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In this episode of Whiteboard Thursday, Nicholas Campion from 1st Formations discusses whether company directors are considered employees. He explains that while directors are often employees, their employment status is contingent on individual circumstances. Directors are classified as office holders alongside company secretaries, and their status as office holders is independent of having an employment contract or receiving payment. The distinction between being an office holder and an employee is key, and the determination of a director's employment status can vary. The video aims to clarify these concepts and their implications for business operations.
