Independent Contractor Risk Mitigation: Insights and Innovations

Independent Contractor Risk Mitigation: Insights and Innovations

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Organizations of every size and industry rely on an increasingly independent workforce. As the number of talented professionals choosing independence climbs, forward-looking procurement leaders enable a project mindset and benefit by having access to more talent that values increased flexibility. Capitalizing on this trend without ongoing guidance from qualified resources invites risks, particularly of misclassification. Federal and state regulatory agencies, reacting to fraud and lost tax revenue, are churning out new classification laws and strengthening their enforcement focus. Don’t let these challenges keep you from optimizing your workforce. Join us to explore the risks of employing independent contractors and best practices for mitigating those risks.

Topics covered in this session included:

  • How contract talent can best be used
  • Why contractor reclassification is costing businesses billions each year
  • How to understand the complexities and types of contractor-related risk factors
  • The best practices for safely leveraging independent talent
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