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🔵 Freelancing articles, tips, and trick optimizing your workflow for better efficiency and higher earnings. Buy Ads:  @JamesCookTg  
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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🔔 Everything Businesses Need to Know About the 1099 Form #Freelance 🔺 A 1099 form is a way of reporting that a non-employee has been paid for a job by someone who is not their employer. It is a piece of documentation that the IRS requires, and individuals will use it to declare income that is not from a traditional employer/employee relationship. For example, while employees use a W-2 form, independent contractors use form 1099-NEC.  There are a few different types of 1099 forms that you may hear about, including:  🔺 1099-NEC: This is the standard form that employers need to use to declare income given to non-employees. A business will use 1099-NEC to report any non-employee compensation that is above $600 in the tax year. It replaces the function that was held by box 7 of the 1099-MISC form.  🔺 1099-MISC: As MISC is short for miscellaneous, it’s no surprise that this form is used to report income that doesn’t fall into the usual categories of employee wages, or freelancer payments. Almost any payment that a business makes of more than $600 needs to be reported on this form, including medical and healthcare payments, renting of equipment of office space, awards and prizes, and cash payments or royalties of any kind.  🔺 1099-K: This form is related to income that you receive for goods and services that arrive via credit card, or any other third party payment system. This includes FinTech apps such as CashApp or Venmo. While previously, you would need to receive more than $20,000 across more than 200 transactions to file a 1099-K, for 2023, the IRS has reduced the reporting threshold to $600, no matter how many transactions are received.  💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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💠 Types of Labor Laws #Freelance 🔹 Labor laws have evolved a lot over the years, and whether it’s laws protecting the individual worker, or collective laws that protect a whole workforce, labor laws are one area that any business needs to be on top of. Let’s look at the two main kinds of labor laws, individual and collective. 🔺 Individual labor laws For individuals, labor laws include any legal issues that relate to the individual worker and their employer. Individual labor laws include:  🔺 Terms of employment: When you start working with an employee, a consultant or a contractor, you need to have certain laws in mind. 🔺 Discrimination laws: As well as domestic labor laws around discrimination, the International Labor Organization lays out standards for equality of opportunity and anti-discrimination. 🔺 Benefits: These vary widely from one country to another, for example in the US, health insurance is mandatory for businesses with over 50 full-time employees or equivalent, while in the UK, as there is a National Health Service, health insurance is not a common benefit, let alone a mandated one. Benefits such as pension contributions, sick days, parental leave and more all need to be checked closely depending on where your workers reside. 🔺 Minimum wage: Minimum wage is another area which is different depending on the location. 🔺 Collective labor laws  🔺 Labor laws can protect groups of workers by enabling collective bargaining, which individuals may not achieve alone. In the U.S., the National Labor Relations Act (NLRA) grants workers the right to form unions and negotiate for better wages, working hours, and improved health and safety conditions without facing discrimination. Unions operate independently of employers and are often tailored to specific professions, such as nurses and doctors, with various local, national, and regional unions existing across different countries. 💻 🛡 Powered by V3V Ventures
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😬Pandora’s Box? No, it’s the treasure trove of whales. At the bottom of the ocean, a true find was discovered — the treasure trove of @Whale.✈️ 🎶@Whale is the first licensed casino on Telegram with over 1000 games. Upon discovering this, the expedition hurried back to the surface for fresh air. But @Whale didn’t stop there. It also offers participation in monthly giveaways with a prize pool starting from $30,000. 🏎And that’s not all. — Convenient deposits — Flexible referral system — Fast withdrawals 🏖 These features stunned everyone except one diver. His resolve remained unshaken thanks to Wheel of Whales — a clicker that lets you earn tokens without investment, simply by tapping the screen 🔥 P.S. @Whale sails not only the seas but also the expanses of Telegram. Become part of something bigger.
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Key Benefits of Staff Augmentation Services #Freelance Many enterprises love the idea of working with freelancers more, but in reality — it’s too much hard work for their teams. Specific challenges include:  🔺 Finding the right people: Most people look for freelancers on freelance marketplaces or via their own social networks. This can attract a lot of leads, but the quality can be variable to say the least. Narrowing it down is a lot of work.  🔺 Ensuring compliance: Hiring freelancers without thinking about compliance is a huge risk for any enterprise. Misclassification can lead to fines, penalties, and reputational damage. Compliance isn’t one and done, it’s an ongoing obligation.  🔺 Onboarding quickly: If freelancers are augmenting your existing team, they may need to sign up to specific systems and applications, and get all the right documentation listed with Legal, HR and IT. This can slow down time to value.  🔺 Keeping information up to date: You can work with a great freelancer, but lose their up to date contact data or accurate information on their rates or working status. This is especially true after some time has passed.  With staff augmentation services, a lot of these challenges are bypassed automatically. Staff augmentation services will have a pre-vetted pool of expert talent, which means you don’t need to sift through dozens or even hundreds of applications or profiles. Compliance is usually part of the vetting process, so you can onboard new workers quickly and help them get started with a project immediately. Staff augmentation services will have a record of who you have worked with, and a constant stream of new talent for specific needs.  💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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💬 What Are PEO Services, and Why Do Organizations Use Them? #Freelance 🔗 PEO stands for Professional Employer Organization, and PEO services are a smart way for businesses to relieve their administrative burden through co-employment with an external partner. ❔ Why Do Companies Use PEO Services? Managing employee payroll and HR can be complex and labor-intensive, requiring accurate and timely payments while navigating various tax regulations and benefits provisions. This complexity increases when operating across multiple regions or countries, as different states have unique requirements for taxation and labor protections. The rise of remote work, with 74% of professionals anticipating it will become standard, further complicates compliance for employers, highlighting the need for effective solutions to manage these challenges. ❔ What Tasks Do PEO Services Take On? PEO services are exactly that smart solution. These third-parties are experts in the details of local labor laws and compliance requirements, and can support you in managing your workforce with greater agility and ease. Common tasks that they perform include:  🔺 Payroll processing: The PEO service is likely to be responsible for managing the monthly payroll, including withholding the right taxes and employer contributions for each region, and making sure that all employees are paid accurately and on time, with their benefits calculated and included. 🔺 Recruitment: It can be hard to find the right talent in a new location, especially without “boots on the ground.” A PEO service can work globally or across the US, and use local contacts to hire skilled talent in-region. 🔺 Benefits: No idea where to start on getting your employees the right healthcare, 401k, dental or workplace compensation insurance? Outsource it! PEO services usually have relationships with local partners for a huge range of benefits, which means they can get you a good deal on a wide range of perks for your employees, and know who to avoid and which partners to couple up with. 🔺 Professional development: Learning and development opportunities are a core part of a workplace package today, but small businesses often struggle to implement professional development. 💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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🛡 Direct and Indirect Costs of Hiring New Employees #Freelance 🔺 The simple definition of hiring costs are any budget that goes towards onboarding new workers to your business. Cost-per-hire is a commonly used metric in HR and Recruitment, but different companies include different line items in their calculation. Direct Costs of Hiring New Employees: 🔺 Advertising and Recruitment: These are the most obvious costs of making a new hire. Posting the position on job boards, working with recruitment agencies, or using marketing efforts to help find the right people all costs money, and these can stack up fast. 🔺 Hiring Process Expenses: In this category, think about background checks, compliance screenings, technical assessments or the cost of interviewing potential candidates and freeing up interview panels to make that happen. 🔺 Administrative Costs: Especially if you're hiring globally, there are additional direct costs to ensure the employee can legally work for your business, whether that's obtaining work visas and permits, or complying with local legal requirements in the hire's own home location. Indirect Costs of Hiring New Employees: 🔺 Time Costs: By some estimates, finding and onboarding a new hire can take 42 days. During this time, the HR department and hiring managers are spending their time writing updated job descriptions, reviewing resumes and cover letters, sitting in on interviews, and having private evaluations. 🔺 Productivity Loss: Even once a new hire is chosen, the productivity loss keeps on rolling. When your existing team has to train and manage a new employee, their attention is split, and they have to move a lot slower. 🔺 Training and Onboarding Costs: When a new hire starts work, there’s so much more than handing them their badge! Think about setting up payroll, enrolling them in the benefits program, or updating records. 💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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👍While the market is waiting for @Whale a great opportunity to earn tokens with the Wheel of Whales clicker. I recommend checking out this app for two reasons: 🛞 The clicker was launched recently, and as you know, the biggest rewards go to those who get in early. 🛞 For those who don’t know: only a few projects in Telegram have obtained a license, and one of them is @Whale. Go to @Whale and enjoy!✈️
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What Are Contingent Workforce Solutions? #Freelance ⏺Your contingent workforce is anyone who works for your business but is not on the monthly payroll. Think about seasonal workers, independent contractors and freelance talent, consultants, agency workers and more.  Elements of a Successful Contingent Workforce Solution Contingent workers are a whole different ball game from on-payroll employees, so it’s important to think about a specific strategy for onboarding, classifying and managing this part of your workforce. Technology can play an essential role here, handling elements such as:  ⏺ Efficient Recruitment Processes: Fast and flexible hiring is a competitive advantage for any enterprise. You simply can’t find freelance talent in the same places you look for full-time employees. ⏺ Proper Workforce Classification: The rules are changing all the time regarding the correct way to classify independent contractors and employees. ⏺ Effective Management and Control: Once a contingent workforce is onboarded to all of your systems and processes, it’s time to think about managing their workload and milestones moving forward. ⏺ Compliance with Relevant Laws and Regulations: A contingent workforce will not work exclusively for your company — they have other clients to consider, so getting all your documentation in a row is critical. 💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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🔺 Why is it important to get freelancers to sign a freelancer NDA? #Freelance 🔺 What is an NDA? NDA is sometimes called a secrecy agreement, proprietary information agreement, or confidentiality clause. It is a legally enforceable document that explains that the signee cannot disclose certain information about your company, even once the terms of your arrangement are complete. 🔺 While full-time employees come with references, background checks and often a lengthy hiring process, freelance relationships can be much more casual. Hiring managers can search on freelance marketplaces like Upwork or Fiverr at 9am, and request an initial project just hours later. A freelancer NDA is an added layer of trust that your freelancer is being straight with you, and that even if they only work with you for a single short-term project, they can’t take your information elsewhere. 🔺 Getting your freelancer to sign an NDA is also a clear and unambiguous way to explain what’s sensitive or private about the work that they are doing. Freelancers are separate from the rest of your employees, and what may be obvious when you’re in the office – may not be to someone who doesn’t participate in company meetings or understands the competitive environment. 🔺 An NDA can also help to set expectations during the onboarding process, outline the sensitivity of certain information, and explain to the freelancer what the consequences would be for the business and themselves if certain elements of the way the business works came into the public eye. 💻 🛡 Powered
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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❗️ Top 10 Skills Gap Analysis Templates #Freelance 📎What is a Skills Gap Analysis Template? A skills gap analysis template is a structured framework used by organizations to assess and analyze the gap between the current skills of their employees and the skills required to meet organizational objectives. There are numerous skills gap analysis templates available, each with its unique features and benefits. Here are ten popular templates that organizations can consider: 1️⃣SWOT Analysis Template: Utilizes strengths, weaknesses, opportunities, and threats to assess skills gaps. 2️⃣Competency Assessment Template: Evaluates specific expertise required for job roles. 3️⃣Training Needs Analysis Template: Identifies training requirements based on current skill levels and business goals. 4️⃣Performance Appraisal Template: Incorporates performance evaluations to assess skill gaps. 5️⃣360-Degree Feedback Template: Gathers feedback from peers, subordinates, and supervisors to provide a holistic view of employees’ skills. 6️⃣Self-Assessment Template: Allows workers to evaluate their own skills and identify areas for improvement. 7️⃣Gap Analysis Template: Compares current skills against desired skills to identify differences. 8️⃣Job Analysis Template: Analyzes job roles and responsibilities to determine required skills and competencies. 9️⃣Skill Inventory Template: Inventories current skills within the organization to identify areas of expertise and gaps. 1️⃣0️⃣Career Development Plan Template: Focuses on long-term career goals and the skills needed to achieve them. 💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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Meme coins – a money-making button? Or how to make a profit in the crypto market? Yes, if you get in at the right time! For example, $PEPE brought in 5000% profit in 2023 – you could have turned $100 into half a million. But it’s too late to jump in now. What to buy? $APES . In just 3 weeks, it has hit the top of the growth charts, and the meme is going viral with millions of views. It’s soon to be listed on Bybit and, according to rumors, on Binance. Keep an eye on the news via and ⚠️And remember, getting Apes before the Binance listing is like buying Bitcoin 10 years ago.
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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🙂 2024 Gig Economy Trends to Watch in the Freelance Industry #Freelance What Are Gig Economy Trends? Gig Economy trends are the best way to understand what’s happening in today’s workforce. They are changes and shifts in the way the gig economy functions that help us to spot patterns and recognize how the way we work is changing in the year ahead.  Here are six key trends to watch in the year ahead: 🔗 An Increasingly Connected Workforce: One core challenge of working with freelancers is communication. While some freelancers come into the office, most do not – and the beauty of a freelance workforce is that you can hire the right talent from anywhere in the world. 🔗 Talent Management: Love that freelancer you worked with last year? But what was their name again…? Talent management solutions help you to organize and manage your freelance talent, so that you never forget a great asset to the workforce, and can track availability, skills, compliance, and contact information at a glance. 🔗 Gig Worker Upskilling: Freelancers are 1.4x more likely. to work on improving their skills and getting training than their employed counterparts. 🔗 Virtual Tourism: If you think being a digital nomad was just a fun way to see out the pandemic, you’re years behind the curve. 🔗 Automated Candidate Assessment: With the freelancer talent pool growing all the time, how will you find the right people to fill your skills gaps? Your own network is a great place to start, but it’s important to look outside of that, and open yourself up to freelancer marketplaces and other circles too. 🔗 Retirement Planning: Turns out, U.S. gig workers are underprepared when it comes to saving for retirement. The government is stepping in to help with laws like Secure 2.0 offering savings match initiatives, but this won't start until 2027. 💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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🔺 Using FTE Salary to Streamline Workforce Management #Freelance 🔹FTE salary is a method that some companies use to work out how much to pay employees and contractors who do not work full time for their businesses. How to calculate FTE Salaries: 🔹 The first step when using FTE to calculate salaries is to define what you mean by full time. How many hours is a full-time worker employed by your company? This is usually between 37-40 hours.  🔹 Once you’ve decided what full time is, you can then classify employees as full time, part time, or something else entirely, like a consultant or a contractor.  🔹 By calculating the annual hours of a full-time worker, you can then work out how much they make per hour, and multiply it by the number of hours part-time employees work to adjust for their accurate compensation. If a full-time developer is making $80,000 a year working 40 hours a week, then it makes sense that a developer working 30 hours a week should make $60,000 a year, for example, as they work three-quarters of the amount of time.  🔹 For independent contractors, this approach will be different. A freelancer usually sets their own rates, and these can be higher than in-house staff, as they need to consider their own taxes and benefits. As a result, even with the higher initial or per-hour price tag, hiring a freelancer can often save money, at the same time as offering niche skills and expertise.  💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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5 Employee Misclassification Myths Debunked #Freelance 🔹 Myth 1: The Contract Determines Worker’s Status: “If I make it clear that this worker is a freelancer in the initial contract, I’m covered.” Many enterprises hire a new worker, and engage in a freelancer agreement or contract, assuming this has them covered. Reality: Legal Standards Over Contractual Agreement 🔹 Myth 2: Part-time Workers are Always Contractors: “This worker only provides services a couple of days a week, so they are a contractor, not an employee.” It’s common to hear part-time workers called contractors, especially if they only work a very limited number of hours for your enterprise. Reality: Part-time Status Doesn’t Determine Classification 🔹 Myth 3: If the Worker Agrees, Employee Misclassification Isn’t an Issue: “My worker is fine with being a freelancer, in fact they prefer it that way.” Freelancer misclassification rules were set up to protect independent contractors from enterprises that unlawfully hire them as contractors in order to avoid paying benefits such as sick leave, vacation pay, parental leave, and more. Reality: Legal Consequences Regardless of Worker’s Agreement 🔹 Myth 4: Small Businesses are Exempt from Classification Rules: “I only hire a handful of workers. Classification rules don’t apply to me.” This myth probably stems from rules around providing health insurance and other benefits. Reality: Classification Rules Apply to All Businesses 🔹 Myth 5: Remote Workers are Automatically Independent Contractors: “My workers live in another country! I never even see them. How can they be employees if they aren’t in the office?” The more control an enterprise has over the way an individual works, the more likely they are to be an employee rather than a freelancer. Reality: Worker’s Location Doesn’t Determine Classification 💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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Enjoy our content? Advertise on this channel and reach a highly engaged audience! 👉🏻 It's easy with . As the leading platform for native ads and integrations on Telegram, it provides user-friendly and efficient tools for quick and automated ad launches. ⚡️ Place your ad here in three simple steps: 1 2 Top up the balance in a convenient way 3 Create your advertising post If your ad aligns with our content, we’ll gladly publish it. Start your promotion journey now!
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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🔺 Best Practices for Transitioning to DevOps Culture with On-Demand Tech Talent #freelance 🔹 One smart approach to meeting the skills gap head-on is to leverage on-demand talent and freelance workers. This can be a great alternative to hiring in-house employees who you may not need for every project, and spending weeks or months onboarding new hires when an emergent need is around the corner.  🔹 Utilizing on-demand talent is a great way to get into the mindset of having a DevOps culture in the first place. It’s an innovative solution that thinks outside of the box, it leans on collaboration, embracing the right skills and talent to increase speed and value, and each freelancer can take accountability and control over their part of the project, while working alongside your in-house team.  🔹 If you’re wondering where to find on-demand tech talent for a DevOps team, here’s where picking the right tools comes into play. Fiverr Enterprise provides an IT talent pool, curated especially for you – one place where you can gain instant access to your own carefully vetted Dev & IT talent, that’s ready-to-hire and able to meet your business requirements. 🔹 Hire any tech expertise, eliminate resource uncertainty, reduce hiring costs and maintain a consistent and quality workforce. The SaaS solution enables you to confidently take on more projects, knowing you have a dedicated talent pool that’s always available.  💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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Looking to boost your online earnings? 💻 🐋 BINGO is the perfect side hustle for anyone working online! ⚽️🆕 Imagine your BINGO card as a 4x4 grid of random football events — a fun way to earn while you browse. Here’s how it works: 1️⃣ Pick your BINGO card. 2️⃣ Lock in your picks with just 1 TON. 3️⃣ Watch the matches — the more you guess right, the bigger your reward! 🏆 Get all 16 correct, and you could hit the JACKPOT — 1000 TON! 💰 Turn your downtime into earnings with Superwhale BINGO! 👇
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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🔺 Contractor Onboarding: The Ultimate 9 Step Checklist #Freelance 🔹 Part one: 5-step internal checklist for seamless contractor onboarding  Ensuring your team, as well as IT, finance, and legal are prepared to sign on a new freelancer or contractor requires several key internal steps. Here’s what should be on your to-do list before you dive into work. 1️⃣Collect their contact details 🔴Full name 🔴Phone number 🔴Email address 🔴ID or EIN number 🔴CV and/or references to past work 2️⃣Sign and save all of your required legal documents 3️⃣Collect and share your contractor’s payment information with your finance team 3️⃣Request systems access and/or equipment from your IT team 4️⃣Document your contractor onboarding checklist 🔹Part two: 5 points to cover with your contractors The second section of our contractor onboarding checklist is aligning on expectations, explaining the work, and answering any questions they may have. Here are five points to discuss before the work begins. 1️⃣Provide background information on your company and its business objectives 2️⃣Define key milestones, deliverables, and deadlines 3️⃣Align expectations regarding payment terms 4️⃣Establish communication rules 5️⃣Provide detailed feedback after the first milestone 💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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💻 Essential Technologies for Remote Work #Freelance 🔹 There are a number of important categories of remote workforce technologies, each of which will be more or less important depending on your specific business context. Here are a few important examples:  🔹 Communication Tools: Communication apps like Slack or MS Teams let distributed workers chat in real-time, and have features such as group chat or channels so that everyone can stay up to date. These tools can also make sure workers don’t feel lonely away from the team.  🔹 Collaboration and Productivity Tools: Technology can help teams to track milestones, projects and budgets, and keep on top of important metrics such as employee satisfaction, productivity and even burnout.  🔹 Project and Task Management Software: Tools such as Monday . com, Trello or ClickUp are now an important part of the office, allowing remote workers to log on from anywhere and view their open tasks and the progress of their projects. 🔹 Time Tracking and Management Tools: If managers are worried about employees working from home, or freelancers are being paid by the hour, time tracking and management tools can add visibility and transparency to remote work.  🔹 Security and VPN Solutions: Remote work opens up a whole lot of risk to company networks, as employees and freelancers use home networks for both work and play. A robust security suite including VPNs and RDP can be a powerful toolset.  💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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🔻 5 Reasons Why an FMS Makes Sense for Marketing Agencies #Freelance 🔹 For agencies of all kinds, having an agile workforce is critical. At any point, an existing client or an exciting prospect may pick up the phone looking to add resources or have a project taken off their hands – and it’s up to you to be able to provide the right talent. Here’s why a Freelance Management System (FMS) makes an agency’s life so much easier from day one.  🔹 Agencies <3 Freelancers, But What are Their Challenges? Agencies use freelancers for their flexibility and expertise, but struggle to efficiently manage them, lacking visibility and spending too much time coordinating, which could be addressed by the right tools and processes. 🔹 The Solution: A Freelance Management System That Streamlines Working with Independent Contractors from End-to-End: Fiverr Enterprise’s Freelancer Management System was built to address the challenges of agencies who work with multiple freelancers. Here are five ways agencies can optimize working with freelancers from the moment of deployment.  🔹 Fast and Compliant Onboarding 🔹 Talent Pool Management 🔹 Boosting Freelancer Retention and Loyalty 🔹 Improving Budget Visibility 🔹 Simplifying Payments 💻 🛡 Powered by V3V Ventures
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❗️ Current vacancies Get your job right now here: ▶️ ▶️ ▶️ ▶️ #Freelance 🛡 Powered by V3V Ventures
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📢 Independent Contractor Invoice: What to Look For? #Freelance 🟡 Dealing with independent contractor invoices can be a complex and time-consuming process for businesses. Freelancers, agencies, and consultants have their own preferred methods of invoicing, which can vary dramatically. Some may use simple word processing software, while others leverage third-party invoicing tools or cloud collaboration platforms. This lack of standardization can make it challenging for payroll managers and HR teams to efficiently process the influx of invoices from multiple departments and freelance workers. 🟡 Adding to the complexity, independent contractors have different billing cycles, with some invoicing for individual tasks and others submitting a single monthly invoice. Additionally, there are various local and regulatory requirements that businesses must navigate, such as tracking taxpayer identification numbers and business registration details for tax reporting purposes. Failure to adhere to these requirements can lead to issues when it comes time to file the necessary forms. 🟡 To streamline the process, businesses should establish thorough onboarding procedures for independent contractors. This ensures that all relevant information, such as taxpayer IDs, payment preferences, and legal documentation, is collected upfront. Implementing a centralized platform, like Fiverr Enterprise, can also provide a unified view of all freelancer projects, milestones, and payments, eliminating the need for manual data entry and reducing the risk of budget surprises across departments. 🟡 As the use of independent contractors continues to grow, effectively managing invoices and contractor relationships will become increasingly essential for businesses. By proactively establishing clear processes and leveraging the right tools, organizations can overcome the challenges posed by the diverse invoicing practices of freelancers and maintain compliance with local regulations. 💻 🛡 Powered by V3V Ventures
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🧬 Top 13 Freelancer Payment Methods #Freelance Here are the most common ways freelancers get paid for their work:  🖱Wire transfers: Direct bank-to-bank transfers, suitable for high-value and urgent payments, but often involve high fees for both sender and recipient. 🖱ACH payments: Also known as direct deposits, these are low-cost, secure domestic transfers that take 2-3 days to process. 🖱Credit cards: Immediate payments that provide high security and separate company bank details from transactions, but require freelancers to have merchant accounts and involve high transaction fees. 🖱Checks: Traditional paper checks are low-cost but slow and insecure, with bank account details exposed. 🖱eChecks: Digital versions of paper checks, processed quickly and securely with low fees, requiring setup with a payment processor. 🖱PayPal: Fast, secure payments with currency conversion, but variable fees and the requirement for freelancers to have a PayPal account. 🖱Payoneer: Allows payments in local currencies and is suitable for international transactions, though it has fees for bank transfers and does not provide 1099 forms. 🖱Bill . com: Automates invoice processing and supports multiple payment methods, but involves platform usage fees and setup complexity. 🖱Wise: Offers competitive exchange rates and fast payments without requiring recipients to have a Wise account, but limited to payments in 70 countries. 🖱Tipalti: Automates accounts payable processes and supports multiple payment methods with account validation, but has variable fees and does not produce 1099 forms. 🖱Venmo: Popular in the U.S. for quick, secure payments and easy transfers to bank accounts, but limited to U.S. users and may have transfer limits. 🖱Freelance Management Systems (FMS): Centralized platforms like Fiverr Enterprise offer various payment options and additional functionalities like onboarding and budget management, but involve platform fees and setup effort. 🖱Freelance Services Marketplaces: Platforms like Upwork and Fiverr handle payments and tax compliance, automate recruitment and onboarding, but have high marketplace fees and may not be suitable for long-term freelancers who prefer direct contracts. 💻 🛡 Powered by V3V Ventures
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🪙 Scale Your Talent Operations With Workplace Management Software #Freelance ➕What Is a Workplace Management Software? Workplace management software is any technology that allows managers to streamline and automate the worker experience. Types of Workplace Management Software: 🟠Time-tracking software: For shift workers, or workers who are paid per hour — you may want to onboard a time-tracking solution. 🟠Project management tools: Software like Trello, and Asana help to keep track of workload and allow for communication between workers. 🟠Payroll systems: Ensuring everyone is paid accurately and on time is a critical part of any business. 🟠Employee engagement tools: Peek under the hood, and is your talent happy? Key Features of Workplace Management Software: 🟠Task scheduling: When you hire employees, they usually have a wide job description, and an ongoing workload to keep up with. Freelancers have a totally different way of working — usually heavily task-oriented. 🟠Resource allocation: Businesses can work with dozens or even hundreds of freelancers, across different departments, geographies, and skill sets. 🟠Communication tools: When communication is siloed in emails, WhatsApp messages, or messaging apps tied to a specific freelancer marketplace or social media network — it’s lost as soon as it’s read. 🟠Reporting and analytics: What do you know about how freelancers are utilized in your business? Can you even say how many freelancers you work with, what their skills are, or (yikes) if they are compliantly working for the organization? 💻 🛡 Powered by V3V Ventures
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🔺 Common Milestone Payments for Independent Contractors #Freelance 🔹 Milestone payments are a smart way of breaking down the work that you source from independent contractors, and adding clarity, trust and communication to your relationship.  There are many different ways to structure or set up milestone payments. Here are some of the most common: 👨‍💻 Deposit or up-front payment Especially for a high value project, an independent contractor may need to ask for a percentage of the payment up front. This may cover expenses such as laying out for equipment, or could be to pay subcontractors that they need to source to begin the task. 👨‍💻 On schedule for large-scale project If a project is going to last for many months, or if it will be worth a large sum of money, milestones can be set up at a regular cadence. This approach is useful if you’re paying your independent contractors an hourly rate. For a project price, it makes more sense to establish specific deliverables or milestones ahead of time, and how much each will be worth in terms of payment. These could be: Deposit: A set percentage ahead of time for upfront costs or to show goodwill.  Presentation: A payment on presenting initial concepts, strategy, or outline. Delivery: The majority of the funds, on receipt of the completed project.  Additional: Any additional payments for editing, expanded scope, or expenses 👨‍💻 Long-term contract for repeated work In some cases, you will sign a long-term contract with an independent freelancer for repeated work for your company. 💻 🛡 Powered by V3V Ventures
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🔺 Completing a Skills Gap Assessment? Here’s What You Need to Know #Freelance 🔹 A skills gap assessment is a formal way to uncover exactly which skills are missing in your organization, and what gaps you’ll be facing over the next few years. Instead of each manager recognizing what talent gaps they have in their department in silos, or relying on subjective opinions, a skills gap assessment underlines exactly what new hires you need to be making, and what areas you need specific talent. 🔹 Analyzing skills gaps is critical for enterprises because ignoring them can directly harm business outcomes. Without the right skilled employees, companies can face issues like poor customer service, delayed product development, and increased security risks. 🔹 There is a set process to follow when conducting a skills gap assessment, which can help you uncover and address needed talent and close the gaps ahead of time, before you see the impact on business metrics. Each business may need to tweak the process to fit their specific organizational context, but generally speaking you will need to go through these stages: 1️⃣ Identifying Business Goals and Objectives: What is on the roadmap for the next 12-18 months? For example, you may be planning to launch a new app, open a bricks and mortar store, move into leveraging AI, or land in a new geographic footprint. 2️⃣ Defining Required Skills and Competencies: To meet these goals, what skills and competencies will be needed? A new location might require native speakers or those who understand the culture. 3️⃣ Assessing Current Workforce Skills: Before you jump to hire, what skills do you already have in-house or in your existing talent pool? 4️⃣ Analyzing Data and Identifying Gaps:With a list of needed skills, and a list of available talent — you have everything you need to identify skills gaps. 5️⃣ Develop a Plan to Address Skills Gaps: Once you know what skills gaps you have, it’s time to fill them ahead of time. 6️⃣ Implement and Monitor the Plan: Now’s the time to fill those gaps! Using your roadmap, identify when you will need talent onboarded, and create a plan to fill roles ahead of time. 💻 🛡 Powered by V3V Ventures
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👤 5 Ways IT & Tech Companies Approach Finding Talent #Freelance 🔹 Despite significant layoffs, almost 90% of tech leaders say that recruiting and retaining talent is a moderate to significant challenge. With highly technical roles harder than ever to fill, many companies are turning to freelancers to fill what were previously employee-shaped skills gaps. Here are five strategies for getting started:  🔹 Leveraging Professional Networks Professional networks can be a great first step in sourcing exceptional talent. These could be on or offline, and be networks you’re already a part of, or those you need to reach out and join. 🔹 Engaging with Educational Institutions While a lot of fresh skills are evolving too fast to depend on graduates alone, being able to tap university leavers who are looking for graduate roles is an important part of a talent acquisition strategy. 🔹 Utilizing Social Media and Digital Platforms You never know who you’re already connected to until you reach out! Especially when it comes to freelance talent, the online world offers huge opportunities in talent sourcing. 🔹 Embracing Remote Work Broadening your talent acquisition strategy to fill skills gaps more easily also involves a change in mindset. Instead of thinking about the perfect talent that works within an hour of your office, think about the perfect talent — period. 🔹 Adopting Innovative Recruitment Technologies like Fiverr Enterprise Many companies are nervous about turning to freelancers because they simply don’t have the processes or systems in place to make it work. 💻 🛡 Powered
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🟢 7 Considerations for Choosing the Right Freelance Management Solution #Freelance 1️⃣ Don’t ignore compliance regulations Tax and legal compliance doesn’t have to be a headache when you have automation on your side. Look for a FMS that automated all the collection of relevant documentation, and validates that your freelancers align with both your internal governance, and wider industry-specific regulations. 2️⃣ Broaden your sourcing channels Finding the right freelancers is half of the job done. Many FMS technologies jump in to manage existing talent, but don’t help you find, vet and onboard skilled freelancers to start with. This is the equivalent of entering the playing field at half time. 3️⃣ Sidestep staffing agencies Spoiler alert: those staffing agencies are slowing you down. The best freelance talent doesn’t need a middleman to help them find work, and they don’t usually engage with staffing agencies or Managed Service Providers. 4️⃣ Consider integrations Let’s face it, your technology stack is higher than the to-be-read pile on your bedside table. The right FMS will seamlessly integrate alongside the rest of your organization’s systems and processes, and play nicely with everything from project management tools, to communication apps and payment systems. 5️⃣ What’s the cost? Not all freelancer management systems will take the same hit on your bottom line. Some will charge a flat fee for using the system, or per freelancer. Others will charge a percentage of what the freelancers are earning each month. 6️⃣ Remove any stumbling blocks to relationship building If you click with a freelancer, and want to continue working with them on additional projects, it can be a real hurdle if you can’t work with them off the platform. That’s why the best FMS will allow you to retain foundational ownership over the relationship. 7️⃣ Believe the crowd Like with any important purchase, impulse buying is not your friend. Scour industry forums for reviews and information about your shortlist of FMS vendors, and look in particular for the features and capabilities that are important to your business. 💻 🛡Powered by V3V Ventures
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🔺 What Are Workforce Planning Tools? #Freelance 🔹 How healthy is your workforce? That’s a question that any enterprise should be able to answer — and yet, short of giving the business a cardiac stress test, it’s not always easy to get a complete view. Workforce planning tools help a business to understand the current and future health of the company across a wide range of parameters, including skills gaps analysis, scenario planning, and budgeting.  🔺 Types of Workforce Planning Tools Before you make a technology purchase, it’s critical to think about what you need. Here are some of the most common workforce planning tools on the marke: 🔹 Analytical Tools: Giving you greater insight into your existing workforce, these platforms collect, analyze and report on worker data, with the goal of increasing engagement and boosting productivity. 🔹 Forecasting Software: What will your workforce look like tomorrow? How many people will you need to meet demand? 🔹 Skills Gap Analysis Tools: Skills gap analysis is less about how many, and more about what skills. 🔹 Scenario Planning Tools: Every business has what’s known as “critical uncertainties”. Scenario planning helps provide a path for any situation, estimating resource needs, training requirements, and establishing policies and strategies to follow as a situation emerges.  🔹 Integrated HR Suites: In some cases, your existing HR suite will include workforce planning technology. 💻 🛡Powered by V3V Ventures
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🔺 How to Structure Consultant Contract Templates #Freelance 🔹 A consulting contract template is a document that you can use every time you enter into an agreement with a new freelancer, consultant, or independent contractor. 🔹 You can take some time to think about what elements you may need in your consultant contract template, as every business will have its own requirements. However, here are 11 elements that will usually be included: 🔹 Introduction: Lay out what the document is for, and that it will outline the professional relationship between both parties, the business and the freelancer.  🔹 Scope of consulting services: Outline the project guidelines, which will vary from engagement to engagement. 🔹 Consultant’s status: Make clear that the consultant will be working in a freelance capacity, and that you are not considered their employer for the duration of the relationship. 🔹 Compensation and payment terms: If you have company policies about payments, write them here. 🔹 Terms of work: What are the terms between your business and the freelancer? 🔹 Confidentiality: Especially in industries with high regulatory demands, adding a confidentiality clause can be useful. 🔹 Intellectual property rights: As the worker is not an employee, include a clause in the contract where you can agree that all work created belongs to the business. 🔹 Termination of agreement: You can also include reasons why the agreement may be terminated before the agreed date, such as negligence or failure to submit work on time.  🔹 Legal and regulatory compliance: Consider what elements need to be included in this section, from indemnification for the contractor, to a written clarification that the business will not be responsible for employer taxes or employee benefits. 🔹 Dispute resolution: If a dispute arises between the two parties, where will the disagreement be taken to for resolution? 🔹 Signatures: Of course, any contract needs to be signed before it can become a legal document. 💻 🛡Powered by V3V Ventures
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💻 Steps for Building & Managing a Successful Software Development Team with On-Demand Talent #Freelance 🔹 Fiverr Enterprise provides an IT talent pool, curated especially for you – one place where you can gain instant access to your own carefully vetted Dev & IT talent, that’s ready-to-hire and able to meet your business requirements. Hire any tech expertise, eliminate resource uncertainty, reduce hiring costs and maintain a consistent and quality workforce. Our SaaS solution enables you to confidently take on more projects, knowing you have a dedicated talent pool that’s always available.  The process is simple:  🔹 Step One: Post a job requirement in response to an immediate need.  🔹 Step Two: We will provide you with 2-6 pre-vetted candidates in no longer than 48 hours. You can interview 2 or 3 to narrow down the search.  🔹 Step Three: Onboard your preferred candidate with automated workflows, and let them get to work immediately.  🔹 A Freelancer Management System (FMS) addresses all three of IT companies’ most common fears around working with freelancers, allowing you to achieve: 🔹 Speed: Hire any tech expertise, fast  🔹 Cost: Reduce bench spend & stay within your budget 🔹 Quality: Get access to a global, vetted talent pool  💻 🛡Powered by V3V Ventures
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😵‍💫 7 Remote Workforce Trends to Watch & Leverage in Your Organization #Freelance 😑 Your remote workforce is any workers who do not do their job from a specific office space. This could be employees who work primarily from home, or it could be freelancers and consultants that work for themselves — and onboard your business as a client.  With remote work front and center, here’s what you need to know to keep your enterprise on the forefront of labor trends this year: 😑Increased Adoption of Hybrid Work Models: For many, embracing a remote working strategy doesn’t mean throwing away the office keys for good. Hybrid work models could mean that you allow employees a certain number of days to work from home, 😑Advancements in Remote Work Technology: Technology has made it easier than ever to embrace remote work. 😑Rise of Digital Nomadism: Remember that remote work doesn’t mean you can call workers into the office on demand, and in fact — many of your workers might decide to work agnostically, living in different countries or regions for long stretches of time. 😑Cybersecurity Measures for Remote Work: It’s important to think about how you will secure a network that suddenly includes many more devices and locations. 😑Remote Work for Non-Traditional Roles: As the door is open for remote work, you can start thinking about allowing freelance talent or a remote workforce to handle even non-traditional roles within the organization. 😑Employee Monitoring and Productivity Tracking: What’s the ethical balance for monitoring efficiency and productivity of employees and freelancers working remotely? It’s a difficult question, and no surprise to see it under the spotlight. 😑Freelancer Management Systems (FMS) & Freelance Platforms Gain Traction: One of the hardest challenges for today’s enterprises when it comes to remote work is how to find freelancers, and how to manage and pay them accurately and with visibility. 💻 🛡Powered by V3V Ventures
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🔺 10 Ways to Improve Engagement for Remote Employees #Freelance ➡️ Remote employee engagement refers to the level of commitment, enthusiasm, and loyalty a remote worker feels towards their job and company from a distance. Here are some of the ways that organizations can improve remote employee engagement: 🔹 Create a Remote Onboarding Experience: The remote onboarding experience helps integrate new hires into the company culture and set them up for success. 🔹 Set Clear Expectations: Ensure that remote employees understand their roles, responsibilities, and the goals they need to achieve. 🔹 Maintain Effective Communication: Establish regular check-ins and communication channels that keep remote workers informed and connected. 🔹 Flexible Work Policies: Flexible work policies allow employees to choose when and where they work. 🔹 Conduct Virtual Team Building Activities: Virtual team building involves creating a cohesive and collaborative remote work environment. 🔹 Recognize Employee Contributions: Implement recognition programs that highlight individual and team achievements on a regular basis. 🔹 Provide the Right Tools: Essential tools include reliable communication platforms, project management software, and secure file-sharing services. 🔹 Encourage Company-Wide Remote Policies: To foster an inclusive and supportive remote work environment, implement company-wide remote policies that encompass aspects such as flexible working hours, mental health support, and access to necessary technology. 🔹 Create Opportunities for Career Growth: Provide access to training and development programs that allow workers to acquire new skills and advance their careers within the company. 🔹 Offer Gamification: Gamification introduces an element of fun and competition into the workplace, engaging remote employees in an interactive way. 💻 🛡Powered by V3V Ventures
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🔘 6 Crucial Steps to Hire a Successful Marketing Team #Freelance ✨ Building an effective marketing team is crucial for any organization aiming to enhance its brand presence and drive sales. When building a marketing team, organizations should consider the following steps: 🔴 Define the Structure of the Team: For smaller businesses or startups, a lean team with versatile members capable of handling multiple aspects of marketing might be appropriate. 🔴 Identify the Roles for Hiring: Start by assessing the current marketing goals and strategies to determine what expertise is required to achieve them. 🔴 Define the Marketing Skills for Each Role: Identify the key skills for each role to create targeted job descriptions that attract suitable candidates: 🔴 Find Marketing Candidates: When sourcing candidates for your marketing team, consider both freelancer platforms and traditional hiring methods for in-house employees. 🔴 Evaluate Candidates’ Marketing Skills: Evaluating freelancers is easy and low-risk. Start by reviewing portfolios to assess the quality and relevance of their work to your needs. 🔴 Hire and Onboard New Employees: The onboarding process varies significantly between freelancers and in-house employees. 💻 🛡Powered by V3V Ventures
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💻 Talent Management Practices Worth Knowing When Working with Freelancers #Freelance 🔻Talent management is the way that organizations recruit and develop their workforce, keeping what is arguably their most important asset, the people, feeling happy and nourished. Why is Talent Management So Important? Keeping employees engaged and happy in their roles is an important part of running a business. Each business will have their own goals that will go into creating their talent management strategy. Some examples of key objectives of talent management practices include:  🔹 Encouraging a strong workplace culture: Workers want to feel that they are part of a larger whole. 🔹 Providing L&D opportunities: For today's workers, job growth is more important than pay. 🔹 Job satisfaction: Are workers happy with their roles, and do they feel that they are using their strengths and being appreciated? 🔹 Compensation and benefits: Creating packages that work for different kinds of workers is a key objective of many talent management programs. 💻 🛡Powered by V3V Ventures
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🔻 Future of Talent Management: 7 Trends You Can’t Afford to Ignore #Freelance 🔸 Talent management refers to the approach organizations use to attract, develop, motivate, and retain high-performing employees. It covers a range of human resource practices, including recruitment, onboarding, performance management, training and development, succession planning, and compensation strategies. Here are some of the emerging trends that will likely shape the future of talent management. 🔺 Talent Ecosystems and Freelance Networks: Talent ecosystems and freelance networks offer a flexible, scalable approach to workforce management, enabling companies to tap into a global pool of freelancers for specific projects or skill needs 🔺 Remote Work Optimization: Remote work optimization involves creating an environment where remote employees can thrive, emphasizing the importance of technology, communication, and a strong organizational culture. 🔺 Data-Driven Decision Making: Data-driven decisions in talent management leverage analytics and insights from various data sources to guide strategic decisions about workforce planning, recruitment, development, and retention. 🔺 Diversity, Equity, and Inclusion (DEI): Diversity, equity, and inclusion (DEI) initiatives focus on creating a workplace environment where diverse perspectives are valued, and all employees have equitable opportunities to succeed. 🔺 Employee Well-Being and Mental Health: Organizations now recognize that employee performance is intrinsically linked to mental health and overall well-being. 🔺 Personalized Learning Paths: Learning path personalization focuses on customizing development initiatives to align with individual career aspirations and organizational needs. 🔺 Gamified Assessment for Learning and Development: By incorporating game mechanics into assessment tools, companies can enhance the learning experience, making it more engaging and enjoyable for employees. 💻 🛡Powered by V3V Ventures
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🔸 What Are Global Payroll Providers and some Key Features of Global Payroll Providers  #Freelance 🔻 Global payroll providers are specialized entities that offer payroll services across multiple countries. They handle the complexities of managing payroll for employees spread out over various jurisdictions, each with its own set of regulations, currencies, and tax systems. A global payroll provider should offer the following capabilities: 🔹 Multi-country compliance: Ensures that companies adhere to the varied and complex labor laws, tax regulations, and reporting requirements across different countries. 🔹 Currency and exchange management: Addresses the challenges of dealing with multiple currencies across different countries. 🔹 Consolidated reporting: Simplifies the management and analysis of payroll data across multiple countries. 🔹 Payroll automation: Automates repetitive tasks such as data entry, calculations, and the distribution of payslips, reducing the scope for human error and freeing up valuable time for HR professionals. 🔹 Tax filing assistance: Aids organizations in accurately calculating, reporting, and submitting employee taxes to the appropriate local authorities. 💻 🛡Powered by V3V Ventures
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💻 Pros and Cons of Vendor Management Systems #Freelance 🔺 Vendor management systems support the entire procurement lifecycle of a vendor from defining a project, distributing requirements to potential suppliers, approving payment milestones, and reporting spend and compliance. Using a vendor management system offers the following benefits: 🔻 Centralized vendor database 🔻 Cost reduction 🔻 Reduced administrative overhead 🔻 Improved efficiency Central visibility While vendor management systems are still useful, they have several disadvantages in a modern workforce environment: 🔻 Complex implementation 🔻 Consultants and knowledge workers 🔻 Suited to traditional procurement processes 🔻 Does not support business agility 🔻 Does not support relationships with contingent workers 💻 🛡Powered by V3V Ventures
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💻 The benefits of a strong workforce management strategy #Freelance 🔹There are many reasons why payroll managers are looking to work with a non-traditional talent pool, and therefore why they need a strong workforce management strategy that includes freelancers and independent contractors. Here are 5 of our favorites: 🔺Filling the skills gap: 61% of businesses lack the people or the skills to complete all of the work that's currently on their plates. 🔺Time to value: What's your standard time to hire? According to recent data from LinkedIn, in high-tech, the median time to hire for highly-skilled roles might shock you. In Engineering, it's 49 days, while even the lowest end of the scale is administrative roles which take 33 days to fill. 🔺Access to remote talent: Newsflash: not everyone works in Silicon Valley. If your business isn't in an "up and coming" area, it can be tough to get the right candidates to sign on the dotted line, not without a huge monetary incentive anyway. 🔺Greater agility: A strong external workforce gives you a lot more flexibility than a traditional on-payroll staff. 🔺Reduced ongoing costs: Think about the cloud model of OpEx vs CapEx. That's exactly the benefit you get from leaning on a freelance talent base. 💻 🛡Powered by V3V Ventures
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🔻 Tax Tips Every Freelancer Should Know #Freelancetips 🔻 One huge element of being a freelancer is understanding taxation, and as a business that works with freelance talent, it’s worth giving yourself a quick refresher on some tax tips. 1️⃣Set aside a percentage of your earnings: Don’t wait for tax season to roll around, regularly set aside between 25-30% of your earnings and put it in a specific account. 2️⃣Mark the calendar: April 15th is the deadline for filing taxes as a freelancer or independent contractor. 3️⃣Mark the calendar again: January 15th, June 15th and September 15th are the extra dates to keep track of if you’re filing quarterly, or filing estimated taxes. 4️⃣$400 is the magic number: No matter your expenses, if freelancers earn more than $400 a year, you need to file and pay taxes. Remember, you may still need to file if you make less than this amount. 5️⃣$600+? It’s 1099 time: Each client that pays out more than $600 will need to provide a 1099-MISC or a 1099-NEC form. 6️⃣Fill in the W9: To make things easier, insist that your agency or client gets you to fill in a W9, which will give them critical information needed for the 1099 forms. 7️⃣Keep an eye on the future: Freelancers aren’t given any benefits, which includes pension or planning for retirement. Take it into your own hands by opening a SEP IRA. 💻 🛡Powered by V3V Ventures
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🫥 What is Global Payroll? #Freelance 👍Global payroll management involves the comprehensive administration of an organization's worldwide workforce compensation, including calculating earnings, handling tax withholdings, managing expenses, tracking benefits and bonuses, recording work hours and leave, ensuring compliance with relevant labor laws, and accurately processing timely payments. 👍How does global payroll work? Implementing a global payroll strategy involves centralizing worker data and establishing a process to pay all employees on time. Organizations can outsource global payroll to third-party providers like Employer of Record or Professional Employer Organization services, or manage it in-house, which requires ensuring legal compliance, centralizing the payroll process, and understanding cultural norms, benefits, and regulations in each region where the company operates. 👍Benefits of global payroll? 🔵Better visibility 🔵Compliance 🔵On-time payments 🔵Increased productivity 👍Of course, setting a centralized process for global payroll doesn’t come without challenges. You’ll want to decide how to set compensation for remote workers and freelancers who live and work in regions with totally different salary expectations. You’ll need to think about your model for onboarding a global workforce, whether it’s compliantly hiring employees in another country, or utilizing a freelancer model while being safe and lawful with employee classification. You’ll also need to consider tax management for employees, including withholding correctly, filing the right documentation, and understanding differences between regions.  💻 🛡Powered by V3V Ventures
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🔵 5 Effective Talent Acquisition Strategies  #Freelance 🔹 Here are a few common ways companies ensure they acquire the talent they need. Many companies combine two or more of these strategies. 🔺 Talent Forecasting: Talent forecasting is a strategic approach that involves predicting an organization’s future hiring needs based on business and workforce data. 🔺 Talent Pipelining: Talent pipelining refers to the process of building a continuous stream of potential candidates before they are actually needed. 🔺 Skills-Based Hiring: Skills-based hiring focuses on the specific skills and competencies of candidates rather than solely on their educational background or work experience. 🔺 Employer Branding: Employer branding is the strategy of promoting a company as the employer of choice to a desired target group, one which a company needs and wants to recruit and retain. 🔺 Talent Analytics: Talent analytics involves the use of data analysis techniques to make informed decisions about various aspects of the talent acquisition process. 💻 🛡Powered
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📱 What’s Included in a Freelance Invoice Template, and Do I Need to Offer One? #Freelance ⏺The invoicing process differs for employees on a monthly payroll, who receive a set salary through the company's payroll, versus freelancers, who use their own invoices to request payment after completing projects, which can involve upfront payments, multiple invoices, and variable amounts based on the work done. Each business varies in their needs, but to start with, make sure to include: Freelancer’s Contact Information: How will you reach out to the freelancer if you have any questions about the invoice? ⏺Client’s Contact Information: Add your own contact information, ⏺Invoice Number and Date: Each invoice should be unique, and an invoice number helps make this happen. ⏺Description of Services Rendered: What did the freelancer do for your business? ⏺Itemized List of Charges: The same is true for the amount of money being requested. ⏺Total Amount Due: Make sure your freelancer has a place to mark the amount they are asking for, in total. ⏺Payment Terms and Due Date: How would the freelancer like to be paid, and by when? ⏺Accepted Payment Methods: What payment methods do you offer? ⏺Additional Notes or Terms: Here’s where you can add anything you think the freelancer needs to know ahead of sending their invoice. 💻 🛡Powered by V3V Ventures
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🟡 8 Ways to Effectively Manage Your Talent Bench #Freelancetips 🗣 A talent bench refers to a pool of employees who have been identified as potential candidates to fill key leadership and critical roles within an organization both now and in the future. Below are 8 tips to help you navigate the challenges of talent bench management. 1️⃣Identify Critical Roles. Begin by identifying the key leadership and critical roles within your organization. 2️⃣Use a Comprehensive Identification Process. Develop a rigorous identification process to assess the potential of employees to fill these critical roles. 3️⃣Develop Tailored Development Plans. Create personalized development plans to nurture their skills and prepare them for future leadership roles. 4️⃣Incorporate a Variety of Development Opportunities. Offer different types of development opportunities, such as mentoring, coaching, training programs, and job rotations. 5️⃣Monitor Progress and Provide Feedback. Take time to review the progress of individuals on your talent bench and provide feedback to help them improve and grow. 6️⃣Communicate Openly and Transparently. Communication is key! It’s super critical to maintain open lines of communication with your talent bench to keep them informed about their progress, opportunities for advancement, and organizational changes. 7️⃣Plan for Retention. Implement retention strategies to ensure that top talent remains engaged and committed to the organization. 8️⃣Evaluate and Adjust Your Strategy Regularly. Regularly evaluate the effectiveness of your talent bench strategy and make adjustments as needed based on changing business needs, market dynamics, and feedback from stakeholders. 💻 🛡Powered by V3V Ventures
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🔹 6 Tips for Building a Successful Talent Acquisition Strategy  #Freelancetips 🔸 A talent acquisition strategy is a plan designed to help organizations identify, attract, and hire top talent for their needs. Here are some recommendations for establishing an effective talent acquisition strategy: 1️⃣ Assess Your Current and Future Needs. Analyze your current workforce’s skills, gaps, and potential retirements to align HR strategies with business objectives. 2️⃣ Build Your Employer Brand. A compelling employer brand is crucial for attracting top talent. 3️⃣ Leverage Targeted Sourcing. Targeted sourcing involves identifying and attracting candidates from specific talent pools that align closely with the company’s requirements 4️⃣ Consider Freelancers and Flexible Work. Incorporating freelancers and offering flexible work arrangements can significantly enhance a company’s talent acquisition strategy 5️⃣ Establish an Effective Screening Process. An effective screening process is vital to identify the best candidates from a pool of prospects 6️⃣ Improve the Candidate Experience. A positive candidate experience helps reinforce the employer brand and attract top talent 💻 🛡Powered by V3V Ventures
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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. 💻 🛡Powered
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