Introduction: Hiring Employees & Contractors
As your business grows, you may need to begin hiring staff. You can do so by hiring an employee or a contractor.
An employee is an individual hired by a company to perform work for that company. For example, Jim Halpert was hired as a 9-5 salesperson to work solely for the Scranton Branch of Dunder Mifflin.
While an employee can be hired for a set term, employees are typically hired on an ongoing basis.
When hiring an employee, we recommend drafting Employment Agreement to govern the employment relationship.
A contractor can be a person or company that is contracted to provide services or complete a set of tasks. For example, if your business needed a new logo, it may hire a contracted graphics designer to design the logo.
The contractor may be hired only to perform a specific task or set of tasks or may be hired on an ongoing basis.
When hiring a contractor, we recommend drafting a Contractor Agreement to clarify the terms of the relationship between your business and the contractor.
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