On September 22, 2020, the federal Department of Labor (DOL) released a Notice of Proposed Rulemaking (NPRM) regarding rules for employers to follow when classifying a worker as an independent contractor or an employee under the Fair Labor Standards Act (FLSA).
Tag: Independent Contractors
As most of us know by now, the percentage of individuals who are working as independent contractors either part time or full time continues to grow. Many employers have embraced this trend and continued to hire more and more contractors who work alongside the regular labor force and meet specific needs. Other employers opt for […]
In some recent posts, we’ve been talking about the classification of workers in organizations. In general, it’s pretty clear cut whether a worker is an employee or an independent contractor and the IRS explains some criteria for distinguishing between the two.
In a previous post, we talked about the decision companies face in classifying workers as independent contractors—those who receive a 1099 for tax purposes—and traditional employees who receive a W2.
A common criticism of the gig economy is that companies treat those working in it less favorably than traditional employees due to their status as independent contractors.
Dreams of flexible schedules, the ability to work remotely, and building new skill sets while working for multiple companies—at the same time—are all real reasons why full-time workers are choosing to turn to the gig economy as a main source of employment.
It may be a candidate’s market, but that’s not stopping small businesses from seeking out slightly cheaper alternatives when it comes to hiring staff.
A recent survey by Upwork called “Freelancing in America: 2018” confirms a trend towards workers moving increasingly into freelance and contract work. Stephane Kasriel, President and CEO of Upwork, recently sat down with the Daily Advisor editorial staff to discuss these results and what they mean for employers.
Anyone who’s taken an Uber or Lyft recently and chatted with the driver about his or her experience with the service relative to his or her day job is probably well aware of the trend toward a gig economy. More and more people are supplementing full-time jobs with part-time work, working multiple part-time jobs or […]
If you’re having a hard time trying to fill a vacant position at your company, have you considered hiring a contingent worker? Contingent, freelance, and gig workers are taking on more roles as the trend to find top talent remains a constant struggle.