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Contingency Workers

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Pay differences are noted among job classifications within the organization. There are different pay levels and benefits associated within these classifications. What is a contingent worker? Are companies better off hiring contingent workers than hiring regular employees?

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This solution defines contingency workers and offers drawbacks and benefits.

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A contingent worker is someone who is paid to execute a particular job, without benefits. They are temporary, and often classified as freelance or contract employees. Taxes are not withdrawn (because they are not officially employees) so it is important for workers to handle that aspect. ...

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