- Street: A-304,Riddhi Siddhi,Sector-6, Near SpineCity Mall, Moshi Pradhikaran,
- City: Pune
- State: Maharashtra
- Country: India
- Zip/Postal Code: 412105
- Listed: September 27, 2018 10:01 am
- Expires: 682 days, 14 hours
Dos and Dont’s of Hiring Contractors
With startup culture in full swing, there is a boost in hiring contractors or Contractual Staffing in Bangalore and all across the globe. But there is certain nitty-gritty involved when it comes to hiring a contractor.
Here’s a list of Dos and Dont’s of Hiring Contractors that you need to keep in mind while hiring both employees and contractors:
- Understand the critical difference between employees and contractors.
- Don’t hire employees until your profit margins are stable.
- Do hire contractors for specialized projects.
- Do communicate with contractors on a regular basis.
- Don’t misclassify workers.
Do Understand the Difference between an Employee and a Contractor
Contractors, on the other hand, are hired to do one specialized/ specific job. They work with multiple clients, set working hours. While on the other side, employees work according to the terms dictated by the employer.
Don’t Hire Employees Until Your Profit Margins Are Stable
According to a few renowned Labor Contractors in Bangalore profit margins determine the number of full-time employees. So unless your profit is steady, hire contractors only.
Both employees and contractors help you achieve your business goals. If there’s no money or if cash flow dries up early on, they’ll exit eventually.
Do Hire Contractors If Demand of Work Is Uncertain
Hire a contractor if you are unsure of the demand for the work. Also, if the project requires a specialized skill, it makes perfect sense to contract out the work.
Do Communicate With Your Contractors
Since the contractors typically work remotely, it’s critical to keep the lines of communication open with them. Make sure you stay in touch via email, phone calls, SMS, Skype, and FaceTime calls.
To avoid misclassification between employees and contractors review and understand how employees differ from contractors before hiring and keep any confusion at bay.
Pune – (Head Office)
TeamPlus Staffing Solution Pvt Ltd
A – 304, Riddhi Siddhi, Sector – 6,
PCNTDA, Near SpineCity Mall, Moshi Pradhikaran,
Pune – 412105
Phone – +91 80 8760 6363
Bangalore : –
Workbench Projects, Gupta Layout,
Halasuru Metro Station, Old Madras Road,
Halasuru, Bangalore – 560008
Phone:- +91 9552 543 304
Website: – http://www.teamplusindia.in/
Email Id:- firstname.lastname@example.org
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