On Thu, Aug 27, 2009 at 1:38 PM, Anthony <wikim...@inbox.org> wrote: > On Thu, Aug 27, 2009 at 1:23 PM, Thomas Dalton <thomas.dal...@gmail.com>wrote: > >> 2009/8/27 Anthony <wikim...@inbox.org>: >> > I'm not convinced Halprin is even employed by the Omidyar Network. >> > According to the website, he is a partner. Partners aren't employees. >> >> I think partners usually are employees, just ones with a stake in the >> business. > > > You're probably not an accountant who has kept the books of partnerships, > then (at least not in the US). By law, partners are not employees. > Payments received by partners for services rendered are "guaranteed > payments", not "wages". >
And not all partnerships even pay guaranteed payments. It's quite common for partners to get paid as a share of the net profits of the partnership, not for services rendered. _______________________________________________ foundation-l mailing list foundation-l@lists.wikimedia.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/foundation-l
