Independent Contractor Agreement Australia
Since independent contractors are not employed, they do not have a minimum wage or wage. Instead, independent contractors negotiate payment as part of their contract. Yes. Unless otherwise provided in a written contractual agreement, a contractor or consultant owns and retains the intellectual property and copyright of all works they have produced. For an employee, it`s the other way around. In a worker-employer relationship, the employer generally owns the intellectual property and copyright in all work performed by workers during their employment and performed during working hours. You want to make sure you have an arm length relationship with a contractor, freelancer or consultant to make sure you don`t have superannuation, vacation pay, health insurance, other benefits, taxes, etc. In addition, unqualified work often implies the need for greater control of the worker and therefore refers to an employment relationship. In addition to paying their own taxes, self-employed contractors may have to pay their own pension contributions.
There are exceptions, for example. B when a contractor is hired wholly or mainly for work – in this case, they are considered employees for pension purposes, and the person who hired him is responsible for paying his superannuation. . . .