Skip to content
Lab651 Process

Contractor Rate Changes

Contractor Direct (Contractor Indirect**)

  1. Head of Software Engineering works directly with Contractor requesting an hourly rate change
  2. Once the new rate and effective date are determined, Head of Software Engineering completes this form to inform COO and Admin of the pending change
  3. Admin will revise the contractor agreement to include the new hourly rate and effective date and send to Contractor for signature via DocuSign using Head of Software Engineering for Lab651 signature
  4. When the docusign document is signed by both parties - Head of software engineering will make the rate change in Harvest and Admin will make any necessary rate changes in Quickbooks
  5. If the hourly rate change is to be back-dated, Admin will issue the adjustment payment on the next payment to contractor

Contractor Indirect

  1. COO and Head of Software Engineering work with Contracting organization regarding rate and effective date change
  2. Follow steps 2-5 above
Section titled “Related”
  • Contractors — contractor pay, expenses, and time tracking