A Contingent Worker is an individual hired for a specific project or time period, such as freelancers, contractors, or temporary staff, without long-term employment commitment.
- What is a contingent worker?
Answer: It is an individual hired for a specific project or period, like freelancers or temps. - What are examples of contingent workers?
Answer: Examples include consultants, seasonal workers, and independent contractors. - What are the benefits for employers?
Answer: It offers flexibility and cost savings on benefits. - What are the challenges of managing contingent workers?
Answer: Challenges include integration, legal compliance, and retention. - How are contingent workers classified?
Answer: They are classified based on IRS guidelines, distinguishing them from employees.
