More than 75% of Job Posts are Remote
remoteclan.com
remoteclan.com
https://news.ycombinator.com/item?id=28152174 (335 points/437 comments)
Since onsite is usually implied and rarely mentioned explicitly in the text, taking a corpus that mentions either term will bias heavily towards remote
Labor market conditions are very clear.
Is there any sucessful case history of this?
Again an offer letter is not a contract. After you start working your employer can change the terms of your employment, whether it is a month or a year later makes no legal difference for an at will employee-employer situation. Similarly you are free to quit your job after a month or a year without being sued by your former employer in either case. At will employment means the terms of employment are continuously negotiable. However, I believe in some US jurisdictions, if your employer cuts your pay or requires you to work in a new location you may be eligible for unemployment compensation in some cases if you quit. That is about it.
This idea that highly paid programmers could sue their employers if they require them to show up at the office seems ridiculous to me. Unless you are an independent contractor you do not get to decide the terms of your employment. You are always free to quit and get another job though.
Employers know that remote is appealing to devs, so they're eager to claim they're remote employers. As folks elsewhere have said, read the fine print and get commitments in writing if needed.
I'm not sure it really matters. As I can always walk if they require me to come in to the office, but the company has been mostly remote for years and the team is all over the country.
A big issue i see is networking and social life. But those aren’t always good with in-person jobs either, your coworkers could be different than the people you like hanging out with. I think instead we should create more options to socialize and network outside of your job.
Also of course not every job is best for hybrid, but most software dev seem to be. I’ve been lucky to work in places which had some hybrid pre-Covid, and being in person has its benefits (e.g. much easier to communicate and ask for help), but working at home has benefits too (e.g. working productively when you have other appointments that interrupt you during the day)
Also since being forced remote for a year or so, most of my colleagues are happy to be returning to in-person work on an occasional basis
The biggest issue is people who are resistant to change and are unwilling to learn new ways of communications. Some companies were forced to go remote but never did remote correctly. Some people just work at home and produce work but the team work/communication isn't there. This may make people feel like "hey, office was better", but as someone who has been apart of many online communities, you can form relationships online and collaborate to get things done. This wont happen with people who refuse to change.
[x] onsite
[ ] remote
This is reminding me of that bizarre time on a project migrating network device management data/contracts from Excel sheets to SAP. There was a template. It was copied and used, and modified. So creativity enters and nothing is where it should be, and people start to represent information with things other than textual content, like position/indenting, or the worst: cell highlight colours.Also an uptick in American companies attempting to hire remote from Canada, which is potentially good, except that I doubt many of them actually have the infrastructure (payroll, benefits, etc.) for doing the hire, so it's either contract, or it never actually happens.
So you are guaranteed a remote work environment from an open office.
I really don’t think that will work long term, so can see a lot of restructuring.
Job listing: Remote possible
First/Second interview: We would actually prefer this position to be on site.
If we move in this direction more, we'll potentially chip away at some of the "employer=healthinsurance" mindset that has trapped so many people in less than optimal jobs.
The payment model for that seems somewhat opaque anyway - you've got mileage/depreciation on a vehicle, fuel, no hourly base pay to start with (IIRC).
For companies that employed an accountant onsite for, say, $70k/year, if they want to pay that accountant direct, say, $90k directly... fine.
Certainly, there are cases where contract employment is offered with pay that does not compete well against full-time employment/salary plus benefits, but that is not always the case.
Anecdotally, I've seen contracts done as W2 with benefits, even as a part-time employee. And I've seen 1099 contracts that far outpaid the W2 equivalent - in my case allowing me not only to pick and choose my benefits with plenty of money left over (even after paying self-employment taxes), but also using the U.S. tax system to great advantage, putting a very large portion of my gross pay into tax-advantaged accounts[0].
[0] https://www.irs.gov/retirement-plans/one-participant-401k-pl...
(I'm not in the US, you seem to have your own hell there, but still, every 'benefit' has a price tag, no?)
How long has it been since then?
What most people would consider "good" insurance costs $1500-2000 per month for a family.
I've never seen an employer chip in less than 50% of that cost.
The difference in pay between W2 and 1099 was $30,000 / year. This more than covered all taxes and health insurance costs. (And even the W2 rate was much higher than typical full-time salaries.)
The main difference in taxes is the 15.3% you pay towards FICA, where an employer has to cover most of it for W-2 (you still pay 6.2%.) I don't remember all the exact numbers any more, but if 1099 is ~25% more than W-2, odds are pretty good you can do better on your own, especially if you take advantage of the solo 401(k) to reduce your tax load.
What did this buy, though? That premium sounds like either a "health sharing ministry" or some kind of barebones catastrophic plan. Both are smart options if a person has good income and a financial cushion, but they're a much lesser coverage than what most big employers would provide.
> if 1099 is ~25% more than W-2, odds are pretty good you can do better on your own
I've used a wider margin as a rule of thumb when considering it in the past. I'll have to rerun numbers based on my current income and benefits.
> especially if you take advantage of the solo 401(k) to reduce your tax load.
That secret $54k deduction... probably the biggest benefit for anyone who is moderately high-income and retirement-minded.
A silver level high deductible health plan in a high cost of living state is about $400 per person for early 30 year olds. You can assume health insurance costs $350 per person, plus or minus 10%, in healthy years. Then you have to multiply by age rating factors. So a family of 4 with parents around 40 will be ~$1,500 per month for a silver HDHP.
This pdf is a good rubric:
https://www.nj.gov/dobi/division_insurance/ihcseh/ihcrates20...
It was not a health share ministry or barebones catastrophic. It was something like Blue Cross Silver, though I don't remember the exact name (and the name would reveal more about my location than I probably should share.)
My comparison was to a plan with a previous employer that cost me $400/month (my portion) and was worse. So paying "$300 more" for a better plan also took a lot of the sting out of it.
Edit: Another benefit is health care premiums are tax deductible as long as you are not eligible to go under a spouses employer plan.
Nominally, this works out for both employer and employee, since those benefits can be paid for with pre tax money. Really, it gives big businesses an advantage over small businesses that cannot afford the costs to administer these benefits or the non discrimination testing. And it advantages businesses over employees by obfuscating what their true pay is.
It also gets hairy for a married couple where one spouse is a W-2 employee with the standard retirement contribution and subsidized health insurance benefits, but the other does not.
The standard deduction largely gobbled up this scenario - paying towards health insurance premiums is tax deductible, but unless you can itemize beyond that standard deduction, it no longer matters. So in that case, yes there's somewhat of an advantage. Overall it can lead to complicated math trying to determine which scenario (W2 or 1099) will leave you with the most money/benefits.
And yes - with things like pooling resources, big business can often get better negotiated healthcare premiums than small business, let alone individuals.
For couples, it just varies by situation. Sometimes the W-2 member of the couple can get family health insurance, if that's a better deal than what the 1099 can get. If that's not an option, then yes, the 1099 member has to fend for themselves and buy an individual health insurance plan.
It is not deductible, unless you are self employed. For example, a W-2 person working for a business with less than 50 employees which does not offer employer subsidized health insurance is not allowed to deduct health insurance premiums. You also cannot deduct if you are even eligible under a spouse’s employer subsidized health plan (although I do not know how they could audit you and find this out).
> And yes - with things like pooling resources, big business can often get better negotiated healthcare premiums than small business, let alone individuals.
Not really, healthcare.gov premiums and employer premiums are pretty close for the most part. The difference is in being able to pay with pre tax versus post tax income.
> For couples, it just varies by situation. Sometimes the W-2 member of the couple can get family health insurance, if that's a better deal than what the 1099 can get. If that's not an option, then yes, the 1099 member has to fend for themselves and buy an individual health insurance plan.
I was referring to the complications arising from determining limits for retirement contributions when one spouse is W-2 and the other is non W-2. For most people this will introduce the need for an accountant. For the amount of money that the vast, vast majority of Americans earn, I think they would easily come out ahead being W-2 employees with subsidized benefits via large employers.
Yep, I'm not an accountant but a 401k for 2021 says you can contribute up to $19,500. But a SEP account for 2021 maxes out at $58,000.
A SEP account is something a contractor or any self employed person can contribute to. It's a tax deferred account meaning the amount you put in is taken off your income right now but then you pay taxes on it later when you withdraw it. Like a 401k, the catch is you need to wait until 59.5 years old to touch it. You can also invest it.
Being able to defer an extra ~40k of income every year is a lot. You could take that 40k and invest it. At 0% interest over 15 years that's $640,000, 3% interest yields $828,593 and 5% interest is $989,456. If you took out your 40k / year at 60 years old, you'd be paying almost no tax on it since your income will be $0 since you're retired and your 828k (middle ground of 3%) would last you another 20 years.
Then there's 15 years of not being taxed on 40k of income at a 35%+ bracket which is roughly 14k a year or another 210k (not counting state taxes which are quite high in places like California and NY). Even if you had to pay $10k a year out of pocket for your own health insurance for 15 years you're coming out way ahead.
Thanks, but I can only work part-time due to my disabilities. I have 2 rare neurological diseases affecting my peripheral nervous system plus type 1 diabetes. Even as an electrical engineering graduate student this is a bad situation, being American. Not every person working in tech is able-bodied.
Via the Affordable Care Act, I am heavily disadvantaged. Not only do I meet the maximum out-of-pocket (both in network/out-of-pocket yearly), but I have a lot of uncovered costs. My out-of-pocket costs as an individual are well over $20K/year. Also, where I am from in the US, the ACA plans are only HMO plans. One of the immune-mediated neurological diseases I have is very rare, and I am lucky to be alive, as this disease has been life-threatening in the past. It is in remission now. However, the disease was discovered on NIH grant funds in the 2000s, so I really am tremendously lucky to be alive.
That being said, HMOs are a problem. There are only certain doctors who really know how to treat my very rare disease. If I want to stay alive, I really cannot be on an ACA plan.
The system is @#$% and I suggest you check your privilege at the door. I currently live abroad as I want to (need to?) stay alive. I also rely on certain, hard-to-obtain treatments, too.
How do you find good contracting firms? All I’ve ever seen are body shops.
I have an LLC if that works, I figure I could do a Corp to Corp as long as LLC exists within the US.
I'll probably consult with a lawyer before doing this though.