Banking

Best Practices For Managing Your Independent Contractors

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Executive Summary

If you're like many small business owners, you hire at least a few independent contractors, instead of regular employees. And, why not? With independent contractors, you don't have to take care of payroll taxes, unemployment insurance, and a host of other taxes and benefits. So, you not only save a bundle, but you also have a lot more flexibility than you do with a full-fledged staffer. It's no wonder that the use of contingent workers is growing at record levels, according to SurePayroll, a Glenview, Ill., payroll processing company that serves small businesses.

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