Independent Contractor Compliance and Misclassification Update
A hot topic being discussed recently is independent contractor misclassification. With cases such as the recent FedEx Ground suit that settled for $228 million the subject has attracted the attention of many CEOs and has them questioning whether independent contractors used by their companies are classified correctly. Here are a couple steps companies can take to limit their exposure to independent contractor (IC) misclassification risk:
"Properly restructuring, re-documenting, and re-implementing their independent contractor relationships in a manner that enhances their IC compliance."
"Not assuming that they are free from misclassification exposure simply by retaining contractors who operate in the form of business entities, such as corporations or LLCs."
To take a deeper dive into six related court cases that discuss IC misclassification further select the link below.
READ MORE: Independent Contractor Compliance and Misclassification News Update
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