Independent Contractor

What does it mean?

An Independent Contractor is an individual who provides services to a business on a contract basis, rather than as an employee. Independent contractors are typically responsible for their own taxes and benefits, and are not entitled to the same legal protections as employees.

Why do businesses hire Independent Contractors?

Businesses may hire Independent Contractors for a variety of reasons, such as to fill short-term or project-based needs, to access specialized skills or expertise, or to reduce payroll and benefits costs.

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