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 […]Continue Reading →
Posts Tagged 'contractors'
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 […]Continue Reading →