floater vs employee

floater and employee both are nouns.

Word	Noun	Adjective	Verb	Adverb
floater	Yes	No	No	No
employee	Yes	No	No	No

As nouns, employee is a hypernym of floater; that is, employee is a word with a broader meaning than floater:

floater (noun)	employee (noun)
an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location	a worker who is hired to perform a job
an object that floats or is capable of floating
a swimmer who floats in the water
a wanderer who has no established residence or visible means of support
a voter who votes illegally at different polling places in the same election
an employee who is reassigned from job to job as needed
a debt instrument with a variable interest rate tied to some other interest rate (e.g. the rate paid by T-bills)
spots before the eyes caused by opaque cell fragments in the vitreous humor and lens