One of the first considerations when managing independent contractor payroll is understanding the payroll structure. Independent contractors are not traditional employees; this fundamental distinction impacts how their payments are processed and reported.
Many professionals begin their careers as contractors. Contractors enjoy the flexibility and independence that comes with a contractor position. However, as time passes, the desire for stability, benefits, and long-term growth opportunities may prompt contractors to consider transitioning to an employee role. Read below to understand the differences between contractor and employee, as well as […]