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One of the most sweeping economic changes arising as a result of the COVID-19 pandemic is the shift from in-person to remote working. Although many employees have returned to working on location again, factors indicate the labor market has evolved to accommodate remote workers more permanently. With the shift comes state tax and other employment […]
In 2014, approximately 14% to 20% of the U.S. workforce consisted of independent contractors known as “gig workers.” In 2020, the number increased to approximately 35%. Some sources estimate that by 2023, nearly half the workforce will consist of freelance and independent workers. The gig economy is nothing new, but with the new employment environment […]
The first 4 months of 2021 have been packed with major nationwide events, including significant news surrounding management of the $1.7 trillion in student loans. With all that’s going on, we’ve been following legislation from the new administration, a new Congress, a COVID relief bill, and now the American Rescue Plan.
The COVID-19 crisis has brought major changes to the U.S. workforce. Many employers have transitioned their workforces to remote work. Now, employees can work from anywhere with an Internet connection. Many employees have taken advantage of the flexibility by investing in home office spaces, moving to different states, and even traveling the country. What most […]
Earlier this summer, President Donald Trump issued an Executive Order directing Secretary of the Treasury Steven Mnuchin to defer the withholding, deposit, and payment of certain payroll taxes beginning September 1 through the end of 2020. The order left several important questions open and directed the Treasury to issue guidance to implement the order.
President Donald Trump’s plan to defer payroll taxes for many employees through the end of the year is sparking questions and criticism from employers—questions about how to implement the plan and criticism that the “tax holiday” may hurt more than it helps.
The U.S. Department of Labor (DOL) continues to issue guidance related to the various actions the government has taken intended to ease the blow COVID-19 has struck against the nation’s workforce.
If you’re thinking about taking your recruiting efforts global, you’re not alone. A growing number of employers are expanding their talent acquisition strategies beyond U.S. borders. However, while there are compelling business reasons to do so, it’s far more complex than recruiting domestically.
The North Carolina Employee Fair Classification Act (EFCA), which will take effect on December 31, provides a mechanism that allows workers to more easily report—and state agencies to more easily prosecute—employers that misclassify workers as independent contractors instead of employees.
Today’s growing business is facing increasing pressure to expand internationally—whether that is to meet demand from customers overseas, to test new markets, or to tap the worldwide pool of talent to strengthen their broader operation.