We frequently find ourselves helping business owners or managers distinguish between employees and contractors. While it might seem a matter of little consequence, there’s much more than semantics at play. It’s important to clearly understand the difference as the result goes a long way to determining the applicability of legislation and the rights and obligations of individuals and businesses involved (in terms of taxation , superannuation, workers compensation, minimum remuneration and other entitlements, for example). While each set of circumstances needs to be considered on its merits, there are fortunately a number of principles that, taken together, help to inform the decision. This infographic explains the basics. Click on the image below to view.
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Struggling with the complexities of terminating employment? Our comprehensive guide is here to help! Download “Terminating Employment: A Guide for SMEs” and gain valuable insights to navigate this challenging process with confidence. Click below to access.