Thursday, 1 June 2017

Independent Contractor Management Services

Independent contractor refers to one who provides their services and works to a business on a contractual basis. An independent contractor agreement is drawn up when a person is contracted to perform a service independently as an outsider of another person, business etc.
Independent contractors are not hired for any company but work on a project-to-project basis. A contractor hired own services through bidding and companies get a good contractor at economic choice. You can hire independent contractors for specific tasks such as making home construct building and etc.
Independent contractors enter into an agreement with a business through a written contract that details the duties and responsibilities of each. Their career depends on consistently get over high-quality work, where one bad performance can end their reputation and endanger future assignments with a company.
Managing an Independent Contractor
  • A contract must be revisited periodically
  • Set a pay rate and cap the time in increments of a few months
  • Setting really clear expectations from the start
  • Tax obligations
  • Business activity statements
  • Superannuation and your contract: If the hirer is required to pay your Superannuation Guarantee contribution, your contract price may change to reflect the extra expense to the hirer.
  • When the contract ends: work is complete and you have been paid.
Certica® help manages these issues, making it simple and compliant for contractors and the businesses that engage their services and professional team enhances and provides certainty to any contracting arrangement.



No comments:

Post a Comment