Negotiating with a freelancer about money can be quite confusing, especially if you’ve never done it before. Contract-based work is so different to working with coworkers and employees. While cost is obviously one of the most important factors of a project, it shouldn’t be the most important one, as it is highly relative.

Sure, you’ve read that right.
Obviously, when you start working with freelancers, trust will be a key issue for you. How can you trust them? What are the ways to make sure the professional you work with is not a total waste of time? Here are the essential tips.

Working with freelance contractors has its obvious risks. There are financial dangers, deadline risks and exposures that can create extreme vulnerabilities, especially in IT, where we work with data. However, hiring people who work remotely and/or contract-based can add a huge edge to your business. In many cases, experienced freelancers are simply better workers, because they are more efficient, and the financial requirements are often lower than keeping a permanent staff. Here is how to manage the risk/reward of contract work.