The Independent Contractor Dilemma: Navigating Risks and Rewards
In today’s rapidly evolving “gig economy,” you might be torn between hiring full-time employees or independent contractors (ICs). This choice carries significant implications for your business, affecting everything from your bottom line to your legal obligations. Understanding the pros and cons of hiring ICs and knowing how to protect your business becomes crucial as the work landscape shifts. This article will guide you through the benefits and pitfalls of working with ICs and provide essential steps to safeguard your business from potential legal and financial risks. The Allure of Independent Contractors When you’re running a business, especially a small or…
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