How do I Increase pay for a contractor?
Harsh Yadav
|
18 steps
|
2 minutes
Borderless
1
Login into your [Borderless Account](https://app.hireborderless.com/console/business-user/home) and navigate to "[Hires](https://app.hireborderless.com/console/business-user/hires)"
2
Copy the Existing Contract by clicking on "Copy Contract"
3
Enter the Same Name and Email Address Used Previously for the contractor
4
Review and Click 'Next' to Confirm
5
Change the "Start Date" to the Effective Date for the New Pay Rate
6
Continue clicking 'Next' until you reach Contract Setup. \ \ Then either select 'Create a Borderless Contract' or upload your own fully executed contractor agreement.
7
Select an Authorized Signatory from Your Legal Entity to Sign the Contractor Agreement
8
Click "Next"
9
Complete All Required Fields and then Click 'Save' to Finalize the Agreement
10
Click 'Invite Contractor' to Send the Updated Contract
11
**Important: After sending the updated contract, please add an end date to the previous contract to avoid overlapping agreements.**
12
Click on the "[Hires](https://app.hireborderless.com/console/business-user/hires)" page in Borderless
13
Click on the Contractor Name
14
Select the Original Contract Listed Under the Contractor's Name
15
Click "Edit" next to General Information
16
Enter an End Date which Reflects the Last Day of the Current Pay Rate
17
Click 'Next' to Confirm and Save the End Date
18
Return to the Home page by Clicking the Borderless Logo in the Top-Left Corner.\ \ This will make sure that you have compliantly updated the pay rate for the contractor.