Employee classification matters more than you might think for business owners both large and small. This is also important for employees as well as how you are classified is important both because of pay and benefits. Wunderland has crafted an infographic for both employees and employers that covers both the risk and the rewards of the job classifications of employee vs. independent contractor. The graphic covers the differences between being classified as both an independent contractor and an employee. It also covers the risks that come along with improper job classification. This is strangely more common than you might think. Most workers don’t even realize that they are classified incorrectly. This can lead to an employee being deprived of both benefits and proper compensation. Bothemployers and employees need to protect themselves so they are not incorrectly classified as there can be negative consequences for both parties involved in the improper classification. Check out the infograhpic below from Wunderland for more details.
Employee classification matters more than you might think for business owners both large and small. This is also important for employees as well as how you are classified is important both because of pay and benefits. Wunderland has crafted an infographic for both employees and employers that covers both the risk and the rewards of the job classifications of employee vs. independent contractor. The graphic covers the differences between being classified as both an independent contractor and an employee. It also covers the risks that come along with improper job classification. This is strangely more common than you might think. Most workers don’t even realize that they are classified incorrectly. This can lead to an employee being deprived of both benefits and proper compensation. Bothemployers and employees need to protect themselves so they are not incorrectly classified as there can be negative consequences for both parties involved in the improper classification. Check out the infograhpic below from Wunderland for more details.
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Why Employee vs. Independent Contractor Classification Matters #infographic
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