![]() ![]() Assignment: neither party may transfer the right to get paid or job to be completed to another party unless there is prior written permission.Use an employment contract if you are hiring an employee on a long term basis.įurther, this document may also address these legal details: “at will” contract) and how many days written notice is needed beforehandįringe Benefits: the contractor cannot participate in any of the hiring company’s employee pension, health, vacation pay, sick pay, or unemployment benefitsĪssistants: the contractor can hire their own assistants but will be responsible for their assistants’ expenses like Social Security taxes and Medicare Termination: whether the hiring company can end the relationship at any time (i.e. Services: specific description of task to be performed or work product to be deliveredĬompensation: how much and often the contractor will be paidĮffective Date: when the Agreement begins and the job starts Hiring Company: person or entity in need of special servicesĬontractor: person or entity hired for a project or task ![]() This document usually addresses the following basic elements: Unlike an employment agreement, this document clearly spells out why the party being hired is not an employee for legal and tax purposes. ![]() One person or company is hiring another to help on a short term task. What is an Independent Contractor Agreement?Īn Independent Contractor Agreement is a written contract between two parties for a specific service or project.
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