A freelancer is a term used for a person who is self-employed and is not necessarily committed to a particular employer long-term. This agreement is a form of employment contract to hire an individual or a corporation to do a specific task and includes nature of job, length of employment, compensation etc.
Freelance agreements also known as independent contractor agreements or consulting agreements.
Depending on the industry, freelancer work practices vary. Payment of freelancer also depends upon their work, experience and skill. Freelancer may charge by the day, hour, or per project basis.
Fields or industry in which Freelancing is predominant:
- Computer Programming
- Web design
Advantages of Freelancer Agreement:
Protects both the parties
A well drafted agreement minimises the risk of future litigation, as the rights and duties of both the parties are laid down properly.
If the nature of work requires confidentiality, this agreement also enables confidentiality.
Points to consider in Freelance Agreement:
The most important thing is language used in an agreement must be simple and clear to avoid confusion.
Basic information such as Name and addresses of parties, name of organisations, etc should be provided in an agreement.
Scope of agreement
Scope of work of both the parties to be mentioned in an agreement to avoid litigation. It means both the parties should know what one expect from each other.
Proper time limit must be specified in the agreement within which the work has to be completed. If there is any change in the plan of action then accordingly the time also to be amended. If the terms are not clear then it might result into disputes between the parties.
It is important that the agreement must also have clarity of the payment terms. In others terms it means when the freelancer has to be paid by the hour, or project wise, etc.