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 will help you to know the category to follow when employing or even getting employed. Some employers and job seekers do not differentiate between the two which makes it hard to perform the tasks assigned. Learn from the pages and articles written to get the idea on the matter. In this site examined these entities to give you adequate understanding. You need the following annual to understand this.
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 does not work independently but under someone else. There are agreed working hours that are agreed upon between the employer and the employee. If an employee works on over time there are some rates which are agreed on between the employer and the employee. The independent contractor does not have a specific client but can serve multiple clients outside the business. The independent contractor has independence and can agree on the schedule to follow to accomplish the task.
An independent contractor is not entitled to any workers compensation which the employee is. Among the compensations that the employee enjoys unlike the independent contractor is work termination and work-related . 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 are more protected in their work which denies them the freedom to decide. The independent contractor has the freedom to decide when to take up the task as well as how to execute it provided he accomplishes it. The contractor also has the freedom to state the rates of his work as well as the working workings to execute the task. Unlike the employee who takes up what is decided upon by the employer during the employment.
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. Find out more about the articles which have been written on these to clearly understand the differences.