Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (54448)	4/4/1999 1:41:00 AM
From: Oblomov	Read Replies (1) \| Respond to of 132070

Most temp workers are permanent employees of the temp agency that they are hired through. Independent contractors, however, are excluded from the wage base, because the hourly wage is based on compensation for non-exempt workers who filed a W-4 upon being hired. As you may know, independent contractors are exempt workers hired on a fee-for-service basis. Note that salaried workers are also excluded. Compensation for salaried workers is the majority of payroll at many companies these days (perhaps most?). So, the figure means quite a bit less today than it meant in say, 1956. AA