Hi
I am a regular employee in a pvt ltd company. Everything is good with company and I enjoy very good position, salary and respect from the company.
However, I want to change my employment type from a regular employee to a contract employee. Which means I will be consultant/contractor to the company. I know that a lot of mandatory benefits such as PF etc from company related to an employee will cease.
Can my employement category change from a normal employee to a contracted employee without any problem. Please note that in the process my roles, responsibilities, working time etc will remian the same.
Is it legal to do this or is there any issue or any guidelines or any law in this regard.
Please advice.
Best regards,
Raj