Searcher Compensation 1099 vs. w2

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by an investor
in New York, NY, USA

2yrs ago

Searcher Compensation 1099 vs. w2

Are there any reasons why an investor group would be uncomfortable paying a searcher / CEO a 1099 salary vs. a W2 salary?

The pro for 1099 is that the searcher can likely be more tax efficient with that income vs. W2. Just wondering if a 1099 structure creates any issues related to employment agreements, non compete rules, and any other legal considerations.

Thanks!

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reply by a searcher 2yrs ago
from Duke University in Boston, MA, USA

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