Employees & Contractors
Employment Models at Axelerant
At Axelerant, we engage with professionals through various work arrangements, each tailored to meet mutual needs and ensure clarity, flexibility, and support.
Employees
Employees are salaried team members in which Axelerant pays employment taxes and the team member receives benefits while qualifying for salary appraisals, evolving role and responsibility clarifications, promotions, and profit-sharing.
Employees sign an open term Employment Agreement.
Contractors
Contract professionals are independent contributors who collaborate with Axelerant under a fixed-term Contract Agreement. They manage their own business and employment-related taxes and operate as self-employed or through external organizations.
Per the contract, invoices should be submitted by the 4th of each month for the prior month, and Axelerant will process these within 30 days of receipt.
Contractors are team members in which Axelerant pays no employment taxes nor provides full benefits nor other incentives like salary appraisals, promotions, and profit-sharing.
Contractors sign a fixed-term Contract Agreement.
Contractors are responsible for their own business and employment taxes
Per Contract Agreement
The Consultant shall submit to the Company the monthly invoices not later than the 7th of each month for the immediately preceding month ("Invoice"), which the Company shall clear the invoice within 30 (thirty) days of its receipt.
On Contract or Agency
Contractors are further broken into the classification of On Contract for working with Axelerant directly, or Agencyby working with Axelerant through another legal entity. Agency contractors do not qualify for any Axelerant benefits whatsoever. On Contract people have limited benefits.
Agency Contractors and Vendor Partners as individuals are considered of the Agency. To bring such a person into Axelerant see https://axelerant.atlassian.net/wiki/spaces/AH/pages/1044185218.
Employee, Consultant, & NDA Agreements
The following employee, consultant, & NDA agreements are shared to provide transparency about the signed legal expectations between you and Axelerant.
