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Posts Tagged 'contractors'

Avoiding Employee Misclassification Under the Fair Labor Standards Act

As an increasing number of U.S. workplaces are restructuring their business organizations, this has created a higher risk of misclassifying employees as independent contractors. This is an important issue for Human Resources departments to pay attention to, as employer misclassification has a direct impact on employee eligibility for benefits, legal protections (such as minimum wage […]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Employee or Independent Contractor? Questions for Employers to Ask

For some employers, hiring an independent contractor for specific jobs can offer many advantages. Some of those may be experienced financially, in terms of saving on taxes, benefit costs, and labor costs. However, employers should be cautious when classifying individuals as independent contractors. Incorrectly classifying an employee as an independent contractor can have serious financial and legal consequences. The IRS uses […]

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Posted in: Benefits and Insurance, Human Resources

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