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Notice, termination and getting paid

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Employment has statutory notice; contracting has whatever you negotiate — and the default clauses are written by whoever drafted the contract. Read these before signing.

Market-standard notice

The clauses that protect you

Income smoothing, honestly

Gaps are the real cost of contracting: budget take-home on 44–46 weeks, not 52. Keep 3–6 months of personal runway, renew early, and let the nightly alerts shorten the gap when a contract does end. The tables use a 46-week umbrella year for exactly this reason.

One more habit: re-read the termination clause at every renewal, because notice periods are renegotiated more often than rates and rarely in your favour by default.

Getting paid: terms and the late-payment reality

Commercial payment terms of 14–30 days are standard; 60 days is a red flag you price for. Late payment legislation gives you statutory interest (base + 8%) on overdue commercial invoices — invoking it politely, in writing, resolves most cases. The stronger protection is operational: invoice the moment the milestone lands, not month-end; keep a named accounts-payable contact; and escalate at 15 days overdue, not 60. Payment conduct is also a status signal — a client that pays your company against invoices is transacting B2B, and the paper trail supports exactly the evidence file you'd want in any review.

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