Companies underestimate risk of contract employee classification

by Jaclyn Jaeger | Oct 15, 2014   ()
A new survey by ICon Professional Services, a provider of contingent workforce management solutions, finds a significant gap between the actual financial risk posed by companies that misclassify their independent contractor workforce and how companies perceive that risk.

According to the survey, 68 percent of more than 50 executives surveyed said they're confident they would pass a worker misclassification audit. In reality, only 55 percent actually reported passing such an audit.


Source: Compliance Week
Source: Compliance Week

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