Independent Contractor vs. Employee: What’s the Difference?
Are you confused about the difference between a freelancer, independent contractor, and employee?
On today’s episode, I am going to be talking about some of the important differences when you’re applying for a job between being an independent contractor and being an employee. While being an independent contractor gives you much more freedom, it requires discipline and knowing your legal rights and obligations.
Things we discussed in this episode:
- The difference between freelancer, independent contractor, and employee
- Benefits of working as an employee
- Paying taxes as an independent contractor
- How to set your rate as an independent contractor
- What you really make as an independent contractor
- How to keep track of your earnings
- Setting boundaries as an independent contractor or freelancer
Laura Briggs is empowering the freelance generation. Through her public speaking, coaching, and writing, she helps freelancers build the business of their dreams without sacrificing all their time, family, or sanity. Laura burned out as an inner-city middle school teacher before becoming an accidental freelancer with a Google search for “how to become a freelance writer.” Since then, she’s become a contributor to Entrepreneur, Business Insider, and Writer’s Weekly. She worked for more than 300 clients around the world including Microsoft, Truecar, and the Mobile Marketing Association. She’s delivered two TEDx talks on the power of the freelance economy for enabling freedom and flexibility and how it’s being used to address the technical skills gap in the U.S. Laura is the host of the Advanced Freelancing podcast, a sought-after public speaker on the gig and digital freelance economy, and a freelance coach focused on aspiring six-figure freelancers. Laura’s books, courses, and coaching have reached over 11,000 people.
As a military spouse, Laura is passionate about serving her community and founded Operation Freelance, a nonprofit organization that teaches veterans and military spouses how to become freelancers and start their own business.