Why BofA is hiring contractors in such huge numbers? Is it just usual business or something big is going to happen.
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What LOB?
They don't have to pay them nearly as much as they pay employees... not that we W-2 folks are making fortunes. They don't have to pay contractors health insurance, dental, etc., and the bank-minimum-wage also doesn't apply to them. However, they get to dangle those things in front of them conditioned on vague expectations of good performance. It's one of the top 15 scvmm!est things I've seen this place do.