Independent Contractors
As the U.S. economy continues to reach pre-recession levels, the general workforce is becoming more diverse and unique. Many of these changes are driven by companies who are hiring fewer people into full-time, permanent positions and instead are leaning more heavily on contract workers. Of course, this arrangement works out well for both parties.Contractors enjoy the freedom of…
Read the full storyCalifornia recently joined 11 other states that are working with the U.S. Department of Labor (DOL) to reduce the number of employees who are misclassified as contract workers. In 2011, the DOL collected $5 million in back wages for minimum wage and overtime violations because employees had illegally been treated as independent contractors. Colorado, Connecticut,…
Read the full storyA mutual agreement for services rendered between a contract worker and a business tends to be win-win for both sides. The company avoids the expense of paying for employees' taxes and benefits, while the freelancer has the freedom of working whenever and wherever he or she prefers. This system especially beneficial for small business owners…
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