W-2

In job listings for positions in the United States, the term W-2 refers to a specific type of employment classification. A W-2 role signifies that the developer will be a direct employee of the company, as opposed to a self-employed independent contractor who would typically receive a 1099 tax form.

What W-2 Means for PHP Developers

For a PHP developer, accepting a W-2 position means entering into a traditional employer-employee relationship. The employer is legally responsible for withholding federal, state, and local income taxes from the developer's paycheck, as well as their share of Social Security and Medicare taxes. W-2 employees are also covered by unemployment insurance and workers' compensation laws.

Benefits of W-2 Employment

W-2 roles are often sought after for their stability and the comprehensive benefits packages that frequently accompany them. These benefits can include:

• Employer-sponsored health, dental, and vision insurance.
• Paid time off (PTO), including vacation days and sick leave.
• Retirement savings plans, such as a 401(k), often with an employer match.
• Access to other company perks and professional development opportunities.