Top 10 Steps To Take If You Have An IC Compliance Issue

Top 10 Steps To Take If You Have An IC Compliance Issue

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Two months ago, we published a Top Ten article titled “Top Ten Ways to Determine if You Have an Independent Contractor Compliance Issue: Understanding and Recognizing Misclassification Risk. This prompted some readers to ask for the next logical step: once you know you have independent contractor (IC) risk, what should you do about it? This Top Ten list does just that. As businesses move into the Project Economy, proper use of ICs is critical. If you suspect that your business may be using independent contractor engagement practices that heighten your risk profile, you need to arm yourself with an understanding of what today’s most forward-looking companies are doing to reduce their risk. The following ten best practices can mitigating or even eliminate risks associated with engaging independent talent.

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