Independent Contractors Explanation

Independent Contractors Explanation


Welcome to Working Solutions, a leader in contact center outsourcing. Before applying, it is very important to
understand that our work at home agents are self employed independent
contractors and not employees. There are numerous federal and state agencies that provide guidelines for classification of independent contractors. You can find more detail about these guidelines on these agencies websites. We are now going to walk you through those differences to help you better understand the
distinction before applying to work on a program. This is an independent
contractor for working solutions unlike employees, independent contractors have certain freedoms that distinguish them from the latter. For instance
independent contractors set their own schedules, choosing when they can or want to work Employees on the other hand work the hours set by the employer and in
most cases must do so at the employer’s place of business. Another distinction is
that independent contractors can work for multiple clients and on multiple
programs or projects including our direct competitors. Employees on the other hand generally work for only one employer. In addition to working for multiple clients on multiple programs independent contractors also have the
opportunity to increase their income significantly by obtaining additional
education and certifications. Employees however earn a set hourly wage or salary
that cannot be increased without the employer increasing the employees wages. Independent contractors provide and maintain their own computer equipment
and workspace. When tax time comes they can also deduct any expenses related to
the purchase and maintenance of equipment and workspace. Employees on the other hand are provided hardware software and workspace by their
employers so they can perform their job. Employees cannot deduct any of these
expenses come tax time. Speaking of taxes, independent
contractors are responsible for paying their own taxes and will receive a 1099
or W8-Ben if more than $600 is earned in a calendar year Employees have taxes
withheld from their paychecks by their employer, they cannot deduct expenses and they receive a W-2 at the end of each calendar year. Independent contractors
are self-employed and do not receive employment benefits. Employees may
receive the following benefits: vacation pay, sick leave, retirement benefits, Social Security, workers compensation, health or
disability benefits, overtime and unemployment. Although independent
contractors already have the day-to-day skills and expertise needed for this
work, Working Solutions supplements that expertise with certifications or
education specific to a client’s processes and procedures and instead of
paying to obtain them from outside institutions they are offered by Working
Solutions at no cost to you. Employees tend to receive training surrounding their day-to-day job duties even though they may also come with education or
expertise in a particular field. Finally independent contractors work on
projects or programs until the completion of those projects or programs. Some programs last years while others are subject to end with a little warning. Employees work for one employer focused on one job until they or their employer
terminate the relationship. That’s it! Those are some of the most relevant
distinctions commonly used by state and federal agencies to classify independent
contractors. Knowing these things upfront will help you decide if independent
contractor work is right for you.

One thought on “Independent Contractors Explanation

  • In the last couple years, industries have seen a rise in independent contractors and people who work from the comfort of their homes. The industries are not equipped to handle this new form of employment and this has created gaps in work. If you want to learn more about how these gaps can be filled, head on to our blog: https://blog.peoplehum.com/employee-engagement/how-to-build-a-world-class-remote-work-culture-that-boosts-productivity/#bl

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