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A compliant independent contractor agreement for hiring in Guyana

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Library
Country specific hiring info

A compliant independent contractor agreement for hiring in Guyana

Get your independent contractor agreement in Guyana for $0

Hey, we’re Thera: The platform built for hiring and paying contractors, all over the world. We’ve got locally-compliant contracts in more than 150 countries—written to comply with local contracting laws in places like Guyana.

The good news: Thera’s free until you pay your first contractor. So, grabbing your contractor agreement costs you a grand total of $0. Hit the button below to pick up your locally-compliant contract in Guyana. It takes all of 2 minutes to sign up.

Answering all your questions about independent contractor agreements in Guyana

You may have questions. We’re here to answer them. Below, you’ll learn all the extra stuff you should probably know before putting together an independent contractor agreement for Guyana.

Why do I need an independent contractor agreement in Guyana?

As a proprietor, ensuring your company’s work is done well and on time is probably a top priority for you. Having an independent contractor agreement is one of the best ways to secure those interests. Without written agreements, important details like the scope of work, pay, and deadlines can get confused, which has poor implications for your company’s productivity.

Written agreements have a purpose beyond ensuring everyone is on the same page, though. They are vital in protecting both parties’ legal interests. A written contract is often the only legal basis on which to raise disputes in business arrangements between companies and contractors. In case someone doesn’t uphold the terms you agreed to, a written contract is paramount in protecting the other party’s legal interests.

So… You’re definitely going to want to have a written agreement anytime you’re working with contractors. They might require a little more work in the beginning than a verbal agreement, but that’s a worthy investment for the protection of your company and the contractor’s rights.

What do contractor agreements in Guyana typically need to have?

Every contractor agreement in Guyana (and, the rest of the world) can be broken up into two parts:

  • Contract-specific variables: This includes things like scope of work, rate, and deadline. They’re the project-specific variables that you’ll include with each contract, and are totally dependent on what type of work you’re hiring a contractor to do.
  • Everything else: Besides things like scope and deadline, every independent contractor agreement in Guyana should follow a similar structure. If you want to grab your own contract with a compliant structure for Guyana, sign up to Thera
What makes contractors different from employees in Guyana?

From a hiring standpoint, independent contractors usually save time, money, and stress compared to employees. The differences between contractors and employees extend far beyond hiring, though, and you should understand the major ones moving forward.

Here are a few of the key things that make contractors different from employees in Guyana:

  • Contractors can set their own schedules
  • Contractors can work with their own software and tools
  • Contractors can work for other clients
  • Contractors rarely receive benefits, like health insurance*

For contractors, working independently comes with much more freedom than being employed by a single company. The ability to complete work on their own schedule, take on additional clients, and be their own boss makes contracting ideal for many talented professionals. This is great for companies too, as they typically incur less business risk by working with contractors compared to hiring new employees. In essence, a contracting arrangement is often a win-win for both parties.

*With Thera, you can get your contractors access to sign up for premium global health insurance, from SafetyWing, at a 50% discount.

Click here to learn more about hiring your team in Guyana.

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