Korean Job Discussion Forums

[talentedcrayon]

I want to be an independent contractor (IC). The school is willing to hire me as an an IC. (I know all about how the IC is usually used to abuse teachers, in my case it doesn't matter. They can't and aren't going to be abusing me).

Is it possible to be a IC? I remember reading about a lawsuit and a Supreme Court decision on that a few years ago.

[denverdeath]

Sorry, but I've not been there in a while, so things may be dated again. IC, from what I know, means much higher personal income tax, like 3.3% or sth. From that, ur legally supposed to remit taxes, health(self-insured payments), and pension contributions. I think the reason it was such a big issue with the "criminals" was that they never informed new recruits of what a shady company they were getting into..pension and health ADD up if ur registered, as ur supposed to be, and ur 'employer' is supposed to match your contributions. Hence, the IC deal is often a crappy one. If u don't want health and pension, BOTH risky, it still may be an option. If those bases are covered elsewhere, from another job, ur good. U will still have to pay basic income tax though.

[TheUrbanMyth]

[talentedcrayon]

Thanks for the reply. That's what I gathered based on what I've read elsewhere.