Categories: PayrollTips

5 Reasons to Definitely, For Sure Not Add Freelance Contractors to Your Payroll

Warning: Freelance Contractors May Add Efficiency, Expert Skills, Cost Savings

Freelancers, contractors, gig workers – whatever you call them, they’re nothin’ but trouble.

(You can take our very, super serious word for it.)

While the benefits of adding freelance contractors to your payroll has been unanimously agreed upon by nearly every reputable expert and highly trustworthy media outlets as being resoundingly positive, rest assured: it’s time we set the record straight very, very seriously.

So, here they are – all the terrible reasons to definitely, for sure not hire freelance contractors.

1. They Help You Keep Pace & Get Work Done Faster

The last thing your small business needs is to keep up with your projects, actually hit deadlines, and maybe even, y’know, get ahead of the eight-ball and exceed your expectations.

Freelance contractors have been known to help overwhelmed businesses complete projects in half the time than those done without them, but where’s the fun in that?

Instead, keep your company’s payroll operating in a constant state of unprofitable dysfunction while overworking your full-time employees until their arms fall off.

2. They Help Overcome Missing Skill Sets—Without Ballooning Your Payroll

It may be tempting to overcome a missing skill set that your business needs on a one-off project or occassionally without ballooning your payroll with more full-time, salaried hires.

To that, I say, do you not like balloons?

Instead of doing the smart thing of keeping a lean operation and paying a freelance contractor only 25 hours for the equivalent of what a salaried employee might get done in 40…

Ignore that intelligent urge.

Burn the money.

Hire more staff.

This ends well.

3. They Inject Creativity & New Ideas into Burned-Out Teams

Especially if your team has been burned out for a while, it’s best not to bring any definitely-not-burned-out freelance contractor brimming with fresh, new ideas in to help your team get over the hump.

Rather, you’ll want to keep a childlike, naïve belief your high-overhead team on the payroll will just somehow get it together while you watch everything you ever built slowly burn to the ground.

4. They Help Your Business Run 24 Hours a Day, 365 Days a Year

In a globally competitive business landscape, you may be tempted to have your business run 24 hours a day, 365 days a year with the help of freelance contractors situated around the globe.

But why would anyone ever want that?

It’s best to instead keep your business operating as seldom as possible – that way, you can ensure you’re always the second option of your competitors, get less business, and maybe even default on your contractual obligations so you can put your business into bankruptcy faster than you can say “creditor protection”.

5. They Are Independent & Flexible, Freeing Up Management Time

As a highly efficient small business owner, you know it’s important to concentrate your time on the most important things, like micromanaging your full-time employees into a constant state of existential dread.

Freelance contractors often work independently and remotely with an entrepreneurial spirit, making it easier for you to focus more time on high-level things that drive your business forward.

But that would take away from the whole inefficiency piece, so we can’t recommend against it enough. Wink.

Add Independent Contractor Payroll Now

Want to make it simple and easy to pay your company’s awesome independent contractors? You can electronically pay your invoices and reconcile your accounting in a just a few clicks.

Our experts are ready to help every step of the way. Log in to your PaymentEvolution account and check out the payroll link.

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Author

  • With a passion for technology, Sam looks for ways to help small companies to compete and save money. He's worked in Foreign Affairs for the Government of Canada, geeked out at Digital Equipment Corp and hung out at Microsoft. He founded PaymentEvolution.com to help businesses like yours.

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Sam Vassa

With a passion for technology, Sam looks for ways to help small companies to compete and save money. He's worked in Foreign Affairs for the Government of Canada, geeked out at Digital Equipment Corp and hung out at Microsoft. He founded PaymentEvolution.com to help businesses like yours.

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