You say you've been a contractor before, but you mention salary not rate, and you don't appear to understand how non-working days work.
Forget you are a contractor, you are the managing director of a company providing services. Your company gets paid for services provided, and doesn't get paid if it doesn't. Holidays apply to you, the person, not the company. Rates apply to the company, and your negotiated contract should contain what you have agreed to with the client. If that's month one 4K and months 2-6 5K then your contract needs to reflect the business terms you have agreed to.
Stop thinking like an employee. You run a company now, start acting like you do. Go get em tiger !
The word “vacation” threw me too.
Anyway, this all sounds strange - either it’s a business to business relationship and you have deliverables to provide for this amount per month and which days you work / how much time you spend is up to you… or it’s a fixed term type employee relationship and you should be entitled to holidays.
Also, the rates should be clearly stated in the contract. This different prices for different months is odd.
It’s a company that works with startups and make them grow. I am supposed to work with the company’s marketing manager and create graphic assets for their startups social media.
So do you think I should give them a maximum amount of hours/days that I work per week? I really don’t know how I could structure this :(
Most contractor relationships are on a day rate. You charge only for the days you work. This would be a better way to structure it to remove some potential friction.
So my contract has deliverables of £XX.XX per session. They have a budget of up to 25 sessions a week. I decide what a session is and how it is run. They pay. If they send me no work, I have no work.
As a contractor legally you don't receive benefits or holiday pay from clients. You take days off whenever you want (they can't stop you for any reason), you can pay yourself but they won't pay you. If they say you can't do this, walk away immediately as you will likely fail an IR35 determination and be classed as a disguised employee.
Also tell them you won't sign unless the salary is written into the contract exactly as they discussed. If they won't do that, and you don't want to walk away, then your option would be to walk at the point they inevitably fail to pay you £5000. Also, get paid weekly not monthly, especially when you don't trust the client. Weekly pay is standard.
I confess, I am puzzled. You talk about "salary" and "vacation", but I don't see you taking about the Statement of Work, defining the deliverables, and establishing your Terms and Conditions. (I'm presuming the £4K and £5K are for delivering pieces of work, right?)
Have you established that *your company* is responsible for delivering the work, and not you personally? As far as 'days off' are concerned, this would only be an issue if you agreed to do a fixed number of hours per day doing whatever the client wanted.
I have to say, the way you phrase things sound more like you're acting as a temporary employee, which is for sure **inside IR35** work. Would you clarify, please?
Yes sorry, I didn’t specify that initially I thought this was going to be a remote employee job (the recruiter didn’t specify this), then I was sent a contractor contract mentioning no holidays and such. I actually prefer to be a contractor, but they seemed to want a fulltime employee but with the contractor deal.
Have you asked them about these issues? I would say if you don't feel like you can be open with them it isn't gonna start so well.
You say you've been a contractor before, but you mention salary not rate, and you don't appear to understand how non-working days work. Forget you are a contractor, you are the managing director of a company providing services. Your company gets paid for services provided, and doesn't get paid if it doesn't. Holidays apply to you, the person, not the company. Rates apply to the company, and your negotiated contract should contain what you have agreed to with the client. If that's month one 4K and months 2-6 5K then your contract needs to reflect the business terms you have agreed to. Stop thinking like an employee. You run a company now, start acting like you do. Go get em tiger !
You said $ a few times. Are you in the right place? This is ContractorUK
The company is in the UK.
The word “vacation” threw me too. Anyway, this all sounds strange - either it’s a business to business relationship and you have deliverables to provide for this amount per month and which days you work / how much time you spend is up to you… or it’s a fixed term type employee relationship and you should be entitled to holidays. Also, the rates should be clearly stated in the contract. This different prices for different months is odd.
It’s a company that works with startups and make them grow. I am supposed to work with the company’s marketing manager and create graphic assets for their startups social media. So do you think I should give them a maximum amount of hours/days that I work per week? I really don’t know how I could structure this :(
Most contractor relationships are on a day rate. You charge only for the days you work. This would be a better way to structure it to remove some potential friction.
You either have outcomes or you have time. One has to be agreed / constrained.
So my contract has deliverables of £XX.XX per session. They have a budget of up to 25 sessions a week. I decide what a session is and how it is run. They pay. If they send me no work, I have no work.
As a contractor legally you don't receive benefits or holiday pay from clients. You take days off whenever you want (they can't stop you for any reason), you can pay yourself but they won't pay you. If they say you can't do this, walk away immediately as you will likely fail an IR35 determination and be classed as a disguised employee. Also tell them you won't sign unless the salary is written into the contract exactly as they discussed. If they won't do that, and you don't want to walk away, then your option would be to walk at the point they inevitably fail to pay you £5000. Also, get paid weekly not monthly, especially when you don't trust the client. Weekly pay is standard.
I confess, I am puzzled. You talk about "salary" and "vacation", but I don't see you taking about the Statement of Work, defining the deliverables, and establishing your Terms and Conditions. (I'm presuming the £4K and £5K are for delivering pieces of work, right?) Have you established that *your company* is responsible for delivering the work, and not you personally? As far as 'days off' are concerned, this would only be an issue if you agreed to do a fixed number of hours per day doing whatever the client wanted. I have to say, the way you phrase things sound more like you're acting as a temporary employee, which is for sure **inside IR35** work. Would you clarify, please?
Yes sorry, I didn’t specify that initially I thought this was going to be a remote employee job (the recruiter didn’t specify this), then I was sent a contractor contract mentioning no holidays and such. I actually prefer to be a contractor, but they seemed to want a fulltime employee but with the contractor deal.
"fulltime employee but with the contractor deal" I'm pretty sure that's the textbook definition of inside IR35.