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Contractor vs. Employee: What's the Difference? | Business Insurance by NEXT™
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Feeling swamped with work and need to hire help? Deciding between an employee and an independent contractor can be tricky. 🤯
The key differences to know are:
💻 Employees are part of your team, working under your direction with provided resources.
🛠️ Independent contractors work on their own terms, using their own equipment, and setting their own hours.
💰 Employees come with salaries, taxes, and benefits.
🚫 Independent contractors set their own rates and the employer doesn’t pay benefits.
🧾 Employees often require insurance.
✅ Independent contractors cover their own insurance.
#HiringTips #JobHiring #IndependentContractor #Freelancing #Consulting #Employee #SmallBusinessTips #BusinessTips #SmallBusiness #ContractorsInsurance #Entrepreneurship #NEXTInsurance
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Switch to NEXT™ & Save on your Business Insurance.
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Contractors Insurance
Workers’ Compensation Insurance
Professional Liability / E&O Insurance
Tools & Equipment Insurance
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The key differences to know are:
💻 Employees are part of your team, working under your direction with provided resources.
🛠️ Independent contractors work on their own terms, using their own equipment, and setting their own hours.
💰 Employees come with salaries, taxes, and benefits.
🚫 Independent contractors set their own rates and the employer doesn’t pay benefits.
🧾 Employees often require insurance.
✅ Independent contractors cover their own insurance.
#HiringTips #JobHiring #IndependentContractor #Freelancing #Consulting #Employee #SmallBusinessTips #BusinessTips #SmallBusiness #ContractorsInsurance #Entrepreneurship #NEXTInsurance
--
Switch to NEXT™ & Save on your Business Insurance.
Simple. Affordable. Tailored.
Get Your Free Quote in 5min on Our Website:
Live Certificate. Fast, Free, 24/7. Right from your phone.
Contractors Insurance
Workers’ Compensation Insurance
Professional Liability / E&O Insurance
Tools & Equipment Insurance
Bundle & Save
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