An employee typically works for a stand out the manager, though an independent contractor by and large gives counseling administrations to more than one organization. A worker works the hours set by the business, however, the independent contractor generally as Jay may be, sets his or her own hours. The employee likewise has a general instruction and experience foundation and gets unique preparing from the business keeping in mind the end goal to carry out the employment better (Durban, 2009). Then again, the independent contractor simply like Jay have extremely concentrated aptitudes and goes to the work association with a particularized instruction and experience foundation.
An employee gets net compensation after the boss has withheld pay charge, Social Security and Medicare charge under the Federal Insurance Contributions Act (FICA). Nonetheless, the Independent contractor is not subject to expense or FICA withholding, but rather pays his or her own independent work charge (Allen, 2013). The employee will probably be qualified to get unemployment pay after layoff or end yet the contractual worker simply like Jay is not qualified for unemployment remuneration advantages. An employee, as a rule, gets laborer's pay advantages for any work environment harm though the independent contractor like Jay is qualified for specialist's pay advantages.
There specific factors that distinguish an independent contractor in all aspects. These may include: not depending on the business as the sole wellspring of wage. Likewise, working at his or her pace as characterized by an understanding, being ineligible for manager gave advantages and holding a level of control and autonomy (Durban, 2009). While the independent contractor simply like Jay is his or her own particular supervisor, work stays inside the meanings of oral or composed contract and holds fast to specific prerequisites. An employee also depends on the business for unfaltering pay, surrenders components of control and autonomy, and is qualified for specific advantages and works inside imperative of work environment. Therefore, it is evident that Jay is an independent contractor who has been given the contract by XYZ Company.
References
Allen, K. A. (2013). Employee or Independent Contractor. Professional Beauty, (Nov/Dec 2013), 138.
Durban, D. W. (2009). Independent Contractor or Employee: Getting It Wrong Can Be Costly. SC Law. 21, 31.