By Odell Robbie
Well, guys, you’ve thought long and hard about being an independent contractor for a company. Maybe you want to see the world or just earn some extra cash. Contracting companies are hiring, but there are a few things to know before you try and secure the objective.
1. GET THE INTELL: DO YOUR HOMEWORK
When you start doing the independent contractor thing, you’ve got to remember to do your homework on the company you choose to work for. Ask around and see who their company representative is in the business. Also, seek feedback from guys who may have pulled a stint with them.
2. BUSTING DOWN DOORS: APPROCHING THE COMPANY
If you go with a company, some keys things to remember. You are a contractor not an employee unless they hire you directly to work for them. What’s the difference? Well sports fans, as a contractor you’re being paid by the company to work a contract for services they (the company) bid on and has a client they represent with your labor. The devil will be in the details of the contract you sign with the company and not the client.
3. DEATH AND TAXES: GETTING PAID
You’ll be paid a gross amount set by the company’s payment plan. Some companies pay monthly or at the successful completion of the agreed upon length of time you worked. The time ranges from 30–90 days depending upon the schedule you agreed upon with the detailer or scheduler. As a contractor/self-employed person, you’ll be held accountable to pay your taxes to Uncle Sam and your city/state depending on where you live or where you list your home of record. Read your contract carefully before you sign it! Professionals write it and you need to pay the few bucks to have a lawyer read it and explain the finer points. Don’t have your wife, neighbor, or “know-it all” friend or relative try to set you straight. You’ll make good money—so don’t let it go back to Uncle Sam in taxes. Our contractor rule of thumb is for every $1,000 you make, set aside $300 for taxes.
4. RULES OF ENGAGEMENT: YOUR COMPANY CONDUCT
The company will give you a Letter of Instruction (LOI) that details the things you need to bring, how to get there, and what they will provide. Read that and follow the instructions and know the rules. It will suck to start your first gig by missing a movement, being late, or by bringing unauthorized items—all because you didn’t follow instructions. If you have a question, ask before you show up at the point of departure. When you arrive in country, make sure you bring what’s approved. Remember you still got to go through TSA and Customs coming and returning home. If you get caught with some contraband that’s not authorized by the company, it will be the last time you will be hired by them.
5. COMPLETE THE MISSION: FOLLOWING THROUGH
Contracting is a good way to earn some dough, see the world, and work with some great people, as well as serve your country. We call it Paidtriotism. When you wear the uniform, you are a patriot, and as a civilian, you want to be paid for the services you render. Remember, when you sign a contract you’re expected to uphold your end of the deal. Show up on time, be ready to work, bring what they tell you to bring and/or use what they provide. You expect the company to do their part by paying you, getting you to work, and providing what’s needed to do your job at your destination. Most experienced contractors know and learn the ropes. If you give it a shot, know what to expect. It’s a business and you’ll be treated accordingly. However, the good companies know it’s the guys they hire who make them look good and they’ll go that extra mile to take care of you as long as you’re productive, use common sense, and follow the rules.
Take care and stay tuned…
