03:10 Feb 2, 2021 |
Portuguese to English translations [PRO] Bus/Financial - Human Resources | |||||||
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| Selected response from: Tereza Rae Canada Local time: 07:07 | ||||||
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Independent contractor/Independent worker/Contract worker Explanation: An independent contractor is a self-employed person or entity contracted to perform work for—or provide services to—another entity as a nonemployee. As a result, independent contractors must pay their own Social Security and Medicare taxes. In addition, an entity that uses the services of an independent contractor is not required to provide them with employment benefits, such as health insurance and employer-sponsored retirement accounts, that the entity might otherwise provide were the contractor an employee. The payer must correctly classify each payee as either an independent contractor or employee. (From: https://www.investopedia.com/terms/i/independent-contractor.... -------------------------------------------------- Note added at 15 mins (2021-02-02 03:26:20 GMT) -------------------------------------------------- More info here: https://www.thebalancesmb.com/are-you-a-contractor-or-an-emp... https://www.ehealthinsurance.com/resources/small-business/co... |
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