Payroll for Contractors

 Payroll for Contractors_March30

Risk Free Payroll!

We Mitigate Your Risk. Ask us how.

There are several concerns clients should have in engaging independent consultants directly. Our payroll services addresses these risks, and provides a very low cost solution to clients wishing to temporarily augment their workforce with consultants or other temporary expertise.

 

Payroll for Contractors2_March30

 

Paper Work Executed Between Contractor and Spyre:

     

  • Contains protection for  Gov’t regarding confidentiality, ownership of intellectual property etc.
  • Non solicitation clauses
  • Quality of work clause
  • Appropriate termination clauses

 

Payroll for Contractors3_March30

 

Highlighted Service Features:

     

  • Rapid payment to your contractors (usually net 7 business days) – The feedback we get universally from contractors is that this benefit is worth the service fee alone!
  • Single point of contact
  • One window for  contracts,  invoices, payments, receivables, collections
  • WSIB compliance
  • One page SOW documents
  • Extensive insurance coverage provided (Prof. Liability, Gen. Liability, Non-owned Auto)
  • Painless renewals
  • Arm’s length relationship with the consultant (insulation/dismissal of possible CRA concerns)
  • Collection and timely remittance of appropriate GST/HST
  • Appropriate tax filing for all non-inc. entities, (creation & submission of T4A & T4A sum. returns)
  • Initiation & completion of security/background checks, if required
  • Processing of time sheet & expense reports with training, if required
  • Regular communication/transmission of o/s items to Gov’t  int. audit for review, if required
  • Multi-currency/currency risk management (pay in USD for US contractors, invoice in CDN)
  • Negotiation of rates with the consultant, if required

Note: A small pass through fee is required for this service

 

Experience:
 
We have several large enterprise payroll customers. References and client testimonials are available upon request.  Please contact us for more information.