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What is a worker or team member?
What is a worker or team member?

A worker is a general term that refers to anyone who provides services to a company or project, whether as an employee or an independent contractor. In other words, an employee is a more specific type of worker.

The term “worker” is not limited to just traditional employees. It also includes independent contractors who may work with a team or organization on a project or ongoing basis but who do not have regular or permanent employment.

We like to refer to workers as team members as we recognize the fact that a company is like a team and each worker is a member of that team that plays an important and indispensable role in its success. foster a sense of inclusivity and collaboration that benefits everyone involved.

At Upstock, you can award equity to workers whether they are employees or independent contractors such as freelancers, consultants, advisers, and contributors.

Disclaimer: This material has been prepared for informational or education purposes only. The discussions or information contained herein may be based on sources reasonably believed to be reliable but which has not been independently verified by an independent tax or legal professional. Thus, it is not intended to provide, and should not be relied upon as tax, investment, business and/or legal advice. Please consult with your own tax or investment adviser and legal counsel regarding this subject matter especially with respect to the relevance or accuracy of any discussion or information contained in this material under the applicable laws, rules and regulations in your jurisdiction.

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Upstock empowers companies to offer top-shelf and high-quality equity plans to workers and team members in 75+ countries around the world.
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