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Navigating the Gig Economy: Pros and Cons of Leveraging Independent Contractors

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W

hen it comes to staffing an organization, there are more options than the traditional full-time, closely supervised W-2 employee. Many organizations leverage independent contractors, a type of worker that is treated differently for both employment law and tax purposes, and that offers both advantages and disadvantages when compared to traditional workers.

Understanding Independent Contractors Ind

ependent contractors are workers that sell their services to organizations on a generally more limited basis than traditional employees. An independent contractor might work with several organizations over the course of a year, often multiple organizations at once. In

d

ependent contractors essentially manage their own businesses, selling

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