On Thu, Aug 27, 2009 at 1:23 PM, Thomas Dalton
<thomas.dalton(a)gmail.com>wrote;wrote:
2009/8/27 Anthony <wikimail(a)inbox.org>rg>:
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.