Contractor of Record (COR)
Contractor of Record (COR): Payments, Time & Performance Management
Take care of contracts, time sheets, performance management,payments for a local or international contractor sourced by you.
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Step 01
Sign up
Free sign up. No payment details needed until a candidate is confirmed for onboarding.
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Step 02
Go to 'Request new resources', toggle to 'Self-sourced talent' tab & choose 'Contractor of Record (COR)'
Provide your contractor details along with pay rate & contract details for us to onboard as a contractor.
(1 business day to confirm contract with the contractor) -
Step 03
Review offer, approve & pay
System generates contract & monthly hiring cost (Bill Rate multiplied by contracted hours per month) to review & approve in the platform.
Pay a one-time onboarding deposit* to confirm the hire. Monthly hiring cost is billed in arrears based on actual hours worked, invoiced and auto-debited on the 1st of the following month.Happy Contracting*The deposit is intended to cover any additional hours worked by the freelancer beyond the agreed schedule. It will be refunded at the end of the contract, after deducting payments for any extra hours worked beyond the contracted hours. -
Step 04
Contract Ended (As per the contract end date, or terminated mid-contract by you or your freelancer on the platform)
Your monthly billing for the contract ends.
Your deposit is refunded after deducting the final month's hiring cost, any unpaid dues, or any severance owed to the contractor.
