Charlie Mayhone, President of MedCore Talent – A member of the Sanford Rose Associates® network of offices Featured in Indoor Environment & Energy Efficiency, Contractor or New Hire?
By Audrey Henderson
It’s clear that you need more manpower (or womanpower), but does it make more sense to hire a full-fledged full-time or part-time employee or obtain the services of a contractor? Like many business owners, you may be inclined toward a contractor, at least partially to avoid paying employment-related taxes associated with a new hire. However, there are potentially adverse legal consequences associated with mishandling the addition of personnel to your company.
Charlie Mayhone, president and CEO of MedCore Talent, a member of the Sanford Rose Associates network of offices located in Huntersville, North Carolina, agreed. According to Mayhone, companies placed an emphasis on running lean during the Great Recession, and have continued to do so even with the recovery of the economy. As a result, many companies favor contractors rather than hires, especially for lower level positions.
Read more: http://www.ie3media.com/contractor-new-hire/