175. Should Your Contractors Actually Be Employees? How to Properly Classify Workers to Avoid Legal Issues

I’m diving into a crucial topic that will help keep you out of legal trouble: the misclassification of workers who should be employees as contractors. I'll share a fascinating case study on the gig economy and legal battles, where companies like Uber and Lyft have faced complex challenges and regulations. Understanding the key differences between employees and contractors is vital for every business owner. We’ll discuss why the government is so invested in worker classification and the serious consequences of getting it wrong. But don’t worry, I’ve got you covered with tips on how to correctly classify your workers to stay out of hot water! Plus, I’m sharing practical advice to help you stay informed and compliant with the latest regulations. Tune in, and let’s ensure you have all the tools you need to succeed and stay on the right side of the law!What you'll hear in this episode:[0:00] The Common Misclassification Mistake[2:40] Case Study: The Gig Economy and Legal Battles[6:40] Understanding the Difference: Employee vs. Contractor[9:40] Why the Government Cares About Classification[11:45] Consequences of Misclassification[13:10] How to Correctly Classify Your Workers[20:50] Practical Advice for Staying Informed and CompliantListen to Similar Episodes:147. Navigating Wage and Hour Laws167. Should You Be Friends with Your Employees?171. Do You Need Worker's Comp Insurance?* Connect with me on LinkedIn https://www.linkedin.com/in/jackiemkoch/* Find more information on my website peopleprinciples.co

Om Podcasten

Jackie Koch has been in the trenches building the teams that grow companies for over 15 years. She’s hired hundreds of people, navigated countless sticky situations, and earned an MBA along the way. From being deeply involved in the nitty-gritty of team building to now helping others navigate the waters of running a business, she wants to help you avoid the messes she’s had to help clean up. Listen in and discover insights on leadership dos and don'ts, strategies for effective hiring and team building, and essentials to keep your business in employment compliance. Through solo episodes, guest episodes featuring experts in the field, and candid conversations with her business partner you'll be well on your journey to becoming the World’s Greatest Boss.