Worker Classification 101: What Business Owners Need to Know

Paychex
Paychex
4.6 هزار بار بازدید - 2 ماه پیش - It’s time to review the
It’s time to review the new rules surrounding worker classification and this week on Paychex THRIVE class is in session. Shefali Milczarek-Desai, a distinguished scholar and associate professor of law at the University of Arizona, joins Gene to explore the complex subject of worker classifications as understanding its intricacies is more than a compliance exercise — it's an operational necessity. Shefali provides insights into recent changes in worker classification regulations, particularly focusing on new rules surrounding independent contractors, bringing attention to their impact on wages, benefits, and protections. This episode also explores the legal and financial implications of misclassification, along with strategies to avoid it. This is one class you don’t want to skip.

#WorkerClassification #BusinessRegulations #EmploymentLaw #Paychex

Topics include:
00:00: Episode preview and welcome
01:22: Introduction of Professor Shefali Milczarek-Desai
05:24: Introduction of worker classification discussion and rule changes
06:57: Explanation of the Fair Labor Standards Act and its implementation
10:52: Navigating the six factors for determining worker classification at the federal and state levels
15:02: Defining independent contractors vs. employees
17:03: Reviewing the Economic Realities Test
20:27: Department of Labor and IRS role in worker classification
22:15: Advice for business owners on navigating worker classification rules
26:25: Consequences of misclassification
28:41: Wrap up and thank you

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2 ماه پیش در تاریخ 1403/03/01 منتشر شده است.
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