6/21/21-BottomLeaderboard- SHRM

1099 Contractor Payments

Available from Branch

Paying independent contractors? Need a benefit to attract more gig workers? Branch offers companies a faster, easier way to pay contractors.

The growth of the gig economy has created the need for faster, more secure payments. More than 90 percent of workers associate faster pay with financial peace of mind. Gain a competitive edge and attract talent with instant, digital payments.

Branch offers a centralized hub to make, manage, and track batch payments to your workers. Push contractor payments at any time—no time constraints, deadlines, or fees.

Branch collects relevant information at the time of onboarding, tracks cumulative contractor earnings through the Branch Wallet, and issues 1099-NEC forms to you and your workers when necessary. Plus, Branch files the forms with federal and state tax authorities through the appropriate methods—whether electronically or via mail.

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