What is an independent contractor?
Career: Independent Contractor
An Independent Contractor has a different type of employment agreement than a regular employee of a company. Independent Contractors are not guaranteed a steady paycheck. They cannot rely on their employer to provide all the materials and equipment needed to complete their work. The benefit to working as an Independent Contractor is that you have more control over how you conduct your work and the timeline for your projects. You must keep careful documentation for your taxes since you invoice clients for your work at an agreed rate and your clients do not pay payroll taxes or make any withholdings as they would for traditional employees.
Related Questions
- How do you become an independent contractor?
- What are the key skills and qualifications needed to thrive as an independent contractor, and why are they important?
- What are the benefits of being an independent contractor?
- How does an independent contractor typically manage client communication and project deadlines?
- Can someone be an employee and an independent contractor?
- What is the difference between Independent Contractor vs Freelance Writer?
- What do I do as an independent contractor?