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Subcontractor vs. Employee - Which One Is Right for You?
Manage episode 433683848 series 2999364
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In this episode, Paula Maidens discusses the difference between hiring a subcontractor and an employee. She addresses common assumptions and myths about each option and provides insights into the pros and cons of both.
Paula covers the importance of considering three key factors: time, commitment, and control and offers insightful questions to help you assess what you need in relation to each of these areas to land on the right answer for you and your business.
Highlights
- The key assumptions and myths that are made when it comes to subcontractors versus employees.
- Whether one model is more ‘flexible’ than the other and if one is better when you are starting out.
- Whether one arrangement is ‘easier’ than the other if it’s ‘not working out’.
- Why you should consider 3 key factors including Time, Commitment, and Control, and how to think about each of these to decide which is right for you.
- Things to consider with subcontractors include flexibility, training, other clients, their business goals and how this may affect your business in the long term.
- Things to consider with employees include the benefits of commitment, control and oversight, and why having a dedicated person in your business creating and following your processes can help you in the longer term.
Chapters
00:00 Introduction: Subcontractor vs. Employee
03:10 Ending Relationships and Honoring Commitments
09:07 Control: A Key Factor in Hiring
10:53 Finding Clarity for the Right Hiring Model
12:13 Hiring Mastery Method: A Program for Successful Hiring
13:26 Conclusion and Call to Action
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Learn more here: https://paulamaidens.com/hiringmastery/
Connect with Paula:
Website: https://paulamaidens.com/
Instagram: https://www.instagram.com/paulamaidensconsulting/
Facebook: https://www.facebook.com/paulamaidensbuildingawesometeams
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