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Freelancers Union is probably one of the best resources that I have come across for entrepreneurs. If you are an independent consultant or a freelance contractor, this is a great source to guide you and give you a voice. Until now, independent contractors were not the center of focus for legislatures as well as the politicians running for public offices. This Presidential election, both democrataic and republican candidates have specifically addressed this segment of the workforce. Freelancers Union is a brainchild of Sara Horowitz, a former labor attorney. More than the union aspect of this non-profit, the company offers great resources and information for independent contractors.
I learned a hard way myself when I started consulting and didn’t understand fully the implication of being an independent contractor. Upside for employers is obvious. As an employee, employers are obligated to pay benefits and paid holidays and sometimes required to commit for long term contracts. Upside for independent contractors is also there – usually only for a short term. Flexibility and freedom are almost always the deciding factor for going independent. But, there are some serious down sides – ranging from not having company subsidized health insurance to missing out on company matched retirement funds. Freelancers Union is already offering subsidized health insurance for qualified members.
I strongly advise entrepreneurs to leverage on this group to understand and benefit from the services they offer. Membership is free! Its based out of New York for now but they are expanding aggressively. The city and the State of New York are on board. So are some of the prominent private sector companies including J.P. Morgan Chase and Rockefeller Family Fund.
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