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1099 Risk BlogTag: 1099 laws
June, 17 2010
There is movement in independent contractor legislation pending in Congress: the Senate Committee on Health, Education, Labor and Pensions conducted hearings today focused on the Employee Misclassification Prevention Act, or EMPA. The hearing was titled, "Leveling the Playing Field: Protecting Workers and Businesses Affected by Misclassification." That link hosts a video showing highlights of the hearing. If passed, the Employee Misclassification Prevention Act (EMPA) would amend the Fair Labor Standards Act to criminalize . . .
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June, 9 2010
The impacts of the new healthcare laws on contingent workforce management will not be fully understood for some time. But some provisions of great concern are approaching rapidly, including a little understood 1099 reporting provision slated to take effect on January 1, 2012. Like the proposed Employee Misclassification Prevention Act (EMPA) bill, this new requirement would “pierce the corporate veil” hiding independent contractor vendors and require immediate discovery and control over challenging spend categories such as statement of work consultants and sub-contractors.
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March, 17 2010
Who are independent contractors, and what are some of the risk profiles for 1099s? I find that there are generally three prototypical people that become independent contractors. The first person truly wants to be an entrepreneur. She invests in her business and knows it is important to buy the proper business insurances (E&O, General Liability), develop marketing strategies, and in general think of her client as a client and not an employer. She understands the 1099 laws and wants – at all cost – to preserve her independent status as a consultant.
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Recent NewsNew Study Details Strategies for Managing the Contingent Labor Umbrella, Including Independent Contractors
August 12, 2010 -- New research on contingent workforce management from Aberdeen highlights a new trend in independent contractor and SOW consultant management: a dramatic increase in the use of Independent Contractor Engagement Specialists (ICES) that help businesses reduce the risks of engaging independent contractors and other contract workers, including misclassification and co-employment risk.
Read the press release >
Visit the newsroom > New ResearchManazing the Complexities of the Contingent Labor Umbrella
This latest research from Aberdeen reports on the dramatic growth in the use of independent contractors, SOW consultants, and services spend, and gives insights on how Best-in-Class organizations are navigating the contingent labor landscape. This year, the report has an expanded scope to include new categories of spend in the contingent workforce, including project / services spend.
Download MBO White PaperMaximizing Talent, Minimizing Risk: Approaches for Compliant Independent Contractor Engagement
Conventional Contingent Workforce Management (CWM) approaches are weak when it comes to independent contractors. But recent innovations are being integrated into VMS/MSP programs with powerful results. This whitepaper shows how to focus on the root cause of independent contractor challenges, rather than symptoms, and reap significant risk mitigation.
Talk With Our ExpertsCall 1-800-220-0469, or complete this form. Our experts will be in touch promptly.
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