Independent Contractor FAQ’s
Are there some benefits of hiring an independent contractor? Contractors are relatively cheaper than hiring permanent employees. Apart from paying salaries and other compensations, employers parts with other expenses such as payroll taxes, insurance premium among other benefits. When hiring ICs, you don’t need all these expenses. Hiring an independent contractor also minimizes exposure to […]
Employee vs. Independent Contractor
Employees and independent contractors are two types of workers who are usually controlled by a company or a businessman. These statuses indicate a type of employees the business relationship that exists between employer and employee. The main difference between a contractor and an employee is a degree of control and independence that an employer renders. […]
Employee vs Independent Contractor
Are you an employee or an independent contractor? And really, why does it matter? You’re getting paid all the same, aren’t you? Not necessarily. There are distinct legal differences that you need to understand between the two, and whether you’re an employee or an independent contractor can affect your rights in the workplace. How is […]
Independent Contractor Determination
When an organization hires workers, they are either classified as independent contractors or employees. It’s important that you make the correct determination, since employers can label their workers as independent contractors when they are actual employees. In such a case, the employer does not have to pay the minimum wage and payroll taxes. In addition, […]