Nearly two in five (37 percent) managers, directors, and executives believe their organization enacted layoffs in the last year because fewer employees than they expected quit during their RTO. And their beliefs are well-founded: One in four (25 percent) VP and C-suite executives and one in five (18 percent) HR pros admit they hoped for some voluntary turnover during an RTO.
Yep. I’ve done exactly that. Something overlooked a lot of places is to actually start an LLC (it does cost a bit, especially if you’re strapped) if you can because that protects you. If you screw something up by accident a company can either come after you personally or the business that employs you.
Simply having an LLC isn’t enough- it’s the separation of personal and business that enables protection. Until you have other employees, this is really hard to do/show.
If you’re going to go this route, you should probably talk to an attorney anyway.
And an accountant, but yeah this is solid advice. It was definitely something I knew but didn’t realize that it’s harder than it looks back when I did it.