Misclassification and Compliance
Organizations can realize many benefits from engaging independent contractors including significant financial savings, access to specialized skills and expertise, and staffing flexibility. Independent talent can be a great way to test out new services, lay the foundation for a new business unit, or implement a new technology system. In order to avoid risk, ensure a…
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The independent workforce is here to stay. More than 41 million Americans are currently working independently on a full- or part-time basis and we predict that by 2027, more than half of the workforce will be, or will have worked independently. This means that if you aren’t doing so already, you’ll likely be engaging some…
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Follow these best practices for managing your independent contractor workforce to avoid costly reclassification issues.
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Worker misclassification is an inherent risk when engaging independent contractors. Businesses today must decide how to handle differing worker classification laws from federal, state, and local government agencies. Because laws and regulations that dictate worker classification and use of independent contractors are ambiguous and frequently change, legal compliance is challenging. At the same time, companies…
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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. National Labor Relations Board Finds Arbitration Agreement…
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As the 41-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, 10-20% 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 it…
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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. The NLRB and DOL Released Documents Saying Gig…
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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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