With the emergence of technology, millions and millions of talent are now accessible at your fingertips. However, just when we thought things were getting easier, they actually got trickier. With a lot of contractors to choose from, it gets more and more challenging to find the perfect fit! But when you do find the right candidate and are now ready to start inking that legally-binding contract, you might want to consider a few things first before it starts becoming your nightmare.

Today, Helen Kay—a contracts lawyer and a repeat guest—is back by popular demand in Part 4 of our mini-series ‘Protecting Your Trade Business From Legal Risk’ to discuss with us the difference between a contractor and an employee, some of the risks that you need to weigh before getting into a contract with someone, and the practicalities when hiring a contractor.

Make wise onboarding decisions and start forging contracts with the right people by tuning in to this episode!

Disclaimer: This podcast episode contains information that resonates specifically with the Australian legal system. If you are offshore and have inquiries about your market, please seek legal advice from qualified attorneys in your country or state.

What’s Discussed in This Episode:

1. What is Rise Legal? [03:45]
2. Legal disclaimer [04:47]
3. What makes today’s topic timely [05:14]
4. Don’t rush into it [06:35]
   • Why you need to get necessary legal documents in place [09:53]
5. Overview of today’s topic [07:26]
   • Identifying a contractor and an employee [11:45]
   • Hiring contractors vs hiring employees [12:40]
6. What is a contractor? [10:28]
   • The best thing to do is to err on the side of caution [16:19]
7. If 80% of your worker’s income comes from you, you should pay the employee benefits [15:08]
   • Contractors can delegate their work [17:34]
   • Contractors get paid based on a quote; Employees get paid based on work hours [17:44]
   • Contractors provide their own assets, employees don’t [17:55]
   • Contractors take commercial risks [19:22]
8. Six factors that determine whether your worker is an employee or a contractor [17:25]
9. Ways to draft a contract with a contractor [20:07]
10. Deliberate on the legal and insurance risks before signing a contract [23:55]
11. It’s essen

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