The emergence of the gig economy has been a boon for many workers. The gig economy is defined by temporary or freelance jobs, typically with the worker employed as a contractor instead of as a traditional employee, who’d be issued an IRS 1040 form at the end of the year.
It may be a candidate’s market, but that’s not stopping small businesses from seeking out slightly cheaper alternatives when it comes to hiring staff.
The Work Opportunity Tax Credit (WOTC) is designed to be an incentive for employers to hire people who frequently face difficulty finding employment. As the name implies, this incentive is in the form of a tax credit. As such, it is administered by both the Department of Labor (DOL) and the Internal Revenue Service (IRS). […]
Perhaps the most common type of nontraditional worker in the new workforce is the independent contractor. The recession saw many people seeking work as independent contractors and as the economy has improved, these relationships have continued, whether due to the preference of the employer, the employee, or both.
The independent contractor model of work has become increasingly popular with both businesses and workers, but it’s not without its hazards. Misclassifying workers as independent contractors when the IRS and the U.S. Department of Labor say they should be classified as employees can have serious consequences. Here are 10 tips that can make it more […]
As a recruiter or hiring manager in a world where the ACA is in constant turmoil, you might be thinking: can’t I just give new hires (or current employees for that matter) money to buy their own health insurance and be done with it?
Netflix, Hulu, Roku, Apple TV. Everything is on demand today—including employees, says attorney Deanna Brinkerhoff. Deanna Brinkerhoff, an associate in the Las Vegas office of law firm Holland & Hart LLP, offered her tips at BLR’s Advanced Employment Issues Symposium held recently in Las Vegas. Why Recruiters Are Looking for More On-Demand Talent Brinkerhoff notes […]
By Holly Jones, JD, Senior Legal Editor In yesterday’s Advisor, we took a look at why certain 401(k) benefits are not as attractive to candidates with significant student loan debt. These candidates might not be able to contribute, and so the benefit becomes a nonbenefit. Today we’ll explore how employers can offer an alternate benefit […]