Hired Support


What is the difference between 1099 and W-2? (US)

The company that hires you as a contractor will determine your employment classification by answering a series of questions. Below are the major differences in contracting as an Independent Contractor or a Contract Employee. 

1099 - Independent Contractor

W-2 - Contract Employee 

Hired provides a venue for contracting opportunities

Hired provides a venue for short and long term assignment opportunities

Hired facilitates Agreements between Hired, Client and Contractor

Hired facilitates Agreements between Client and Hired

Hired handles billing the client

Hired pays you each week while you’re on assignment

Hired pays you prior to client paying the invoice

Hired reports all employment taxes

Hired handles collections from Clients

Hired matches your social security benefits and pays your Medicare taxes

Hired pays completion bonuses

Hired handles collections from Clients

Hired provides compliance services

Hired generates a w-2 at the end of the year

Hired generates a 1099 to contractor

Hired offers Health Insurance benefits to eligible employees

Legal review of contracts

Hired provides Workers compensations coverage

Hired provides Error and Omissions Insurance

Hired Provides unemployment insurance when an assignment ends

Hired protects you from unfair exploitation, and discrimination by employers

As an employee you are guaranteed payment for hours worked

Hired provides paid sick time

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