Blog

How to Avoid a Workforce Audit: Lessons in Worker Classification Compliance

Jan 3, 2017 12:00:00 PM

The workforce management experts at nextSource are called on thousands of times every year by organizations of all sizes and compositions to answer critical questions about workforce management. One of the most commonly asked questions they hear is, “how can my organization avoid a worker classification audit?” While the answer to this question may vary depending on the nature of the workforce in question, there are definitely best compliance practices that organizations should adhere to if they want to mitigate the risk involved in contract worker engagement. Here are some of the most useful and current audit events/examples and what all companies can do to avoid audits (and minimize the pain if they are audited).

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Topics: Blog, Compliance Services

Sourcing Contingent Labor: Benefits to Pursue and Red Flags to Identify

Dec 13, 2016 11:47:04 AM

There’s no doubt that the use of contingent labor is on the rise industry-wide. Companies are now sourcing contingent labor such as consultants, freelancers, temps, independent contractors, statement-of-work laborers and other non-permanent workers as part of their overall corporate strategies. These workers are not on the company’s payroll but provide important services to the organization. Hiring them comes with certain benefits and risks. First, we examine some benefits to pursue. Then we reveal some red flags to be aware of if you’re responsible for workforce management in your organization so you don’t run afoul of laws and regulations and incur costly penalties.

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Topics: Blog, Compliance Services

"Freelance Isn't Free" Bill Passes in NYC, What Does it Mean?

Nov 11, 2016 4:16:00 PM

The "gig economy" continues to have a dramatic effect on the contours of worker classification. The growth of freelance labor, ICs and other assorted 1099 workers has prompted government at all levels to put some standards around what it means to be this type of worker. That’s why on October 27, 2016, the New York City council passed the Freelance Isn’t Free Act, which now goes before Mayor Bill DeBlasio to be signed into law. What does the new law mean and what can freelancers in other cities do to get similar legislation passed in their locations?

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Topics: Compliance Services

ACA Compliance for Employers Part II

Oct 28, 2016 12:58:00 PM

Part I of ACA Compliance for Employers covered off on a brief overview of the Affordable Care Act (Obamacare) and the Tier 1 and Tier 2 penalties that employers may face if they lack compliance. Today’s nextSource Blog is Part II of a retrospective, looking-back-at-the-basics of Obamacare as we’ve covered them in the past and reiterates what we’ve shared in numerous posts across 2016 with respect to promoting and enforcing compliance with this important legislation. Part II looks at the different types of plans an organization can elect to offer under the ACA and the effects of each.

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Topics: Blog, Compliance Services

ACA Compliance for Employers Part I

Oct 26, 2016 4:39:49 PM

There’s never a bad time to revisit the information necessary to avoiding the potentially costly and damaging effects of failure to regard ACA compliance. Today’s nextSource Blog is part one of a retrospective, looking-back-at-the-basics of Obamacare as we’ve covered them in the past and reiterates what we’ve shared in numerous posts across 2016 with respect to promoting and enforcing compliance with this important legislation.

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Topics: Blog, Compliance Services

1099 Independent Contractors: The Assets and Liabilities of Engagement

Oct 17, 2016 10:00:25 AM

There are plenty of excellent reasons to engage 1099 contractors (ICs) in the service of your organizational and operational goals. However, as with any tool or practice, there are benefits to be gained as well as pitfalls to be avoided. Understanding what the potential assets and liabilities are with regard to any activity can mean the difference between success and failure. Here is a good breakdown of the possible assets/benefits an organization may expect to yield when using IC labor as well as the potential for liabilities. Weigh these carefully when considering utilizing 1099 contractors.

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Topics: Blog, Compliance Services

Etsy's Bold Moves in Support of Gig Economy Workers

Oct 12, 2016 1:31:22 PM

Etsy, the online craft community and sales platform recognizes the problems facing many of their suppliers (site users who maintain online storefronts to sell their handmade wares). Etsy’s suppliers are properly classified as independent contractors and, like most ICs, lack reliable access to benefits like healthcare and retirement planning. Etsy took the forward thinking step of publishing a white paper illustrating how their platform can support greater access to benefits and retirement planning for independent contractors.

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Topics: Compliance Services

SIA Collaboration in the Gig Economy Conference

Sep 30, 2016 4:25:00 PM

On September 21-22, nextSource had the opportunity to proudly sponsor the inaugural Collaboration in the Gig Economy Conference, held by the Staffing Industry Analysts. Collaboration was more than just a buzzword filling up the title of this conference—it was integral to the spirit of the attendees. Too often, buyers and sellers are pitted against one another, but the structure of this event turned the tables, so to speak, and enabled the buyers to receive feedback on past challenges, successes and overall experiences. Here are some of nextSource’s favorite takeaways from the conference. 

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Topics: Blog, Compliance Services