Contracting advantages

This article examines the advantages of using freelance contractors over employees.

Advantages
In general, the advantages of using freelance staff are to lower the risk to your projects. These are the specific areas of risk reduction:
 * Lower cost
 * Greater experience
 * Professional attitude
 * Greater flexibility
 * Easier termination

Lower cost
At first glance, contractor fees seem much higher than the costs of employing additional staff members to do the work. However, many of the costs of employees are hidden. Some of these costs depend on the national tax laws and may vary around the world.

In the UK, an employer has to pay National Insurance contributions (NIC) for each employee. To calculate the NIC,

When to use contractors

 * Recruiting shortages
 * On losing key staff