The Penalties for Misclassifying Independent Contractors

Recently a company in Louisiana agreed to pay nearly $250,000 in penalties for improperly classifying employees as independent contractors. Specifically, “…an electrical contractor based in New Iberia, Louisiana – has paid $249,278 in back wages to 117 employees” according to the press release from the USDOL. The employer was charged with not paying required overtime …

Read moreThe Penalties for Misclassifying Independent Contractors

Do you know the penalties for improperly classifying employees as Independent Contractors?

I gave a presentation the other day, on behalf of ComplyRight,  on how companies can incorrectly classify workers as independent contractors rather than employees. Many companies think that using independent contractors is a prudent way of doing business. It reduces an employer’s liabilities, keeps costs down and provides greater flexibility than might be achieved by …

Read moreDo you know the penalties for improperly classifying employees as Independent Contractors?

Two things EVERY US employer should have done by January 1st

  I am hoping that after reading this you say to yourself  “Yep we are good.” If not then now you have an opportunity to make corrections. Payroll changes On October 30, 2013, the Social Security Administration (SSA) told us that the maximum amount of earnings subject to the Social Security payroll tax was going …

Read moreTwo things EVERY US employer should have done by January 1st

Pin It on Pinterest