W2

A W-2 employee is what you could consider a full- or part-time employee. If the work hours are defined by the company, training is supplied by the company, the equipment is provided by the company, the task is allocated by a supervisor, the worker is obligated to reach set standards, and the worker has a single employer, then the worker is a W-2 employee.

For these employees, the employer pays a share of the taxes and withholds and remits the employee's portion to the government. Furthermore, the majority of W-2 employees are protected by workers' compensation, unemployment, and disability insurance, and many businesses provide extra employee benefits such as medical coverage, paid time off, and company-sponsored retirement funds.