What are the differences between independent contractors and employees?

Independent contractors and employees can be distinguished by their relationship with employers and the manner in which they are compensated for their work. Generally, independent contractors are self-employed and contract with businesses or individuals to perform a job or provide services. As a result, the individual is not considered an employee of the business or individual. In contrast, employees are directly hired and employed by businesses or individuals. The manner in which the two types of workers are compensated also differs. Independent contractors typically receive a flat fee for their services or are paid on a per job basis. Conversely, employees are typically paid an hourly wage or salary for their work. Employees may also receive benefits such as paid time off, health insurance, and retirement savings plans that independent contractors generally don’t receive. When it comes to wage and hour laws, the differences between independent contractors and employees may also play a role. Independent contractors may not be covered under some of the provisions of Louisiana’s wage and hour laws, while employees are typically covered. This means that employees may be entitled to minimum wage, overtime, and other protections that independent contractors may not. Therefore, it is important to understand the difference between the two to ensure that all workers are properly compensated for their work.

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What are the differences between independent contractors and employees?

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