Onboarding a Contractor
Onboarding contractors through Multiplier is effortless. You can onboard contractors worldwide through the Multiplier platform in simple steps.
To onboard contractors on the platform, follow the below steps:
Step 1: Select Hire & Onboard from the left sidebar
Step 2: Select Contractor from the window that appears.
Step 3: Select the country you wish to hire and then select the type of contractor. You can select from these two options:
Pay a contractor - Contractor hired directly by you.
Agent of record - Contractor hired on Multiplier’s record.
Step 4:
4.1. Enter basic details such as Name, Gender, Email ID, Tax Residency, Job Title, Contract Duration, and Job description/Scope of work.
4.2. Once all the details have been filled, select Continue from the lower right.
Step 5: Next, you must fill in the compensation details.
5.1 Select the billing type you want for the contractor. You get two options:
Fixed rate: A fixed amount is paid every pay cycle, either monthly or semi-monthly.
Pay-as-you-go: The amount is paid hourly or daily based on the work done in a given period.
5.2: Enter the billing rate of the contractor. This will be the amount the contractor charges for their services for a specific duration. You get two billing rate options for each contractor type:
Hourly, Daily billing rate options for Pay-as-you-go contractors.
Semi-Monthly, and Monthly billing rate options for Fixed rate contractors.
5.3: Select the payout frequency. This is the frequency at which the contractor will be paid for their services. There are two options available for payout frequency:
Semi-monthly
Monthly
5.4: Select the invoice generation date in the Automatic invoice generation section.
Note: The automatic invoice generation feature is only applicable for fixed-rate contractors. If you disable automatic invoices for fixed-rate contractors, contractors would have to raise the invoices manually based on their work schedule.
Pay-as-you-go contractors will always have to raise the invoices based on their working hours/day.
The automatic invoice generation section gives you one of two options depending if it is enabled or disabled:
Automatic invoice generation is enabled - The invoice will be generated on the selected dates.
Automatic invoice generation is disabled: On the selected date, contractors will receive reminders to create invoices manually.
Note: For fixed-rate contractors, this will be the date the invoice is automatically generated. For Pay-as-you-go contractors, this will be the date the invoice generation reminder is sent.
5.5: Add any additional pay components if necessary. Then select Continue.
Step 6: Select the insurance plan for the contractor and include dependents, if necessary, and select Continue.
Note - Offering insurance to contractors is optional.
Step 7: Select the type of Contract. You can choose to upload your contract or select Multiplier Contract, where Multiplier generates a standard contract. Then select Continue.
Note: If you are uploading your own contract, ensure that you and the contractor have duly signed it.
Step 7: Review and Send the Contract
After you send the contract, the contractor will receive an email with the instructions to signup on the Multiplier platform