There are many potential liabilities employers face if an employee is misclassified as an independent contractor. They come from several sources: namely, the IRS, unemployment insurance, workers’ compensation, federal wage and hour law, and state wage and hour law. An...
Payroll processing involves far more than merely tracking employee hours and cutting checks. Payroll affects your standing with the IRS. It puts you at risk for Fair Labor Standards Act (FLSA) violations. Errors can increase labor costs and lower employee morale and...
Did you know that just because you are paying an employee on a salary basis, it does not immediately make that employee ineligible for overtime? The crucial distinction is whether the employee is exempt or non-exempt from wage regulations that cover overtime. The...
Employers may unknowingly trigger risks of labor violation penalties and fines by improperly classifying employees as independent contractors. These employee misclassification penalties can be quite steep, so it’s important to be vigilant when hiring a worker....
A new freelance law impacts New York City employers. The Establishing Protections for Freelance Workers Act (also known as the Freelance Isn’t Free Act), went into effect earlier this month. For companies located in New York City that contract with freelance workers,...