[mathewjkamuchey]

My question is based on the fact that there are many hidden costs , health ins workmans comp unemployment etc etc . Can you calculate for me an estimated cost for an 18 dollar an hour employee. It is my belief that I can save the company I want to work for 5,000 dollars a year while I almost double my net pay. If they hire me as a subcontractor rather than a regular employee

[Fr_Chuck]

Well let me see, you will not have any workers comp coverage, you will not have any unemployment insurance to cover you. You will not have any health insurance ( have you ever gotten a price for individual policies)
And you will have to pay an additional 7.5 percent in taxes on your income for your share of the self employment ( social security) taxes.
Also there is holiday pay, vacation pay

So unless they increase you current pay scale by a higher amount than you make now, you will have a net income a lot less if you try and have all the same benefits paid out of your own pocket.

But just their share of your social security will save them 2800,

[oneguyinohio]

There are also some "requirements" that have to be met in order for the employer to classify you as a subcontractor. You could end up with a lot of headaches if it isn't handled properly.

Employee vs. Subcontractor - Bookkeeping & Quickbooks