Independent contractors may feel that they do not have much negotiating power. They are told what the hourly rate is and the number of hours expected and they feel that there is not much, if anything, to negotiate. They also have the notion that if they don’t agree to the terms, someone else will and they will lose the business. Nevertheless, I believe that everything is negotiable. Here are some tips to consider when trying to negotiate the best deal for your independent contractor assignment.
Everything is Negotiable.
Although at first glance it may look as though you do not have much leverage in negotiating; look again. Although it is understandable that each company has its own rates or standards and is reluctant to make changes to those rates, try to determine what can be negotiated before you accept an assignment.
A. Hourly rate.
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