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An Overview of Dominican Labor Law
1. Introduction Labor relationships in the Dominican Republic are governed by Law No. 16-92 of May 29, 1992, commonly known as the Labor Code, which is characterized by its strong and sometimes inflexible protection of the rights of the individual employee. This overview is a brief yet detailed summary of the Labor Code’s most relevant provisions. All references in parentheses refer to articles in the Labor Code unless otherwise specified. Please note that no overview can validly substitute professional legal assistance.

Other private contractor Related Articles

What\'s a Surety Bond?
A surety bond is a three-party instrument between a surety, the contractor and the project owner. The agreement binds the contractor to comply with the terms and conditions of a contract. If the contractor is unable to successfully perform the contract, the surety assumes the contractor's responsibilities and ensures that the project is completed. Below are the four types of contract bonds that may be covered by an SBA guarantee:
Genral Information
The U.S. Small Business Administration (SBA) can guarantee bonds for contracts up to $2 million, covering bid, performance and payment bonds for small and emerging contractors who cannot obtain surety bonds through regular commercial channels. SBA's guarantee gives sureties an incentive to provide bonding for eligible contractors, and thereby strengthens a contractor's ability to obtain bonding and greater access to contracting opportunities. A surety guarantee, an agreement between a surety and the SBA, provides that SBA will assume a predetermined percentage of loss in the event the contractor should breach the terms of the contract.
Unleashing entrepreneurship: Making business work for the poor
There has been a big change in the United Nations's engagement with the private sector influenced by its stewardship of the Millennium Development Goals. It was the urgent need to enhance the contribution of the private sector in achieving the MDGs that prompted Secretary General Kofi Annan to appoint a commission to examine how the role of the private sector in this major global effort could be maximized.

PRIVATE MONEY IS THE WAY TO GO
Explains what private money is, why it's very convenient and valuable in today's lending environment, purposes of private money loans, how it can be used by borrowers and brokers, and tips on applying for private money loans.
Who is Considered an Independent Contractor
An independent contractor is not legally considered an employee of a small business however; because of this classification, the rights and responsibilities that the small business owner has toward the independent contractor are different for those responsibilities he or she has for individuals classified as full or part time employees of the business.

The pros and cons of working as an independent contractor
Whether you are currently employed or you are unemployed and considering working as an independent contractor, you should carefully weigh the pros and the cons. Making the decision to work as an independent contractor means you are wise enough to measure the pros and cons.
Non-Real Estate Loans Private Lenders
Non-real estate loans from private lenders is not as hard of a proposition as one might think. But are they worth the high interest rate? Typically a private loan made for non-real estate purposes will cost you more in the short term than a traditional loan. The advantages of a private loan for non-real estate deals is that they often take less time to approve and the terms are generally more flexible. By nature private lenders take on a lot of risk, but don't be fooled into thinking that they do so unknowingly or without reservation. Assurances, a good track record and often some equity will be needed to get one of these "quickie" loans.
How To Widen The Gap Between Your Compensation Versus Your Value
Are entrepreneurs the only ones that own their own business? Everyone is really in business for him / herself, like an independent contractor. How you perceive the connection between the employee mind-set and that of an independent contractor is imperative. The independent contractor like the successful entreprneur, has a responsibility to maximize and deliver value. What can you do to deliver your assigned responsibilities with a new approach and be proactive with your talents in a way that creates maximum value? This article offer 2 key areas of focus for employees to increase your value, widening the gap between your worth and your compensation. Those are the folks who never get laid off, no matter what the economy is doing.
Do You Think Buying Contractor Leads is the Best Way to Get Clients?
Contractor speaks out about buying contractor leads. Learn the basic facts about how contractor leads are generated and what you really get when you buy.
Employee vs Independent Contractor
If you own a small business or are thinking about starting one, you will need to have a good understanding of the difference between a regular W-2 employee and a 1099 independent contract. It is usually more beneficial for an employer to have a contractor rather than an employee because the employer does not have to spend the time and effort to do payroll for that worker. Unfortunately, you don't get to just choose which status you put a worker into. The IRS forces you to choose one status or the other based on your relationship with a worker. The more supervision you have over a worker, the more likely it is that the worker should be a W-2 employee. The more independence they have, the more likely it is that they should be a 1099 contractor.
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