Contractor to Full-Time Salary Conversion

You’ve discovered a top freelancer whose contributions have exceeded expectations, and now you want to offer them a permanent spot on your team. But transitioning them from contractor to full-time employee can seem daunting, riddled with complexities like contract revisions, payroll conversions, and benefits administration.

Navigating the Conversion Maze

Converting a contractor to full-time involves several crucial steps

Man tearing up a contract
  • Contract Modification—Existing freelance agreements need revision to comply with local employment laws in the relevant Central Asian country.
  • Payroll Conversion—Hourly rates must be translated into annual salaries, considering taxes, benefits, and other deductions.
  • Benefits Implementation—Depending on your company’s policies and local regulations, you may offer paid time off, health insurance, or other benefits.
  • Legal and Regulatory Compliance—Adhering to labor laws, tax regulations, and social security contributions is crucial to avoid penalties and legal issues.
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What Happens if Your Contractor is in Another Country?

If you contractor was working for you in another country, then things tend to get a little complicated. To hire them directly, you typically need an entity in the country. This will costs thousands of dollars to set up, will require continued maintenance, and you’ll need a deep understanding of local employment laws and regulations.

In this case, the simpler way to operate is through an employer of record (EoR) service. An EoR will become the legal employer of the employee facilitating paroll, compliance, and more. If you have a contractor in Central Asia, then Truss may be able to help.

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Focus on Growth, Not Administrative Burdens with Truss as Your EoR

This is where Truss, your trusted Employer of Record (EOR) partner, steps in. We take the administrative burden off your shoulders for Cnetral Asian employees, allowing you to focus on what matters most—nurturing your talented team and building a winning company. Think of it this way—you identified a valuable asset, and Truss facilitates their seamless integration into your core team.

Truss—Your One-Stop Solution for a Smooth Transition

With Truss as your partner, the conversion process becomes streamlined and efficient. Here’s why:

  • Local Expertise—Our dedicated team possess expert knowledge of local employment laws and regulations.
  • Tailored Contract Management—We review and revise existing contracts to ensure compliance with full-time employment regulations.
  • Seamless Payroll Conversion—Our secure platforms handle payroll, calculating salaries, taxes, and benefits accurately and efficiently.
  • Comprehensive Benefits Administration—We help you understand and implement local benefit requirements, offering options to attract and retain top talent.
  • Reduced Risk and Peace of Mind—Truss mitigates the risk of non-compliance penalties and legal issues, giving you peace of mind as you expand your team.
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Beyond Compliance—A Personalized Approach

Beyond technical expertise, Truss understands the importance of a smooth transition for both you and your new employee.

  • Facilitate Clear Communication—Ensure transparent communication with your employee regarding their salary, benefits, and employment terms.
  • Offer Local Cultural Insights—Our local presence empowers us to provide valuable insights into cultural nuances and expectations, fostering a positive work environment.
  • Assist with Onboarding—Guide your new team member through company policies, culture, and processes, ensuring a smooth integration.

Unlock Your Global Potential with Truss

Bringing exceptional talent from Central Asia onto your full-time team doesn’t need to be a logistical hurdle. Let Truss be your trusted partner, handling the complexities of contractor-to-employee conversion, ensuring compliance, and empowering you to build a world-class team. Contact us today and unlock the potential of skilled professionals across Central Asia!