Debunking the Contractor Conundrum

By Jennifer Maxson

Have you ever considered being a contractor for an employment agency?  Most of us are hesitant because we need health and other benefits that come with a permanent position. On the other hand, the thought of exploring different types of jobs, having flexibility in the daily work schedule, and building our resume with new opportunities is certainly attractive. But you need those benefits!

Many employment agencies that place contractors have heard your concerns and want to be able to provide a benefits option for you.

For employment agencies that offer medical benefits after 90 days, you pay the entire plan amount, but it is deducted from your paycheck in increments.

In some cases, you need to have worked a number of assignments before being offered the opportunity to apply for benefits.

For some employment agencies, only the contractor can be insured, not other family members.

Others may have shorter waiting periods or relationships with insurance companies (like AFLAC) that will allow you to participate in a medical plan where you pay the premiums directly to them.  In this type of scenario, you can continue your benefits privately whether you continue working for that firm or not.

Companies like Gava Talent Solutions (GTS) are treating contractors the same as full time employees and offers them both the exact same options. For example, everyone working for GTS, gets Kaiser and United Healthcare insurance plans, a Healthcare Savings Plan, Vision, Dental and Life Insurance. Most importantly, GTS covers 90% of the insurance premium!

Benefits impact productivity and employment agencies are also now recognizing the impact it makes on their workforce.

According to survey results from the nonprofit Health Enhancement Research Organization (HERO), over 90 percent of business leaders say that promoting wellness can affect employee productivity and performance. The survey report evaluates how employers see a healthy workforce influencing morale, engagement and overall corporate performance. The findings are based on a survey by more than 500 business leaders from across the US, from a variety of industries and company sizes.

Don’t be afraid to explore your options as a contractor.  Make sure to ask whatever agency you are interviewing with what benefits they offer.

About the Author

jennifer maxsonJennifer specializes in placing senior level accounting, finance and HR positions. Her passion for matching people with their dream job drives her to provide high quality work for each and every Client. She can help with any interim projects, contracts or direct hire needs you may have.

Connect with Jennifer on LinkedIn or reach out at jennifer.maxson@gavatalent.net.

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