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hiring
Employee vs. Contractor - What's best for your business?

 

Employee vs. Contractor – How should a business owner decide what is right for their business?

What better way to confirm that your business is growing than starting to research best practices for hiring! When you begin to explore these exciting next steps, deciding whether to bring on staff as an employee or contractor becomes very important.  

If you are reading this blog one of two assumptions can be made:

1. Your company is experiencing large, long-term growth or,

2 You need to fulfill a short-term job project with large-scaled help.

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The Difference Between an Employee and a Contractor

When does a business owner know if they should hire an employee or a contractor?

There are so many decisions entrepreneurs must make on a daily basis. As a business starts to grow, one of the biggest decisions is whether to hire employees or contractors to help. The answer is not always a straightforward. However, if you understand the difference between the two and how Canada Revenue defines employees and contractors you will be able to make a good choice. 

On this week’s blog, we are here to help!  Let’s go through the rules of what determines the difference between an employee and a contractor so that you can make an informed choice and stay out of trouble with Canada Revenue. 

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