independent contractors, swimmingly!. meet the cross-campus team; learn about independent...
TRANSCRIPT
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WelcomeIndependent Contractors,
Swimmingly!
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Meet the cross-campus team; Learn about Independent Contractors and
why UNCW uses them; Learn what is being reviewed and approved
and why; Tips for processing Pitfalls – how to avoid and mitigate
challenges Preview of things to come Feedback on how to make the process
better
Today’s Agenda
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Lisa Eakins Tax and Financial Reporting Accountant University Tax Compliance and Reporting
Carol PageAssociate Director of Purchasing ServicesProcurement of Services, Independent Contractors & contractual
services
Lori PreissDirector of Employment and CompensationRecruitment and selection, Job classifications and compensation
studies for SPA and EPA
Sponsored Programs Grant Officers
Hiring Independent ContractorsMeet the Approval Team
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When are independent contractors necessary?
Who is an independent contractor?
Who would NOT be considered an
independent contractor?
What if the IC is not in uShop?
Can a PUR 1.40 be “recycled” for a second
engagement?
Hiring Independent ContractorsBack to the Basics
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Often we hire foreign nationals, what information
do you need to process these requests?
When are NC taxes withheld?
What account code should be used?
We’re using a grant to pay for the service. Any
special considerations to keep in mind?
At what point do we need a contract and who
signs them?
Hiring Independent ContractorsThe Finer Points
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The PUR 1.40 Application FormSection I – Completed by IC
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The PUR 1.40 Application FormSections completed by Department
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emo in uShop
uShop Steps
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Independent Contractor Confirming Workflow
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Plan ahead
◦ Set up new supplier uShop early
◦ Allow vendor two-three weeks to complete
PUR1.40
◦ Make sure all questions are answered
Communicate
◦ Call/email for help – We’re here to help!
Ask questions if unclear
Tips to Mitigate Complications
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On the horizon……
Your turn– Any questions or feedback?
Independent Contractor
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Thank you for attending!
Enjoy your SWIM!