Misclassification & Compliance

Independent Contractor Misclassification and Compliance News March 2024

By Nathan Gibson

As the independent workforce continues to grow, so do the issues of worker compliance and misclassification. It is important for enterprises to remain informed about the latest laws, regulations, and developments surrounding these topics. Each month, we’ll bring you the latest news stories from around the web. 1. DOL New Independent Contractor Rule Takes Effect…

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Creating an Effective Contingent Labor Program: Getting Classification Right 

By MBO Partners

Following on my introduction to this series, this first installment focuses on the critical importance of correctly classifying the members of your independent workforce.   In the past, the onus was on independent contractors to make sure they were set up correctly, paying the right taxes – the IRS would audit them directly. That has…

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Independent Contractor Misclassification and Compliance News February 2024

By MBO Partners

As the independent workforce continues to grow, so do the issues of worker compliance and misclassification. It is important for enterprises to remain informed about the latest laws, regulations, and developments surrounding these topics. Each month, we’ll bring you the latest news stories from around the web. Commissioner of Federal Trade Commission (FTC) Argues Misclassification…

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Independent Contractor Misclassification and Compliance News January 2024

By MBO Partners

As the independent workforce continues to grow, so do the issues of worker compliance and misclassification. It is important for enterprises to remain informed about the latest laws, regulations, and developments surrounding these topics. Each month, we’ll bring you the latest news stories from around the web. U.S. Department of Labor Announces New Worker Classification…

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3 Ways to Ensure Success When Engaging Independent Contractors

By MBO Partners

Growing demand, enabling technology, and expanding supply are three key factors leading to the continuing growth of the independent workforce in America today. In 2023, just over 72 million people reported working independently. As more organizations incorporate independent talent as part of their workforce, it becomes increasingly important to be aware of the legal complexities…

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How to Ensure Compliance for Non-Traditional Independent Workers

By MBO Partners

As the way work gets done changes and companies continue to seek high-demand and often specialized skills, hiring managers are tapping workers from non-traditional talent pools. The most notable of these are digital nomads and members of the creator economy.   Engaging Digital Nomads Requires Extra Attention  While independent professionals pursuing a digital nomad work style…

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New DOL Rule Changes Definition Of IC Status: What Matters for Your Enterprise

By MBO Partners

On January 9, 2024, the United States Department of Labor (DOL) announced its final rule on determining whether a worker is an employee or independent contractor under the Fair Labor Standards Act (FLSA) purposes. The rule is effective on March 11, 2024, and rescinds the existing rule developed by the previous administration that has been…

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consultant

W-2 vs. 1099: 10 Differences for Employers

By MBO Partners

Employee misclassification can be detrimental to your business. Here are 10 key differences between 1099 independent contractors and W2 employees that you should know.

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Independent Contractor Misclassification and Compliance News November 2023

By MBO Partners

As the independent workforce continues to grow, so do the issues of worker compliance and misclassification. It is important for enterprises to remain informed about the latest laws, regulations, and developments surrounding these topics. Each month, we’ll bring you the latest news stories from around the web. 1. New York Passes Freelancers Isn’t Free Act…

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The Legal Landscape: Navigating Compliance with Independent Contractors

By MBO Partners

Engaging independent contractors comes with many benefits: increased staffing flexibility, access to in-demand skills, cost savings, and a workforce for project-based work. But in exchange for these advantages, companies must be aware of how to navigate compliance in order to operate legally when engaging contingent workers. From a legal perspective, independent contractors fall under a…

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