What are the major features distinguishing employees within a particular business organization? Generally, there are 4 types of employees, and the rules governing each type...
Are employees allowed to discuss arbitral proceedings, its merit and documents disclosure with third parties if they signed an exclusive arbitration agreement? In Pfizer,...
On October 9, 2018 the City and State of New York introduced and enforced an in-depth protocol regarding the prevention, investigation and sanction of sexual harassment in the...
Restricted stocks conferred to employees, that is stocks that employees can transfer after vesting, are subject to certain tax rules that distinguish them from granted or fully...
The most recently published data from the Bureau of Economic Analysis (BEA) prove the strength of the American economy, with a GDP that shows a growth of 3.2% in the third...
The National Defense Authorization Act, introduced for the 2019 fiscal year, has updated and broadened the powers of the Commission on Foreign Investments in the United States...
On May 21, 2018 The Supreme Court of the United States established a relevant principle in terms of hourly compensation in labor contracts and alternative conflict resolution in...
I dati piu’ recenti pubblicati dal Bureau of Economic Analysis (BEA) registrano la solidità del quadro economico degli Stati Uniti, con un PIL che evidenzia, nel terzo trimestre...
Per l’anno fiscale 2019 e’ stato introdotto il “National Defense Authorization Act”, che ha rinnovato ed ampliato i poteri della Commissione sugli investimenti stranieri negli...
What are the major features distinguishing employees within a particular business organization?
Generally, there are 4 types of employees, and the rules governing each type differ: employers should be familiar with the basics.
Full-time employee: is generally an at-will with subordination. Employees should follow employer’s instructions and directives and should work at least 40 hours per week. Generally, employers may offer benefits among which health, paid vacation and, sometimes, retirement benefits. The employee is paid weekly, bimonthly or monthly after having prepared a W4; the employer will withhold income taxes.
Part-time employee: is generally at-will with subordination. Employees should follow employer’s instructions and directives and should work fewer than 30 hours per week. Generally, employers may offer benefits among which health, paid vacation and, sometimes, retirement benefits. The employee is paid monthly or bimonthly after having prepared a W4; the employer will withhold income taxes.
Temporary employee: is generally at-will with subordination. Employees should follow employer’s instructions and directives and should work at a single project or for a limited period of time. Unless differently stated between the parties, in general employers do not offer any benefits. The employee is paid monthly or bimonthly after having prepared a W4; the employer will withhold income taxes.
Independent contractor: is by definition at-will with no subordination as stated in the terms and condition of a service agreement. The contractor is autonomous and does not follow instructions or directions but has to comply with the general requests from the client (thus not an employer). The client does not offer any benefit. The contractor is not paid cyclically but generally at the end of the project requested or service performed. The contractor prepares a W-9 and at the end of the year, the client sends to the contractor a 1099 form.