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. You need the help of articles and pages done by the specialist on the matter. Therefore to ensure you understand them well, check out this site.
There are however some differences between the two which you will need to understand. By understanding these differences you are in a better position to execute your tasks well. Here are the differences to note.
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. The independent contractor works on specific tasks which he is hired to perform and he can decide on how to carry it out.
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. The employees have the freedom to join any employees union to have their demands and interests attended to. The independent contractor does not have a union to join but rather works independently. This is a crucial difference to note to avoid crossing the line between one another. Here is more info that will help you understand this product well enough.
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 employee may take it or leave it depending on the offer of 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. Find out more about the articles which have been written on these to clearly understand the differences.
