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Misclassification & Compliance
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As the 64.6 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, 10-30% of employers misclassify their employees as independent contractors. While some misclassification is unintentional due to lack of understanding about laws regarding worker classification, sometimes it is done…
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By engaging independent contractors, organizations can realize many benefits—from significant financial savings and staffing flexibility, to access to specialized skills and expertise. 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. But in order to avoid risk, ensure…
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The differences between 1099 and W-2 tax forms, and considerations to take into account when making hiring decisions for your organization.
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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. New Jersey Supreme Court Says forming an…
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When engaging independent contractors, businesses must abide by laws and regulations specific to these workers. Learn the importance of independent contractor compliance, and how to minimize risk for your company.
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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 of this independent talent soon. But read…
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GUIDE | 10 MIN READ
As the project-based economy continues to evolve, proper management of independent contractor talent will prove to be critical.
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When engaging independent workers, enterprises have options when considering their level of compliance ranging from light compliance which is open to risk to enterprise-grade or enterprise-appropriate compliance. On-demand talent bring a competitive advantage, reduced cost, and unique skills to the market. Independent professionals are an economic force that is continuing to grow and thrive, and…
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GUIDE | 10 MIN READ
The number of people working as independent professionals in the United States is steadily rising. As this workforce continues to grow, so do the number of companies tapping into this talent source.
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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. Class Action Lawsuits Alleging Misclassification of Independent…
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