Introduction to Statement of Work (SoW): What it is, and isn’t

Statement of Work

This is a guest post from Stuart Juggins, founder of Aardent. You can find more information about who Aardent are and what they can do for recruiters at the bottom of this piece.

What is a Statement of Work?

A Statement of Work or SoW in basic terms is a contract setting out the commercial agreement between two parties, which is used to define and document a set of objectives, outcomes, tasks, terms and financial conditions to be measured against.

The SoW is legally binding and as such should always clearly state the specific activities required to be provided, namely the Deliverables and Milestones. Any engagement that utilises a SoW should also detail all of the relevant payment conditions for the respective deliverables and milestones, stating conditions for when payments will be triggered.

The SoW will document all of the activity in detail that the chosen supplier (a contractor, consultancy etc.) and procurer (the client) is responsible for completing, along with the duration of the project / engagement and specifying how and when payments will be made. All of this activity will be based against the completion of specific milestones and can be paid on a time & materials, capped T&M or fixed-price basis.

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Future Perfect? The Challenges Ahead for the Staffing Industry

Staffing

In our final piece following on from last year’s Industry Insight event, we’re taking a look at what the future might hold for the recruitment industry as well as the challenges change is creating within the staffing ecosystem. We’ll be borrowing from John Nurthern’s excellent presentation, and if you wish to do further reading there is a wealth of information on the SIA website.

There has been, and continues to be, a fundamental shift in the way that people are working –perhaps more so than at any time since women entered the workforce in large numbers after the war. It could even be said that the freelancer surge is the industrial revolution of our time.

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Statement of Work Contracts – What You Need to Know

Statement of Work

The issue of Statement of Work (SoW) contracts, and the rise in requests that many recruiters are seeing from their clients, is one that has been a point of discussion for some time.

In fact, at our recent Industry Insight event, the Q&A section was dominated by questions to the panel around SoW. You can read more about the event as a whole here, but this blog will focus purely on SoW contracts – what are they, do they work, and what you should say to a contractor who wants to go down that route?

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The Duty of Care

Duty of Care

It is generally well understood that contractors owe a duty of care to the clients they are working for. What sometimes gets lost, however, is the duty of care that recruiters owe to the contractors they place.

The role of the modern recruiter extends well beyond simply finding the right placement for the contractors they look after. To summarise in a sentence: the role of consultancies is to make sure that their contractors are well-informed.

Whether it’s advice and guidance on IR35 legislation or a helping hand with contract management, the role of today’s recruiter is multi-faceted. Firstly, the recruiter must ensure that the contractor holds sufficient levels of insurance, in line with their contract and the requirements of their job role.

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The Slinky principle – When is the right time to expand your recruitment business?

Recruitment

A guest blog from Boomerang’s Paul Dewick:

Remember Slinky’s? They were essentially a long, very flexible spring that you placed on the top step of a set of stairs. Then you would slowly tip the top of the spring and, assuming you had positioned it right it would gracefully descend the stairs and settle at the bottom in a neat tube. If the positioning was wrong, then they would start well but gradually begin to slip off their centre of gravity and end up in a tangled disaster. In the worst-case scenario, the loops of metal would become irretrievably entangled, and you had to throw it away.

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