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In every industry, employers are increasingly relying on independent contractors over traditional full-time employees to grow their businesses.
Contactors give employers substantial flexibility – they are able to tap certain specialized skills without the risk of a full-time hire.
They are able to structure performance based compensation arrangements without the financial risk of guaranteed salaries or fringe benefits.
They are also able to make quick changes to the composition of their workforce if a contractor or initiative does not work out.
However, the risk is if the independent contractor relationship is not properly documented, the employer has unlimited liability for contactor activity and substantial tax liability on compensation paid to the contractor.
This program provides a practical guide to drafting independent contractor agreements, including the term of an agreement, compensation, major tax issues, reporting and the limitation of liability.
February 01, 2018 2:30 PM Eastern
NC State Bar
Mandatory Continuing Legal Education (MCLE) and Certified Paralegal Education (CPE) (Total): 1.00