As the course is getting more and more knowledgeable, I can literally feel that I am gathering enough knowledge and information. I think I am forming concrete and detailed perceptions of everything asked in the pre-assessment. Compensation now means a specific amount of money given by the company for their fault. In case, the health of an employee is damaged or anything worse happens the company in which the person was working will be liable to get the compensation. An employee is a responsible worker who works for obviously some personal interest and thereby utilizing his knowledge for the organization. Independent contractor is one kind of stakeholder who gives independent service to the firm.