What is a contractor?

Contractors are professionals or companies hired to perform specific tasks, projects, or services for clients, typically on a temporary basis and under a contractual agreement. Unlike regular employees, contractors are usually self-employed or work through an agency, manage their own taxes, and often provide their own equipment or tools. They may work in various industries such as construction, IT, or consulting, and are generally paid per project or by the hour. Contractors have more flexibility in choosing their work and schedules but do not receive employee benefits like health insurance or paid leave.