Freelancer vs. employee: Key differences Freelancers are self-employed and offer their services to their clients, working on contracts that can be hourly, fixed-price, or retainer. Most of the time, they can choose when and where they work. Employees work for a single company full- or part-time under a formal agreement that outlines work responsibilities, hours, and specific employment terms Employees have stability and benefits (if working full-time), whereas freelancers have more control over their schedules and work procedures. Consider the following additional significant distinctions between employees and freelancers: Freelancers: Skills. Many freelancers are specialists rather than generalists. The most successful freelancers find a niche and then work to become an expert at that skill or skill set. Compensation. Clients can pay freelancers hourly, per project, or on a monthly retainer. Hours. Depending on their field, most freelancers are ...
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