Contractors are a cost-effective hiring solution for companies, especially when the amount of work that needs to get done is less than the amount a full or part-time member of staff would do over the course of an average month.
The financial viability of hiring independent contractors lies in the fact that companies are not responsible for paying their taxes; however, as an employer, you are still responsible for completing the IRS Form 1099-Misc at year-end to maintain compliance.
Get all the facts on retaining, firing, and hiring contractors for small businesses from Wagepoint CMO, Leena Thampan in our guest post for Capterra. Read the full post here: An In-depth Look at Finding, Hiring, and Retaining Contractors.
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About the Author
Leena worked for some of the big guns in the media industry before deciding her true calling was to be the ultimate curator of our brand - this is our version of the story, of course. She spends her days cooking culinary masterpieces from all over the world. And if you are not really careful, she might just offer it to you.Follow on Google Plus Follow on Twitter More Content by Leena Thampan