Sign on bonus template for contractor: Fill out & sign online

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to quickly redact Sign on bonus template for contractor online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is a perfect editor for updating your paperwork online. Follow this straightforward guide to edit Sign on bonus template for contractor in PDF format online at no cost:

Sign up and log in. Create a free account, set a secure password, and proceed with email verification to start managing your forms.
Add a document. Click on New Document and choose the file importing option: upload Sign on bonus template for contractor from your device, the cloud, or a protected URL.
Make adjustments to the template. Use the upper and left-side panel tools to edit Sign on bonus template for contractor. Insert and customize text, images, and fillable fields, whiteout unnecessary details, highlight the important ones, and provide comments on your updates.
Get your documentation completed. Send the sample to other individuals via email, create a link for faster document sharing, export the template to the cloud, or save it on your device in the current version or with Audit Trail added.

Explore all the advantages of our editor today!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Contact us

What is an example of a sign-on bonus?

A sign-on bonus refers to additional compensation that is given to the candidate after he or she accepts the job offer. It is compensation that is provided outside of his or her typical salary or hourly wage. For example, you might offer an employee an annual salary of $60,000 per year with a $3,000 signing bonus.

Can you give a bonus to a contractor?

Bonuses can come in many different forms, but the most common type of bonus is a payment incentive. Independent contractors are not full-time employees so they do not receive usual employee benefits. Offering an additional monetary payment to recognize their work can be a good idea.

How do you structure a signing bonus?

4 tips for structuring sign-on bonuses Paying a portion upfront and the rest after a probationary period. Paying in installments, with later payments due only if the employee remains for a set period, such as six months or a year.

How do contract bonuses work?

Some companies pay signing bonuses in one lump sum, while others might spread the payments out over a year as a way to retain the employee in the role for a certain amount of time. Be sure to clarify the terms of your employment contract so that you understand any stipulations, especially for this type of bonus.

Can an employee receive a W-2 and a 1099?

Yes, an employee can receive a W2 and a 1099, but it should be avoided whenever possible. Thats because this type of situation is a red flag and frequently results in a response from the IRS seeking further information.

Related forms

be ready to get more