028: All You Need To Know About Independent Contractors vs. Full-Time Employees

While there are certain advantages to hiring independent contractors, converting those contractors to full-time employees is crucial for business growth.

But when is the best time to convert a contractor to an employee?

In this week's episode of 'While We Were Working', Joey and Sommer discuss the transition from contractor to employee as you look to build your team. Tune in to learn the pros and cons of hiring contractors and the benefits of having your first full-time hires.

Sommer and Joey also share their thoughts on Roe v. Wade and its impact on the workforce. You'll learn how to manage sensitive topics as a small business leader and how this news could impact your workforce.

 

Key Takeaways 

  • Intro (00:00)
  • WWWW: Should companies discuss Roe v. Wade at work? (01:57)
  • How did large organizations react to Roe v. Wade? (06:45)
  • How to communicate and manage sensitive topics as a small business leader (11:18)
  • When should I convert independent contractors to employees? (18:19)
  • What to consider before hiring your first employee (22:41)
  • What the IRS states about independent contractors vs. employees (25:37)
  • The advantages of hiring employees vs. contractors (29:57)

 

Additional Resources

📰 Article in question: 

https://www.forbes.com/sites/edwardsegal/2022/05/09/why-companies-may-not-speak-out-about-the-future-of--roe-v-wade/?sh=637910c127e2

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Hosts: Joey Price and Sommer Ketron

This show is powered by Jumpstart:HR, LLC 

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