Understanding 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 will help you to know the category to follow when employing or even getting employed. However, these entities are generally confused which makes it hard to hire or even get employed. It is important to find more pages and sites done on these issues to get more understanding. Therefore in this website we have discussed these two to ensure you understand them well. In this website is the manual to help 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. Here are the differences to note.
An employee is an individual who works under the supervision of another one called the employer. There is an agreement letter there the employee signs some working hours. The employee is however paid on overtime on. The independent contractor may work for different clients outside the business. The independent contractor has independence and can agree on the schedule to follow to accomplish the task.
The employee is entitled to work compensation whereas the independent contractor is not. An employee is more considered on work compensation especially when terminated from work or even experiences work injuries but the independent contractor is not. In addition to this the employees are eligible to join employees unions where their demands and interests are attended to. Contrary to this the independent contractor has no union to join. You need to know more about this difference before as you prepare to join this industry.
The employee may not have the freedom to choose between the tasks to perform but rather follow the laid down instructions by their employers. The independent contractor has the autonomy to perform his tasks without being guided on how to do it. You need to understand that the independent contractor has the say on the rates he wants to be paid for the task. The employees only admits it rejects what is offered by the employer.
Also consider getting a link to other articles done on the same to understand more about this. 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.