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What is Crop2crop recruitment? what is the difference between US recruitment and Indian recruitment/ what is W2W

  
Total Answers and Comments: 1 Last Update: June 28, 2008     Asked by: Lavanya 
  
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June 28, 2008 04:43:42   #1  
ramesh gupta Member Since: June 2008   Contribution: 1    

RE: What is Crop2crop recruitment? what is the difference between US recruitment and Indian recruitment/ what is W2W
Contract - Corp to Corp
that means that you have your own company and client company will make payments to your company for the work you do.
They will pay a flat rate such as $50/year. And you would get paid from your company either as 1099 or W2 as described below.

Contract - Independent
Client company will directly pay you on hourly basis. They will give you 1099 at the end of the year for the money they paid. You are working as a contractor. They will pay a flat rate such as $50/year and you are responsible to pay all your taxes such as social security tax medicare tax (employee and employer portions.)

Contract - W2
You are an employee of the company. You will get salary. Additionally you may get health insurance holidays vacation and other benefits

 
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