Ep. 69 Myth Buster: Does An Employee Cost More Than A Contractor?

“But Kira, aren’t employees more expensive than contractors?! I can't afford to be compliant!”

We’ve heard it a million times, and we know why. There's a lot of misinformation out there. So we’re putting this fallacy to rest once and for all. 

We’re diving into the 3 actual costs of hiring an employee versus a contractor. What exactly will hit your budget? We'll break down the must-pays (eh ehm, taxes), the optional extras, and how much to budget to keep everything HR compliant when working with employees. 

Plus I’m revealing the most unexpected, often overlooked cost of bringing on an employee. Trust me, it’s not what you’re thinking.

Let’s bust this myth together! 

SHOW NOTES: 

Employee Cost Calculator: Download the calculator here and start plugging in your numbers today! https://settoscale.com/products/employee-cost-calculator?_pos=1&_sid=7a0642f27&_ss=r

Set To Scale: Join our monthly membership for personalized HR solutions that grow with your business. Learn more here: https://the-paradigm.com/settoscale