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Use of Contract Labor by Small Businesses Continues to Grow

Small Business Labs

  The data covers business receipts, deductions, and net income reported by taxpayers on Schedule C of tax Form 1040.   Over the same period, spending on salaries and wages (meaning traditional employees) rose from $73.7 The IRS released their 2016 tax data on sole proprietors.     In 2016 about 25.5

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Use of Contract Labor by Sole Proprietors Surging

Small Business Labs

This data covers business receipts, deductions, and net income reported by individual taxpayers on Schedule C of Form 1040.   Over the same period salary and wage expense increased only 10.7%. In 2013 contract labor was 36% of total labor costs, up from 31% in 2010 and just 20% in 2003

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Will This Tough Job Market Change Generation Y?

On The Job

With their technology skills and great social networking abilities, GenY ( born roughly between 1980-2003) previously have found employers willing to meet their expectations. Today, more than 50 percent of candidates say they will take the salary offered. They want you ready-formed with skills you can use day one.

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