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Employers
sometimes desire to hire "skilled talent" on a short-term contractual basis for
help completing a project or to act as a fill-in for an employee on leave. Typically,
assignments might be for three, six, nine, twelve months or longer. Employers will contact
an recruiter to help locate the "skilled talent" they desire. Recruiters know
the "employment landscape," and know which candidates are qualified and
available to accept the contract assignment.
There is a right way to hire contract
employees, and there is a wrong way. To eliminate confusion, the IRS has defined a
20-point checklist that makes is clear that in most instances, short-term contractor
employees truly need to be treated as "W2 employees" by someone; and not just
treated as 1099 independent contractors. Fines and penalties are steep for incorrectly
classifying employees as independent contractors.
Top Echelon Contracting is a service
bureau to help recruiters, employers, and job seekers alike. Top Echelon Contracting
becomes the contractors employer. We handle all of the
administrative details associated with having employees, such as funding, payroll, time
sheets, expenses, taxes, insurance, benefits, employment contracts, unemployment issues,
etc. |