Practical Tools

New DOL Guidance on Independent Contractors: 6 Questions You Need to Ask

If you currently tap Independent Contractors (ICs) as a cash-conserving strategy, or intend to use ICs in the future, heads up: the Department of Labor says most companies get the classification wrong.

And they’ve offered new guidance to help you differentiate ICs from employees.

In this Practical Tool, you'll discover:

  • How to apply the "economic realities factors"
  • Why "buying one's own tools" doesn't automatically make someone an IC
  • Real world examples of how to apply the new guidelines

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