I've been working for a small company (3 days per week) for nearly 1.5 years. My colleague, who is full-time, on payroll, and has a contract, who I trained, has been consistently been getting benefits, paid vacation, and bonuses for doing similar work (with less responsibilities). She may even be making more money hourly! On top of all this, it has been 11 months since my last wage increase.
I have my own small company (OMNIVISION DESIGN) and all cheques (from my boss) are made out to it.
Am I entitled to any benefits as an individual who operates his own company and is doing contract work? If not, is it realistic to ask for more money per hour?
I have more responsibilities, speak english and french fluently (my colleague does not), and I do more work outside of work (I will soon complete a 350 page book I read for work) and!
I keep asking my boss for more responsibility and she seems to ignore/postpone. My boss would openly agree that I am more productive than my colleague.
2007-07-07 07:16:57 · 7 answers · asked by Anonymous in Business & Finance ➔ Small Business
No contractor is entitled to benefits, and few if any employers offer them. As a contractor you're not an employee. just a vendor. As a vendor you have a right to raise your rate, but the employer is free to find another vendor. If you want insurance buy it. There are companies who sell it to the self employed.
2007-07-07 07:22:44 · answer #1 · answered by Anonymous · 2⤊ 0⤋
1.You are not an employee, You are your own boss with your company. This would preclude you from getting any benefits.
2. When your contract comes up for renewal, then you can negotiate a better price for your services.
3 Again, the contract would prohibit the boss from deviating aganst it untill the contract comes up for renewal.
4. The other person is a full time employee for the company and is entitled to raises and benefits. You are not because technically you are not an employee of the company. UNDERSTAND?
2007-07-07 07:43:50 · answer #2 · answered by susan h 2 · 0⤊ 0⤋
You keep referring to your boss, but you also say you own your own company. Which is it?
If it is your company, you set the price. You clients can either go with you, or go with someone else.
You are not a full-time employee, AND you do not work for this company, you own your own company and are contracted to do this work. So no, you get no benefits.
You dont get raises if you own your own company, but you could increase your rates.
People normally get raises only once per year, after evaluations... but as you said, you are not working for this other company, you own your own company, so there is no evaluation.
Are you a 1099 employee, or do you get W2's? If you get W-2's, then you are working directly for this other company, and they are paying half of your income tax. You would get benefits possibly, but you are part-time, so probably not.
If you get a 1099, then you are purely a contractor... be happy you have the work. You pay all taxes, so you should get more money to cover that. There are no benefits to people who get a 1099... you are on your own to provide all of that.
2007-07-07 07:24:35 · answer #3 · answered by Mike 6 · 1⤊ 0⤋
I think you ought to get legal advice about maximising the money that is paid to your company (your salary). There must be better ways to hold on to it, considering that you don't get perks like your colleague/s. In the U.K., there are ways to class some income as tax-free because of charity or loss-making, but I don't know about the Canadian system. This may not help with the work question, but maybe you could benefit more financially from the company that you work for by getting some advice.
2007-07-07 07:24:26 · answer #4 · answered by jenesuispasunnombre 6 · 0⤊ 2⤋
Part time employees rarely get any fringe benefits.
Independent contractors NEVER get them. (But since you refer to the person as your "boss" you may actually be an employee not an IC, at least if you're in the US.)
If you're an IC and are not satisfied with your compensation, bill them more for your services. If they refuse to pay, move on.
2007-07-07 07:32:11 · answer #5 · answered by Bostonian In MO 7 · 0⤊ 1⤋
If you are genuinely a contractor you are able to renegotiate prices if you wish (subject to existing contract notice periods etc..)
If you are in Britain the Inland Revenue may well view as employed if you work regularly for the same client (See IR35).
2007-07-07 07:23:52 · answer #6 · answered by madgooner 4 · 1⤊ 1⤋
You are not a full time employee so you are not entitled to the same benefits as a full time employee.
2007-07-07 07:19:17 · answer #7 · answered by :) 3 · 2⤊ 1⤋