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Manager, Korean speaking

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Manager

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✅ The importance of establishing freelance terms and conditions
#Freelance

⏩ Contracts are legal agreements that are designed to protect both parties — the freelancer and the hiring company throughout the work relationship and beyond. As a hiring manager, establishing freelance terms and conditions gives you a guarantee that the freelancer will deliver the work according to the timeline and specifications that you agreed upon.

There are a few other important reasons to draft and sign a contract for every freelancer your hire:

1️⃣Avoid misunderstandings. Contracts help you avoid conflicts that could arise down the road about who is responsible for certain things, such as covering business expenses, providing training, or issuing equipment.

2️⃣Protection in court. Since contracts are legal documents, they can be used in court should one party breach the agreement.

3️⃣Work “by the book.” Contracts show stakeholders outside of your company (such as investors) that you are doing everything by the book and in an orderly manner. During due diligence audits, such as before receiving funding or going public, all of your vendor and freelance contracts will be reviewed.

4️⃣Comply with labor laws. In some US states and other countries, it is against the law to work with a freelancer without signing a contract. For example, New York passed the "Freelance isn't Free" act in 2016, which requires freelancers and hiring companies to sign contracts, among other obligations.

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