How much is the Temp Agency that I work for getting paid for my services?
When I interned/contracted at a telco in college I realized the same huge discrepancy you’ve stumbled upon and would bitch about it with the consultants during lunch. They mentioned that if you’re going to continue contracting/consulting for an extended period of time it is sometimes possible to set yourself up an S-Corp (Jersey personal business type – don’t know anything about other states), have the employer pay your personal S-Corp as a proxy staffing agency and then pay yourself in dividends. Even with capital gains you usually come out on the plus side. There’s alot of personal income math and tax estimation to be done beforehand but I knew individuals who took home extra tens of thousands a year doing it. Disclaimer: not saying ‘gogogo!,’ just throwing it out there as an option to look into.
Here’s one way to find out what they’re charging you out for (and this is without knowing whether you are working in an administrative capacity) See if you can intercept any mail coming from the the temp agency (usually marked confidential!). Open it, it’ll likely contain a statement for your services. I actually did this- but I was working as a receptionist. I just played dumb when asked about why I’d opened confidential mail, since, hey, my job consisted of opening mail. I was working for $10/hour at the time and if I remember correctly, they were charging me out at $17. This was 10 years ago, though. Temp agencies are a bloody waste of time, IMHO. Don’t bother fighting with them for a higher wage. They don’t care.
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- How much is the Temp Agency that I work for getting paid for my services?
