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Gig Companies Go Old School and Hire Workers | News Fix | KQED News

The nugget of the Trusted story is that the decision to hire workers is an economic one. The CEO of Trusted, Anand Iyer, calculated he would actually save money by hiring employees instead of getting gig workers. Here’s the logic. In the short term, employees cost a business more. Companies have to pay higher taxes […]

The nugget of the Trusted story is that the decision to hire workers is an economic one. The CEO of Trusted, Anand Iyer, calculated he would actually save money by hiring employees instead of getting gig workers.

Here’s the logic. In the short term, employees cost a business more. Companies have to pay higher taxes and offer benefits like workers’ compensation. But Iyer says employees tend to stick around longer and fewer quit. There is less “churn,” or worker turnover, which means less money spent on find

Source: Gig Companies Go Old School and Hire Workers | News Fix | KQED News

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