What is a contingent employment contract?
With contingent employment contracts, employees have no promise of long-term employment. Both hours and the length of the contract may vary with a contingent employment contract. There are several types of contingent employment agreements.TypesContingent employment work may include part-time work, temporary work, home-based work, employee leasing, independent contracting or project-based work.FeaturesContingent employees may be paid hourly, weekly, bi-weekly or monthly. Often, a contingent employee is responsible for paying his own taxes.BenefitsContingent employees benefit from the flexibility of the work (i.e., they are not tied to a specific employer) and the diversity (contingents can gain experience in difference industries and different-sized companies).DrawbacksGenerally, contingent employees are not eligible for employee benefits, worker’s compensation or unemployment insurance due to the nature of the potential short-term relationship. Additionally, because the work is not per
