The Difference Between Employee and Independent Contractor
It is very important to find out the meaning of the employee and the independent contractor regardless of being an employers or a job seeker. It is essential to understand this ad you are able to know the level to follow as well as the manner in which to carry out the task. Some employers and job seekers do not differentiate between the two which makes it hard to perform the tasks assigned. You need the help of articles and pages done by the specialist on the matter. Therefore in this website we have discussed these two to ensure you understand them well. Below is a guideline to guide you.
There are main differences between the employee and the independent contractor you to understand before taking the next step. You need to understand these differences as you get into the industry to know the level to fall to. Discover more about the difference between the employe and the independent contractor.
The employee does not work independently but under someone else. The employee also works on specific hours as agreed upon in the employment agreement. The employer also agrees on the rates to pay the employee when normal hours are extended. On the other hand independent contractor is one who works outside the business where he can work for various clients. Independent contractor is usually hired to do a specific task which he has the freedom to decide on how to distribute it.
An independent contractor is not entitled to any workers compensation which the employee is. For example, the employee will be compensated for work termination and other work-related injuries which an independent contractor may not be considered. In addition to this the employees are eligible to join employees unions where their demands and interests are attended to. An independent contractor executes his demands solely without the help of any union. You need to know more about this difference before as you prepare to join this industry.
The employees lack the freedom of choice on the tasks to execute but follows the instructions of their employer. Being an independent contractor gives you more freedom to carry out the tasks, unlike the employee. The independent contractor determines his pay as well as the period of delivering the task. The employee may take it or leave it depending on the offer of the employer.
Read more now from the sites and links to understand more about the differences between the employee and the independent contractor. Learn the difference from the page and differentiate between the categories and where you fit either as a job seeker or an employer. You need to access more articles which have been done on this matter to know more about the employee and the independent contractor.