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. This understanding makes it a bit easier to know how to execute the assigned task. However, these entities are generally confused which makes it hard to hire or even get employed. Learn from the pages and articles written to get the idea on the matter. You will get to know more about these entities in this homepage as we have communicated what they are. Below is a guideline to guide you.
As you get into the industry you need to understand the differences between the employee and the independent contractor. It therefore requires one to understand them before you get in the industry to know the category to land. Read more here about the differences you need to note.
The employee works while being supervised by the employer. The employee also works on specific hours as agreed upon in the employment agreement. The employee is however paid on overtime on. The independent contractor may work for different clients outside the business. Independent contractor is usually hired to do a specific task which he has the freedom to decide on how to distribute it.
There is employee compensation which may apply to the employee which the independent contractor is not entitled to. An employee is more considered on work compensation especially when terminated from work or even experiences work injuries but the independent contractor is not. The employees have the freedom to join any employees union to have their demands and interests 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 contractor also has the freedom to state the rates of his work as well as the working workings to execute the task. The employees only admits it rejects what is offered by 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. There so many other articles done on this matter this you need to explore to learn more.