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Types of Employment

   

Salary
Long term contractors (over one year)
• Vacation
• Holidays
• Benefits

Hourly
Permanent - Short Term Contractors (less than a year)
• Paid for every hour worked
• May purchase benefits

Temporary - (less than 90 days or 720 hours)
• Paid for every hour worked

1099
Contractor has own corporation, must furnish liability insurance, and files individual taxes.