DOL Independent Contractor Proposal is Welcome News for Businesses: 4 Steps to Prepare
DOL Independent Contractor Proposal is Welcome News for Businesses: 4 Steps to Prepare The US Department of Labor just released a highly anticipated proposal today that should soon modernize its approach to determining whether a worker is an independent contractor or employee under federal wage laws. The Trump administration’s February 26 proposal will make it easier for businesses to engage with independent contractors – including freelancers and gig workers – while providing clearer lines on what aspects of the working relationship can trigger employee status . If you’re having a bit of déjà vu, we are too. This marks the third regulation on independent contractor status since 2021, and you might be dizzy from the back-and-forth changes. Here’s everything you need to know about the DOL’s latest proposal and four steps you can take now to prepare. Why Does it Matter? The distinction between independent contractors and employees is significant. For example, workers who are considered ...