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LONE EAGLE/CONSULTANT
ABOUT CONDUUIT™ SERVICES
INDUSTRY TRENDS. DID YOU KNOW?
  • Do you have an on-boarding process for consultants who are engaging in new projects?

    Conduuit’s on-boarding process for Lone Eagle™ engagements will require the standard background investigation (1 to 2 week process). This process entails the criminal, drug, and educational checks. Conduuit™ uses e-verify for employment verification.

  • Do you provide evidence of the client-bill rate to your consultants?

    Conduuit™ operates in a full transparent manner. Rates charged to client is made readily available to the self-employed consultant (Lone Eagle™). The amount retained by Conduuit™ is dependent on the services offered by Conduuit™ and selected by the Lone Eagle™.

  • How often do you pay your consultants? What are the standard terms?

    As part of its base services, Conduuit™ pays the Lone Eagle™ on a weekly basis. Provide an approved timesheet and get paid the following week. No invoicing or the painful Net 30 or Net 60 terms.

  • What if the consultant does not want a packaged service and only wants the project and weekly payment?

    A Lone Eagle™ can also choose to forego all of the other services offered in the base service package and only obtain the weekly cash flow services. In this case, the Lone Eagle™ keeps 94% of the client bill rate.

  • Will you make your consultants sign a non-compete agreements or other restrictive agreements?

    Conduuit™ does not impose a non-compete agreement on any of its Lone Eagle™ consultants. You are free to leave or convert at any time of your choosing.

  • AS A SEASONED PROFESSIONAL WITH CLOSE TO 2 DECADES OF EXPERIENCE IN THE INDUSTRY AS AN EMPLOYEE AND AS A SELF-EMPLOYED CONSULTANT, IT SEEMS LIKE I’M WORKING MORE HOURS, BUT NOT NECESSARILY MAKING MORE MONEY. WHY IS THAT? AM I THE NORM OR THE EXCEPTION?

    Unfortunately, you are the norm. According to the Economic Policy Institute, workers have produced much more, but typical workers’ pay has lagged far behind over the last 40 years. Compensation for the vast majority lagged further and further behind overall productivity. From 1973 to 2013, hourly compensation of a typical (production/nonsupervisory) worker rose just 9 percent while productivity increased 74 percent. This breakdown of pay growth has been especially evident in the last decade, affecting both college- and non-college-educated workers as well as blue- and white-collar workers. This means that workers have been producing far more than they receive in their paychecks and benefit packages from their employers. Companies are making record profits, but employees and contractors are often not reaping those rewards. For consultants, the practice of Layer Cake contracting isn’t helping either.

  • Do I need Liability Insurance as a self-employed consultant?

    Yes. 7 out of 10 businesses don’t buy Employment Practices Liability Insurance. Leveraging Conduuit™, you and your client are covered. Did you know that 6 out of 10 businesses think they are protected under other policies? Don’t expose yourself and your client to this risk. Conduuit™ will ensure you have the proper coverage for you and your client.

  • For government related projects, what do Federal Acquisition Regulations (FAR) say about self-employed consultants working on a contract?

    FAR provision for government-related businesses states that subcontracts may be unallowable when the total subcontracted content of a contract or individual delivery order exceeds 70% of the total cost.

  • How much lower is the pay for H1-B visa workers in the Business and IT sector?

    H1-B Visa contractors obtain receive an average of 36 to 41% lower wages

  • I’M A SELF-EMPLOYED CONSULTANT WORKING FOR A LARGE FINANCIAL ORGANIZATION THROUGH A “PREFERRED VENDOR”. CAN YOU TELL ME HOW MUCH OF THE HOURLY RATE THE VENDOR CHARGES FOR MY SERVICES GOES IN THEIR POCKET?

    Self-Employed Contractors and Consultants receive an average of 50% to 65% of the total hourly rate paid by client. Vendors who serve as the middlemen receive the remaining 35% to 50% for being a mere pass-through. We call this Layer Cake contracting and abhor this practice. The contracting resources performing the actual work are progressively getting less and less of the compensation.