0
How can a company like velocity express legally skim ten per cent off the top of each independent contractors' paycheck week after week?
Wiki User
∙ 16y ago
As an independent contractor you work for yourself. You are free to contract with Velocity Express or any other company. How you structure that contract is between you and that company. If you feel something is unfair you should renegotiate or contract with someone else. It sounds like they asked you to sign a standard agreement but keep in mind you are free to ask for changes.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Where do you find positive and negative numbers in finance?
In a company balance sheet.In a company balance sheet.In a company balance sheet.In a company balance sheet.
Who owns the American Chicle Company?
The American Chicle Company is owned by the Warner-Lambert Company
What is the statistics are used as a way to make an educated guess about the relationship between the independent variable and the dependent variable?
This is a rather confused question.The first issue is the assumption that there is an independent variable and a dependent variable. If your data comprise measurements of the height and mass (weight) of school children, which one is the independent variable? The answer is: neither. It is most likely to be age.A second issue is the very serious danger of confusing correlation with causality. Yes, statistics may show high correlation but that does not imply causality. A simplistic example from economics: correlation between companies with large profits and large investment in machinery. Profitability is required to enable the company to finance investment. Proper investment helps the company become more competitive and so generate more profits.Finally, consider the two variables X and Y. X is uniform on the interval [-p, p]; Y = X^2. The regression coefficient between X and Y is 0 but the relationship is far from non-existent. You need some educated guesses to find the correct statistics to make educated guesses!
What company logo has 2 X's?
Dos Equis, its a beer company.
What does it mean to bond a company?
This is one type of bonding of a contracting company, but it will give you some idea as to why companies have a bond. hat should I consider when choosing a surety bonding? What should I consider when choosing a surety bonding company? Company? Posted On: Wednesday January 28th, 2004 at 12:00am EST SUMMARY A surety bond is a guarantee from a surety bonding agency that a contractor will complete an agreement; you will not be liable if the contractor does not complete the agreement. When choosing a surety bonding company, you need to take into consideration its reputation, experience and bonding process. What should I consider when choosing a surety bonding company? A surety bond is a three-party agreement between a surety company, an owner (obligee) and a principle (contractor). In this type of bond, the surety company insures the obligee that the principle will fulfill a contract. When a surety bond is used in the construction industry, it is called a contract surety bond. Business owners acquire surety bonds because they want to be sure that a contract is going to manage his enterprise well, deal fairly, perform obligations in a timely manner and keep promises. Business owners also pursue surety bonds because they provide protection in case the contractor defaults on the contract. Surety bonding is considered a part of the insurance industry, but it shares some characteristics with the bank credit industry. However, the surety company's primary duty is not to lend the contractor money. Instead, the surety company uses its financial resources to stand behind, or back, the contractor's commitment and ability to complete a contract. The surety bond is advantageous for the business owner because it assures that the contracted work will be completed, and protection will be provided if it is not. Surety bond companies charge a premium for prequalifying or underwriting the contractor. Unlike insurance companies, surety companies do not charge deductibles based on the probability of loss, because surety companies do not expect a loss to occur. Surety bonding companies do extensive research on the contractors that they bond. They request a list of good references from the contractor, as well as proof that the contractor has experience fulfilling the requirements of contracts. Surety bond companies will also evaluate a contractor's ability to obtain equipment necessary to carry out work, the contractor's financial ability to hire necessary employees, the contractor's credit history and the contractor's current bank relationships and lines of credit. Having this information will allows you, as a business owner, to make a good decision in hiring a contractor. A surety bond will also help convince architects, lenders and other principles on the project that the chosen contractor will complete the duties and contracts as assigned. Because the surety bonding company plays such an important role in assuring that your contractor will complete his contract, it is important to carefully consider what bonding company you will choose. If you have never used a surety bonding company before, it will probably be a good idea to find other small business owners in your area who have used surety bonding companies and ask them who they recommend and why. Make a list of these names and do your own 'research'-find out what contractors they bond, and track down other businesspersons who have used their services. After compiling a list of potential surety bonding companies, you will want to check with the U.S. Treasury Department or similar agency in your state to assure that the agencies are licensed for bonding. Some bonding agencies are contained within larger insurance agencies, so you will also want to find out if they have an agent to handle surety bonds specifically or if they use any agent available to draft surety bonds. It is also important to ask your surety bonding agency what screening they perform on contractors. Do they conduct background checks? Do they gather business reference? What is the upper monetary limit of their bonding services? How long have they been in the bonding business? What are their policies if contractors default on an agreement? Are they registered with the state Insurance authorities and/or the federal Treasury Department? The surety company is the primary risk-taker in the three-way bonding agreement, and so will want to thoroughly investigate your business plans and information about your business before bonding a contractor to do work with you. It is important to provide as much information as you can to the surety agency so they can properly underwrite the contractor and make sure you are protected from liability in case the contractor defaults on your agreement. A good surety bonding agency will charge a premium for underwriting your contractor and project, and will publish what their premium rates are. If a surety company does not publish their premiums or rates, you should contact your state's Insurance office to assure that they are licensed and comply with all state and federal regulations. Perhaps the most important thing to remember when choosing a surety bonding company is ensuring that you have open lines of communication. You need to choose a surety bonding agent you can talk to about your business concerns-and the bonding agent needs to be able to listen to you, and address your concerns to your satisfaction. Again, other businesspersons will likely be very useful to you in your bonding agency search. You may also want to ask contractors who have submitted bids to you what surety bonding agencies they have used in the past.
Can independent contractors be covered under a company general liability policy while performing their services?
It depends on the wording/coverages of the contractors policy.
What is the population of Consolidated Contractors Company?
The population of Consolidated Contractors Company is 170,000.
What is Consolidated Contractors Company's population?
Consolidated Contractors Company's population is 2,009.
When was Consolidated Contractors Company created?
Consolidated Contractors Company was created in 1952.
How do I hire a Duro-Last Roofing contractor?
The Duro-Last Roofing company supplies independent contractors with its product. You can contact the Duro-Last Roofing company through their website (http://www.duro-last.com/generalContent/contacts.asp) for a list of authorized contractors, or to put your preferred contractor in touch with the company.
Your roommate is independent contractor who receives her clients and paycheck through another company should she be reimbursed for her time during travel as well as mileage between clients?
No, not if she's and "independent" contractor, the company just gets clients for her and takes their cut of her pay.
Do IT managers get paid vacations?
As exempt employees of the company, paid vacation would normally be part of their compensation; however if they were working in the position as independent contractors, no paid vacation is not available to them.
How is outsource software development acquired?
It depends on the company and the kind of project that needs outsourcing. One can locate independent contractors or other companies that specialize in the kind of software by searching company website or sites like Indeed or LinkedIn.
What if your paycheck is always late?
the company may not be real the company may not be real
Brickstone Construction Company?
Stamped Concrete Contractors
When was Independent Company created?
Independent Company was created in 1940.
Can you withhold employee paycheck until they return company property?
No
