean,
- 0:40Speaker 1: having the power of choice can actually weaken a person.
- 0:43Speaker 1: On this episode, we're going to explore a choice to
- 0:47Speaker 1: stay full time at work or go the way of
- 0:49Speaker 1: contract employee. What are the pluses and minuses of both choices?
- 0:55Speaker 1: My name is Arrow. Life is a series of choices.
- 0:58Speaker 1: Who decides when you're not making the right choice? And
- 1:01Speaker 1: is it a fear of things going wrong? The greatest
- 1:03Speaker 1: lessons in life are often lost inside hidden away attempts
- 1:06Speaker 1: and concepts. Well, it's time to reopen your heart. Having
- 1:11Speaker 1: that power of choice is your daily gift. On this highway,
- 1:15Speaker 1: we're going to learn how to trust mirages. What is
- 1:18Speaker 1: the choice, oh the pains of being a contract employee?
- 1:24Speaker 1: What are the pluses and minuses to be on such
- 1:27Speaker 1: a team employee or contract employee? It truly seems like
- 1:33Speaker 1: more American businesses are leaning in on six month to
- 1:37Speaker 1: one year contracts rather than going all out full time
- 1:40Speaker 1: experience with coworkers and employees. The pluses inside flexibility can
- 1:46Speaker 1: be found in a contract employee. It is your choice
- 1:50Speaker 1: of hours as well as the days you want to work.
- 1:53Speaker 1: It's also a choice for contract employees to work out
- 1:57Speaker 1: hourly pay because it has been proven that contract employees
- 2:00Speaker 1: usually get paid more money because businesses aren't forking out
- 2:04Speaker 1: a bunch of money for health benefits. By choosing to
- 2:07Speaker 1: be a contract employee, you're able to work many different jobs. Plus,
- 2:12Speaker 1: in many cases, you're endlessly scoring tax breaks due to
- 2:15Speaker 1: business expenses. Okay, what are the minuses now of being
- 2:21Speaker 1: a contract employee While paying for your own insurance and
- 2:26Speaker 1: for one K plan income instability, there are no guarantees
- 2:32Speaker 1: to always have a job. Self employment taxes include portions
- 2:36Speaker 1: of your social Security as well as Medicare, and there's hardly,
- 2:40Speaker 1: if ever any job security. A contract can end at
- 2:45Speaker 1: the drop of a hat. Wow, coming up next, it
- 2:50Speaker 1: is time to turn the tables. Let's find out the
- 2:52Speaker 1: pluses and minuses of being a full time employee. Hey, thanks,
- 3:00Speaker 1: they're coming back to the choice. Time to turn the
- 3:02Speaker 1: tables a bit. Here we chose to talk about life
- 3:05Speaker 1: as a contract employee first and how it lets you
- 3:08Speaker 1: have pluses and minuses when it comes to full time work. Well,
- 3:13Speaker 1: when you do have that full time work at a business,
- 3:15Speaker 1: you've got stable income, career development, promotions, training, and long
- 3:20Speaker 1: term growth opportunities. Plus is a full time employee. They
- 3:24Speaker 1: have employees that handle your taxes for you bi weekly
- 3:28Speaker 1: or even weekly for some companies. As for the minuses
- 3:32Speaker 1: of being a full time employee, no flexibility, there's always
- 3:37Speaker 1: salary ceilings, workplace politics, and like most companies, they put
- 3:42Speaker 1: you in front of rules and roles that constantly change.
- 3:47Speaker 1: Let's break it down just a bit. Choosing to be
- 3:49Speaker 1: a contract employee or full time employee is determined that
- 3:53Speaker 1: if you want and can handle freedom, independence, and in
- 3:58Speaker 1: many cases higher pay, or do you want the security
- 4:02Speaker 1: of having a daily job, health benefits, and long term consistency.
- 4:08Speaker 1: Switching over to being just a contract employee is kind
- 4:12Speaker 1: of one of those things that people in their midlife
- 4:14Speaker 1: are jumping onto. You've already got the talent and the
- 4:18Speaker 1: skills to pull it off. The question is do you
- 4:20Speaker 1: have the guts to go flexible to shape your own
- 4:24Speaker 1: walk and way. The choice is to be in control
- 4:29Speaker 1: or let corporate America have total control. Ooh, that is
- 4:33Speaker 1: a choice. I'm arrow and that's what I was writing
- 4:36Speaker 1: while the sun was waking up on a brilliant new day.