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Adequate Consideration for the Restrictive Covenant Agreement. Of particular note for employees is that in Illinois in order for a non-compete restrictive covenant agreement to be enforceable, among other things, there must be adequate consideration.
Because you are an independent contractor, PRN ON Demand will not withhold or make payments for social security, make unemployment insurance or disability insurance contributions, or obtain workers' compensation insurance on your behalf.
The new law also expressly codifies an extended application of the blue pencil doctrine, allowing an Illinois court to rewrite unenforceable provisions of non-compete agreements to make them reasonable and enforceable.
Notably, the new law does not apply to agreements covering an employer's confidential and proprietary information, protection of trade secrets, or inventions assignment agreements. The law also does not address covenants for independent contractors.
The law does not require you to complete a contract with your self-employed or freelance workers - a verbal contract can exist even when there is nothing in writing.
As an independent contractor, you may have more freedom to choose how you complete your work, but you are responsible for paying your own taxes, getting your own health insurance, and paying into unemployment and workers comp funds if you wish to access those benefits.
Pro Re Natathe Latin phrase meaning as necessary that's more commonly known in medical circles simply as PRN can strike fear into the heart of an RT looking for a full time position. New grads, especially, don't even want to think about accepting a job that's not permanent and doesn't offer benefits.
Nurse contractors and other clinicians who pick up PRN jobs are considered self-employed and receive 1099-MISC tax forms at the beginning of the year not W-2s.
The only reason a temporary worker would receive a 1099 is if that worker is independent of an agency and is self-employed.
PRN is an acronym for the Latin term pro re nata, which means as the situation demands, or simply, as needed. PRN nurses are fully licensed professionals who want to work on-call instead of as a full-time employee.