Independent Contractor

Independent Contractor – An independent contractor is a self-employed individual or entity engaged to provide services to clients under a contractual agreement. Unlike employees, independent contractors: Work autonomously without direct supervision. Receive payment based on agreed terms, usually per project or service rendered. Do not receive employee benefits such as health insurance, retirement plans, or paid leave. Are responsible for their own taxes and business expenses.

Example: A freelance graphic designer hired by a company to create a marketing campaign is an independent contractor, as they work on a specific project without being part of the company’s staff.