ELWeek1_Harrideo

ELWeek1_Harrideo - 1 Assignment: Week 1 Devry University,...

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1 Assignment: Week 1 Devry University, Employment Law Professor Steven Wynne October 31, 2010
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2 1. An independent contractor is hired by a company to do a job without the benefits such as paid time off, sick time, or any medical coverage the company may offer to actual employees hired on. In addition, if the employer were to let the contractor go, they would be unable to apply for unemployment benefits. Independent contractors are able to employ others in their field as well, and those would be sub contractors. An employee is someone that is hired on directly by the company and will be able to reap the rewards of being able to have paid vacations and cooperate in medical benefits the company offers. It’s important to know which employees are contractors and which are employees, because of liability issues and how they would be compensated. Contractors are not taxed on their pay since an IC is the employee and employer, or owner of their own business. Therefore, in other words and independent contract
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ELWeek1_Harrideo - 1 Assignment: Week 1 Devry University,...

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