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Independent contractor

Who is an independent contractor?

Independent contractor is a specialist who works with a company on a contract basis rather than being a full-time employee. Instead of an employment contract, they operate under a contractor or service agreement, defining the scope of work, deadlines, and payment terms.

Unlike employees, independent contractors manage their own work, set their schedules, and take full responsibility for delivering results without direct supervision from the company.

For example, a freelance designer may be hired to create a logo, agreeing on a project timeline and payment terms, but remains an external professional rather than a company employee.

For businesses, hiring independent contractors allows them to bring in experts for temporary tasks or specialized projects without the long-term commitments of traditional employment. However, to ensure smooth collaboration, a well-structured contract is essential, clearly outlining expectations, responsibilities, and legal considerations.

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