For companies classifying service providers as “independent contractors” rather than employees, the U.S. Department of Labor (DOL) has just issued a warning: In its view, “most” American workers are really employees.
Misclassification is a pain point in a variety of industries, especially those that utilize owner-operator workforces. Everyone knows they want to avoid a misclassification claim, but few understand exactly what that means.
The IRS 1099 independent contractor model can be the ideal setup for some employers and workers. However, the misclassification of workers — a risk that is significantly increased when housing independent contractors in a Human Resource Management System (HRIS) — can be costly.
See the process Openforce took its most recent client through to onboard, qualify, and pay 500 ICs in 5 days.
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Many companies depend on a contingent workforce to stay flexible in a competitive marketplace. For these organizations, three critical components