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*Dungeons & Dragons
[Updated] Chris Sims & Jennifer Clarke Wilkes Let Go From WotC
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<blockquote data-quote="mlund" data-source="post: 7658580" data-attributes="member: 50304"><p>Well, layoffs have to do with the production of future products. That may or may not have to do with the success of already completed products. It really depends on the business plan.</p><p></p><p></p><p></p><p>Sorry, W2 is a tax-filing qualification for an employer and employee in the U.S. - distinct from a 1099 which would be an "independent contractor" (considered self-employed under U.S. tax and labor laws). If you are "headcount" in a US company that means you are a full-time W2 on file for the company. Contractors (or "contracted staff") either 1099s or are basically requisitioned from a staffing agency (and their W2 is filed under the agency), who is responsible for employment law compliance (benefits, taxes, etc.). It's all largely Kabuki Theater too, since the agency doesn't keep paying you if the other company just stops giving your work one day and they probably won't place you at a new position before you can find one on your own either (at least that's how it works in IT contracting). In either case Contract Staff can be dismissed at any time and the company that was using them isn't responsible for unemployment insurance, severance, or anything like that.</p><p></p><p>When a publicly-traded U.S. company officially reports on "employees," that's supposed to mean full-time W2s they are liable for. Contract staffing fees are filed under their balance sheets as a separate expense.</p><p></p><p>When a privately held company talks about "employees" they can refer to FTEs, interns, part-timers, family, and pets as "employees" if they please. Hence the curiosity.</p><p></p><p></p><p></p><p>Sounds about right. They publish monthly and Paizo doesn't have a larger corporate entity (WotC or Hasbro) that handles its admin, legal, web, publishing, vendor relations, or accounting functions.</p><p></p><p>Thanks for the info, +Morrus!</p><p></p><p>- Marty Lund</p></blockquote><p></p>
[QUOTE="mlund, post: 7658580, member: 50304"] Well, layoffs have to do with the production of future products. That may or may not have to do with the success of already completed products. It really depends on the business plan. Sorry, W2 is a tax-filing qualification for an employer and employee in the U.S. - distinct from a 1099 which would be an "independent contractor" (considered self-employed under U.S. tax and labor laws). If you are "headcount" in a US company that means you are a full-time W2 on file for the company. Contractors (or "contracted staff") either 1099s or are basically requisitioned from a staffing agency (and their W2 is filed under the agency), who is responsible for employment law compliance (benefits, taxes, etc.). It's all largely Kabuki Theater too, since the agency doesn't keep paying you if the other company just stops giving your work one day and they probably won't place you at a new position before you can find one on your own either (at least that's how it works in IT contracting). In either case Contract Staff can be dismissed at any time and the company that was using them isn't responsible for unemployment insurance, severance, or anything like that. When a publicly-traded U.S. company officially reports on "employees," that's supposed to mean full-time W2s they are liable for. Contract staffing fees are filed under their balance sheets as a separate expense. When a privately held company talks about "employees" they can refer to FTEs, interns, part-timers, family, and pets as "employees" if they please. Hence the curiosity. Sounds about right. They publish monthly and Paizo doesn't have a larger corporate entity (WotC or Hasbro) that handles its admin, legal, web, publishing, vendor relations, or accounting functions. Thanks for the info, +Morrus! - Marty Lund [/QUOTE]
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[Updated] Chris Sims & Jennifer Clarke Wilkes Let Go From WotC
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