Need a better business model for paying consultants - werkgeversreview Freelance Consultant bij Talmix

Years ago Talmix was responsible. They paid their contractors, as promised. Currently there are no pros working with Talmix. They have not paid dozens and dozens of contractors across the globe.

I signed a 3-way contract with my client and Talmix. The client agreed, at Talmix's insistence, to pay Talmix who then promised to pay me my fees. Talmix made a decision to not pay may fees despite being paid in full from the client! They broke their custodial and fiduciary duties! The firm owes more than USD $100k. The firm used this same method across dozens of other consultants, mis-appropriating more than USD$1M is revenues due to contractors. Talmix chose to receive money but chose to not pay it out to contractors. Recently this firm went insolvent. They divided the firm into assets and liabilities and they bankrupted the liabilities part and sold off the rest to eTeams.

In the past, Talmix was a trusted partner to private equity firms and had a global reach of talent. This is gone now because they have not paid fees owed to consultants who were serving its clients.

Talmix is essentially an intermediary for global corporations and private equity firms to gain access to senior level independent consultants. Clients come to Talmix with a role they need to fill. Talmix posts the project description. Independent consultants provide detailed proposals and credentials. Talmix vets consultants and facilitates introductions. The Client and the Consultant determine if/how to move forward. Talmix provides no further value to the process, except billing which is where the problem starts. Basically. Talmix invoiced the end Client for my fees (plus their commission/mark-up). The Client paid Talmix on time, Talmix was consistently late paying me. They made up excuse where were not true. They blamed the payments vendor and said they were in the process insourcing the payment process. None of this was true. At one point, Talmix owed me over $90K in fees and expense. Ultimately a portion of it was paid, The CEO specifically committed to paying the outstanding balance on a date certain. That day came and went. The CEO did not respond to my follow up. A few days later, I learned the Talmix was insolvent and my outstanding fees were turned over to firm to handle "unsecured creditors". Talmix was "robbing Peter to pay Paul". I earned the revenue, They squander it and lied about it. As I understand it, they broke the company in two pieces. The assets were sold to eTeams. The liabilities (my fees) were left in the insolvent entity. My relationship with the Client is likely forever damaged