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Known as poaching, having contractors contact your own clients is a risk every business takes when bringing on contractors. Poaching can happen either while the worker is on contract with you or afterward. Either way, though, you can lose the ability to do business with that client.
A basic rule of thumb that most people suggest would be to determine your hourly rate as a permanent employee, and then add 50-75%. If you were earning $65,000/year, that equates to $31.25/hr. By adding 50%, your rate would be $47/hr, and at 75%, your rate would be $55/hr.
Independent contractors usually offer their services to the general public, not just to one person or company. Government auditors will be impressed if you market your services to the public. Here are some ways to do this: Obtain a business card and letterhead.
An independent contractor is a self-employed person or entity contracted to perform work foror provide services toanother entity as a nonemployee. As a result, independent contractors must pay their own Social Security and Medicare taxes.
What information do I need for an Independent Contractor Agreement? What the service is and how much the contractor will be paid. If the client/customer will cover expenses or provide resources. When the contract will end. If either party will be penalized for things such as late payments or unfinished work.
Start Soliciting Clients Make sure you have business cards, a brochure and possibly a P.O. Box to make your business look more professional, recommends Knew Money.com. Contact local businesses that could utilize your contracting services. Ask to schedule a meeting with the person in charge of hiring contract workers.
Poaching and stealing are called that because they are illegal. Defaming another company may open you up for all kinds of lawsuits, including defamation, interference with the right of contract, etc.
This statute states that a former employee is prohibited from stealing his employer's trade secrets, even in a case when the employee has not signed a non-solicitation agreement. A client list is considered such a trade secret.
These factors are: (1) the kind of occupation, with reference to whether the work usually is done under the direction of a supervisor or is done by a specialist without supervision; (2) the skill required in the particular occupation; (3) whether the employer or the individual in question furnishes the equipment used
What to Include in a Contract The date the contract begins and when it expires. The names of all parties involved in the transaction. Any key terms and definitions. The products and services included in the transaction. Any payment amounts, project schedules, terms, and billing dates.