3 Mistakes Contractors Should Avoid Post-Shutdown
Key Takeaways for Executives Taking on more work than you can manage well could mean lost sales in the long run. It’s far better to underpromise and overperform than do the opposite. Don’t deliver something the contract doesn’t call for, even if the customer asks for it. As contractors rush to catch up on work
Shutdown Threatens Contractor Employees’ Credit, Security Clearances
Key Takeaways for Executives The recent government shutdown has damaged the credit of many contractor employees by causing missed bill payments and other financial hardships. Because financial history is one of the main components of a background check, these employees’ ability to get and maintain security clearances will be jeopardized through no fault of their
Long-Term Funding Agreement Critical for Contractors, Industry Groups Say
Key Takeaways for Executives The three-week agreement to reopen the government is an “important first step” toward longer-term funding stability. Contractors should promptly submit, and the government should promptly pay, outstanding invoices for work already performed. Contractor employees should receive back pay along with their federal counterparts. The Professional Services Council said the agreement to
Shutdown Threatens Status of Contractor Employees on H-1B Visas
Key Takeaways for Executives Federal contractor employees on H-1B visas face potential deportation if they are terminated for lack of work. Contractors have to keep paying these employees even if they have no work, terminate them, or face stiff penalties. A mass exodus of H-1B workers could constitute a serious “brain drain,” especially in the
Shutdown Hitting Small Firms Hard, but There are Survival Strategies
Key Takeaways for Executives: The government shutdown is taking a particular toll on small contractors. Contractors need to do several things to survive, including checking contract payment terms, updating proposals as required and completing SBA paperwork. If possible, contractors also should retask employees on overhead projects and require them to take paid leave. Small contractors
No One Knows if Furloughed Contractor Employees Will Ever be Paid
Although Congress usually votes to authorize back pay for federal employees following a government shutdown, federal contractor employees historically have been left out in the cold. And given the length of this shutdown — now entering its third week with no end in sight — it’s particularly hard to know exactly how many contractor employees
Here are Concrete Steps for Contractors to Mitigate Shutdown Effects
Now that we are nearing the second week of a partial government shutdown with no end in sight, contractors should take several steps to ensure as little disruption to their businesses as possible, industry groups say. Among other things, according to the Professional Services Council, contractors should assemble a team of employees to ensure compliance
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