Hey, we’re Thera: The platform built for hiring and paying contractors, all over the world. We’ve got locally-compliant contracts in more than 150 countries—written to comply with local contracting laws in places like Trinidad and Tobago.
The good news: Thera’s free until you pay your first contractor. So, grabbing your contractor agreement costs you a grand total of $0. Hit the button below to pick up your locally-compliant contract in Trinidad and Tobago. It takes all of 2 minutes to sign up.
You probably have questions. We’re here to answer them. Below, you’ll learn all the extra stuff you should probably know before putting together an independent contractor agreement for Trinidad and Tobago.
Independent contractor agreements put the details of your new partnership on paper, getting everyone in agreement before any work begins. Failing to secure one can set you and a contractor up for confusion, disputes, and potential legal trouble in the future.
Typically, independent contractor agreements detail the work a contractor will be doing, deadlines, and compensation. Courts in Trinidad and Tobago are cracking down on companies that misclassify employees as contractors, so it is especially important to ensure the terms of your partnership do not exceed what is reasonable to ask of a contractor or violate their autonomy as an independent worker. Written agreements are especially important for protecting your company from costly misclassification risk, as they establish a legal record of the nature of your business relationship. They protect contractors too, by ensuring they receive the agreed-upon compensation for their work.
So do you really need an independent contractor agreement? Absolutely. In Trinidad and Tobago, and anywhere else you conduct business.
Every contractor agreement in Trinidad and Tobago (and, the rest of the world) can be broken up into two parts:
Contractors and employees may seem like they’re basically the same, but they aren’t. Employees are entitled to certain benefits from a company while contractors retain additional rights instead of those benefits. It’s important to understand the highlights of this difference going forward.
Here are a few of the key things that make contractors different from employees in Trinidad and Tobago:
Working independently affords contractors more autonomy than working as an employee. They have freedom over their work, how they complete it, and whether they pursue additional work with other clients. This is good for your company too, as you can find talent that is passionate about the work your company does. In essence, this arrangement is a win-win for you and the contractor you work with.
*With Thera, you can get your contractors access to sign up for premium global health insurance, from SafetyWing, at a 50% discount.
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