Good help is hard to find, as any business owner knows. With the variety of web-based services which offer Independent Contractor (IC) opportunities for aspiring pet sitters and dog walkers, why would a pet lover choose to work for a traditional business as a pet sitting employee rather than working independently and possibly bringing home more cash?
Becoming an employee of an established company offers lots benefits for folks who are interested in caring for pets. When considering how to proceed, it’s important that an individual consider several things. Below are the top 10 differences in working for an employer versus working for one’s self.
Ten Things You Need to Know About Being A Pet Sitting Employee VS. IC
1. Instant income
Possibly the most obvious benefit of working for someone else is the instant stream of work! Rather than posting a profile all over the internet, handing out business cards and hoping to meet people at the dog park, an established company already has visits lined up and ready to go for employees. There’s no need to hustle.
All of the marketing and client retention is completed by the company, which takes time (and money!). If a client is unhappy, employees are still paid. If tools or supplies are needed, it’s covered. An IC is financially responsible for all things related to the care they provide during visits they are contracted to complete.
Beyond covering overhead costs, a professional business will be insured and bonded by a reliable insurance company. Although some of the web-based services offer insurance, there have been several questionable situations where insurance refused to pay out – it can leave an IC open to liability.
4. Personal liability
When working under the umbrella of insurance and bonding provided by a corporation, employees are generally insulated from lawsuits claiming negligence or other civil suits; this is not the case when working as an IC.
5. Workers comp
Did you know many health insurance policies will not cover workplace injuries? Most professional pet care companies carry workers compensation insurance; this means, if an employee is injured while caring for a pet, there isn’t a reliance on private health insurance — or the employee’s personal bank account! Self-insurance for workers comp as an IC is available, but it can be very, very pricey.
With a professional company, clients are screened ahead of time for pet temperament, neighborhood safety and accuracy of information provided in advance of the first visit. Employees won’t go into a job blindly and just hope for the best.
An employer covers roughly half of taxes owed by an individual, plus they file the employee’s portion automatically each quarter. An IC must pay the full amount of taxes on all monies earned at the end of the year – and that bill can be unexpectedly large.
Most established companies have specific rules for how to handle uncomfortable and emergency situations. No need to make up a solution on the fly!
Beyond having established protocols, many companies teach technical skills on how to best care for pets including body language, avoiding bites, etc.
10. There’s Always A Back-Up
Feeling sick? Have an emergency? By being employed by a company, there will be someone who can pick up the slack when you’re unable to perform your visits. As an IC, you and your clients may be out of luck.
Ultimately, both approaches have their perks. It comes down to what’s most important to an individual when deciding how they would like to pursue a career with pets! By properly presenting the information above, an IC for an internet company may be persuaded to instead join a professional team.