Employee vs contractor position as manager.
I, with some partners have been offered to manage a medium sized hostel. Surprisingly, we have been offered contractor positions, rather than an employment contract. I assume this means no holiday pay, no sick pay, less job security etc. but I just wanted to know if there are any benefits of this arrangement for the managers. And if there’s anything else I have not considered.
Is this a common contractural situation for hostel managers , has anyone heard of this type of setup before? Or is it very unusual?
I have a good impression of the owners so far, but this offer seems unsettling.