Hello, this time the discussion is not exactly the title of the Dynamex Independent Contractor Case.
But more to understanding and also the benefits that can be obtained from the Independent Contractor.
An independent contractor is an individual, business, or cooperative that provides or facilitates an item or service to another entity/owner (owner) with a requirement that has been stated/included in the contractor in the Verb agreement.
Unlike employees, independent/independent contractors do not work continuously to the employer but work when needed, as long as when an agent. This contractor is generally paid freelance. This contractor also often works through limited companies or franchises, which they already own or work through umbrella companies, for example, PT or CV.
In the United States, any company or organization involved in trade or business can pay more than USD 600 to an independent contractor in one year to report this to the Internal Revenue Service (IRS).
Any company or organization involved in the trade or a businessman who pays more than USD 600 to an independent contractor in one year must report this to the Internal Revenue Service (IRS).
In general, independent contractors have their own control of the schedule and the number of hours worked their duties and their work performance. In addition, they may have a large investment in equipment, provide logistics or their own inventory, insurance, repairs, and all other costs related to their business. This can also be given by the employer.
Using the conditions of the activity of the independent contractor above, it seems contrasting to use the situation for ordinary employees, who generally work on a schedule that has been determined by the company and its performance is supervised personally by the boss.
But poly companies that implement independent contracts also determine the contractor’s work schedule, purchase the necessary assets and prohibit the independent contractor from working for other companies or competitors.
Benefits of being an independent contractor:
because they are sporadically bound to employ employers or employers, they are free to set their own laws in terms of business, only limited by bargaining power or contracts.
Because they generally make large networks, the loss of one or two clients often does not have a significant effect.
Many people like the inspiration of “be your own boss” (being your own boss). In addition to the benefits of the material, there are also people who do not like being men or subordinates.
An independent contractor who works as an artist/ designer/writer for any real work, such as painting, sculpture, design, photographs or written works, has the right to own an exclusive copyright. Conversely, if there are employees who build these works with ordinary employee status, they generally become the property of the corporation.
Besides its advantages, there are some disadvantages to being an independent contractor, namely:
In the United States, the classification of employees as “independent contractors” is often used to avoid labour taxes and labour regulations. In addition, this sample form has been used as a non-exclusive form avoiding the involvement of Workers’ unions.
Status as an independent contractor can be a business for employees, but in poly cases in the United States, independent contractors operate as sole proprietorships or members of limited liability companies.
This means an independent contractor, being a business owner, must issue his own Porto to provide contract services, have his own tools to do services, and be responsible for submitting business such as income tax.
Independent contractors are generally responsible for themselves similar to taxes arising from business or services provided.
There are several monetary bonuses guaranteed for employees in the United States but do not apply to independent contractors. Examples include worker compensation and unemployment insurance contributions, but independent contractors are permitted to make individual retirement events.
Being an independent contractor generally does not use labour law restrictions that apply to areas where the contractor operates, but all are based on agreed contracts or labour regulations of the employer’s origin.
As a result, the model of an independent contractor is very suitable for people who have an entrepreneurial spirit, have freedom of ideas, creativity as well as design their work independently even though there are still lay boundaries that are bound to use the employer or employer.
As a result, some special jobs that have the character of being independent contractors are book writers, clothing designers, marketing representatives, lawyers, accountants, translators, talent agents and so on.