Putting together the right team of people can make a significant

difference and either boost or ruin your business. Choosing between

contractors and full-time employees imposes a whole new set of factors

to consider.



There are many reasons business owners choose one over another, and it

all comes down to your business requirements. The primary distinction

between contact and full-time employment is in tax liabilities and the

employer-employee relationship.



CONTRACT EMPLOYEE: THE DEFINITION



A contractor is someone you hire to do a specific job over a period of

time. This term mainly describes an agreement between a company and an

individual that functions on a per-job basis instead of offering

full-time employment.



In most cases, contractors are considered as outside employees. They

aren't an official part of the company, and they are rather hired to

complete a one-time job. However, a company could hire a contractor to

do consistent work over a certain period.



Usually, contractors ...