|
Types of Employment
Full-Time Employees
A Full-time employee is an IT Professional who is classified as exempt from
the requirements of the Fair Labor Standards Act and is paid for forty hours
per week. A Full-time employee is eligible to participate in all of CCSI's
employee benefits programs. Taxes are withheld, and CCSI pays matching
employer taxes on their income.
Hourly Employees
An hourly employee is paid for all hours worked, taxes are withheld, and CCSI
pays employer taxes on their income. Because these individuals are
professionals, they are also exempt from the Fair Labor Standards Act.
An hourly employee is eligible to purchase health insurance, if desired.
An hourly employee is also eligible to participate in the SIMPLE IRA program,
and receive company-matching funds.
1099 / Corp-to-Corp Subcontractors
1099 / Corp-to-Corp subcontractors are paid for hours worked, when payment is
received from the client. CCSI does not pay employer taxes, nor withhold taxes
on these individuals. Income is reported to IRS on a form 1099 yearly for
individuals who are not incorporated. In all cases, CCSI only allows this
status to individuals meeting the IRS qualifications, including the following:
- Payment to the 1099 subcontractor is made only when CCSI receives payment from the client,
which means that the subcontractor takes a financial risk
- The subcontractor controls his/her own schedule, and may work
for other clients as well
- The subcontractor is not supervised by CCSI employees
|