Misclassification and Compliance
As more companies begin to incorporate independent professional talent into their workforce, more high-profile lawsuits have been in the news—throwing the issue of worker misclassification into the spotlight. But what is worker misclassification exactly? First, it’s important to understand that independent contractors (freelancers, consultants, self-employed professionals, side-giggers, etc.) represent a fundamentally different type of worker…
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Organizations are increasingly recognizing the competitive advantage, reduced cost, and unique skills on-demand talent bring to the market. Independent professionals are an economic force that will continue to grow and thrive. There are currently nearly 42 million people working independently in the U.S. and we predict that this number will only continue to grow. Along…
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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. As the independent workforce continues to grow, so…
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As more companies begin to integrate independent professional talent into their fulltime workforce, the risk of worker misclassification increases. Whether your business has been engaging independent contractors for years or is just beginning use independent talent, it is increasingly important to put measures in place to help correctly classify talent as either traditional employees—recipients of…
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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. Texas Says App-Based Gig Workers Are Not…
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The independent workforce represents a very different pool of talent than traditional employees. In order to successfully attract, retain, and re-engage independent contractors, it is important for companies to build a recruiting strategy that is specifically designed to meet the needs of this talent. What Makes Independent Contractors Different? First, it is important to understand…
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Employee misclassification can be detrimental to your business. Here are 10 main differences between independent contractors and employees that you should know about.
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As the 42-million-strong independent workforce continues to grow, so does the issue of employee misclassification. The IRS estimates that millions of workers have been misclassified, and according to state-level studies, 10% to 20% of employers misclassify at least one worker as an independent contractor. While some misclassification is unintentional due to lack of understanding about laws regarding worker classification, sometimes…
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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. Highly Skilled Consultants are Independent Contractors The…
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Self-employment is not only a growing career choice for 42 million Americans, but companies on the whole are also increasingly recognizing the many benefits independent professionals provide and are incorporating this talent into their workforce strategy—65% of senior executives say their external workforce is essential for operating at full capacity and meeting demand. If your…
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