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Independent contractors can get pretty beat up in situations like this- there are really strict rules about the price increases a contractor can ask for from on
by Articulate 14y ago
Independent contractors can get pretty beat up in situations like this- there are really strict rules about the price increases a contractor can ask for from one year to the next- and often it is less than 5% and those contractors aren't able to complain because the alternative to to just not renew the contract- which is the right of the organization- being a contractor in many ways leaves you with less security (especially to do stuff like speak up when a regular employee is doing bad work) and less pay.
- r00fus 14y agoThis depends - in a truly independent contracting situation - ie, the contractor has a corporation (usu. S-corp) and manages their own P.O. with the client company, there is incredible freedom and ability to negotiate - you are, however, effectively re-negotiating very often (sometimes daily if the PO is running low). If you happen to be a contractor working for Volt, Adecco, Robert Half or some other staffing firm, then you are in a different league and are often in a worse position than as an established employee or a truly independent contractor... you might have some basic benefits and 401k, but this is body-shop territory and it's advisable to consider this situation as non-permanent.