Understanding The Difference Between Employee and Independent Contractor

You should get to understand who the employer is as well as the job seeker. This understanding makes it a bit easier to know how to execute the assigned task. 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.

There are however some differences between the two which you will need to understand. 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.

The employee does not work independently but under someone else. There is an agreement letter there the employee signs some working hours. 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.

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. 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. This is a crucial difference to note to avoid crossing the line between one another.

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. 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. Click for more information to understand more about the differences and the level to seek as an employer and the job seeker. Find out more about the articles which have been written on these to clearly understand the differences.