Mitigate Risk

In order to remain competitive, companies are always searching for innovative solutions to address complicated and costly personnel challenges. The changing nature of our global economy, and the flexibility contract work offers, has resulted in more options for companies requiring talent. Hiring and managing independent professionals affords companies a reduction in the costs associated with hiring permanent workers and an opportunity to maintain greater organizational flexibility in turbulent financial times.

However, hiring independent contractors or vendors means staying on top of the ever-changing legislation landscape and exposes you to many new risks. IPS can help you mitigate or entirely eliminate these risks.

IPS protects you from:

• Misclassification Risk

  Misclassification of 1099 and single party corp-to-corp workers can result in expensive penalties. If you fail to classify contractors correctly you could end up not only being fined, but also liable for payment of back taxes, pension contributions, and benefits for all your contractors since they began working at your company. IPS eliminates this risk by leveraging our more than 20 years of experience to correcltly classify contractors - ensuring ongoing compliance of your independent professionals from the day they start to the day they leave.

• Unforeseen Losses

  If your contractors are not properly covered your company could suffer damages with no means to recoup the loss. IPS ensures your covered in the event of contractor negligence, theft, injury to property or personnel, and more.

• High Contractor Turnover and Poor Performance

  The mobility and "arms-length" nature of contractors makes it difficult for companies to get "buy-in" from their contigent workers. Because of this, contractors are more likley to "jump ship" or perform poorly when things get tough than traditional employees. IPS provides a unique system to help bring contractors' interests more inline with yours.

• Bad Seeds

  Its common for companies to require new employees to pass various background checks before starting employement. With a contigent workforce, however, the volume of tests, and the ad-hoc way they're normally handled, make it a pain to manage effectively. IPS will perform and aggregate the results for various tests fo you - including: credit, drug, and background checks. This way, before a contractor starts working, you can be confident that bad seeds will be weeded out.

• Circumvention of Corporate Policy

  Prior to staring work, IPS will enforce corporate policy ensuring contrators complete all the necessary documentation for compliance with your business requirements including, but not limited to the signing of: Non-disclosure agreements (NDA), Intellectual property statements, Discrimination & harassment policies.

It’s time to ask yourself: why deal with all these risks yourself? Let a company with 20 years of experience do it for you and free up time to do things that actually drive your business.