This question is about general contractor salaries.

How are independent contractors paid?

By Zippia Team - Oct. 25, 2022

Independent contractors are paid mostly in two ways: by hourly pay rates or with one lump sum for a specific job.

The lump sum may be paid in full before the job begins or partially before the job begins. If only paid a partial portion of the lump sum, an independent contractor typically receives the rest of the payment once the job is complete.

If a freelancer (independent contractor) often works with the same company, the company may set up a direct deposit to go into the freelancer's bank account on a weekly or monthly basis.

In other cases, independent contractors may be paid with a company check that they then can deposit into their checking account.

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