https://completemarkets.com/Article/article-post/648/Eleven-Workers-Compensation-Issues/
...isclassification of Independent Contractors: A Hot Issue. Both federal and sta...s the best way to put it is to say, “Workers Comp is in play.” Whether it’s governmental agencies, insurance companies, employers or health care prov...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2256/New-Irs-Employee-Classifications/
... cost of getting the job done through an outsource is less expensive than using common-law employees. A danger, however, occurs if the company providing the leased employees does not meet the tax or Workers' Comp obligations under the law. In this case, an employer utilizing leased employees may be liable for their taxes and benefits (including obligations under the Family Leave Act) . A recent IRS ruling exemplifies this confusion on the part of employers. Nurses supplied to a hospital by an outside firm were found to be working full-time on ... , and now there's more to say about classifying employees. Federal law (that is, IRS regulations) now defines six classes of employees: 1. Leased employees 2. Technical specialists 3. Statutory employees 4. Statutory nonemployees 5. Common-law employees 6. Independent contractors Only certain businesses need be concerned with the first four classes, but most businesses should be alert to the requirements of the last two classes. COMMON-LAW EMPLOYEES This is the most common form of employee/employer relationship. Generally, employees are defined as commonlaw employees ... employees are defined as common-law. The employers will probably be required to withhold taxes on these employees. INDEPENDENT CONTRACTORS The article hotlinked above details the status and relationship of independent contractors. LEASED EMPLOYEES Companies providing leased employees are basically an extension of temporary help agencies. These workers are employees of the leasing company, which pays their taxes, Workers' Compensation, and other costs. Properly operated, employee leasing can provide workers (at a fixed fee per time period or project) for generally longer periods than temporary help agencies. Employee ...
https://completemarkets.com/Article/article-post/2256/New-Irs-Employee-Classifications/
...on-law employees
6. Independent contractors
Only certain businesses need be c...eated as self-employed independent contractors; taxes are not withheld because...
https://completemarkets.com/Article/article-post/2257/NEW-IRS-EMPLOYEE-CLASSIFICATIONS/
...n-law employees 6. Independent contractors Only certain businesses need be c...eated as self-employed independent contractors; taxes are not withheld because...
https://completemarkets.com/Article/article-post/374/Solidifying-The-Bond-With-Your-Customer/
...g the right topics? For instance, Workers' Comp is a hot topic, and many agenc...ent with property coverages (a lot of companies are being 'double dipped' by e...
https://completemarkets.com/Article/article-post/360/Bond-With-Shared-Pain/
... E&O coverages, Property, and Workers Comp, plus all the other increases in your ...nformed about efforts of agencies and companies to seek tort reform and other ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/648/Eleven-Workers-Compensation-Issues/
... Frequency of Claims Slowing. According to insurers, the long-term trend of declining claims frequency (claims filed per employer payroll) is flattening. This is significant because declining trends that started in 1991 have helped counter rising medical costs driven by the severity of claims and increased utilization. It's too early to determine the reasons or permanency of the shift, and it could be a temporary blip caused by employers cutting back on safety initiatives. On the other hand, a strengthening job market could mean hiring employees who are less experienced and more ... timely fashion about the status of the claim to prevent misunderstandings so the worker does not mistakenly conclude that the claim has been denied. Eliminate system features that encourage denials or payment delays to help prevent worker's misconstruing a delay as a denial. 7. Misclassification of Independent Contractors: A Hot Issue. Both federal and state agencies stepped up their oversight of the classification of independent contractors in 2010. In addition, the number of worker class-action lawsuits against employers relating to independent contractors rose 50% in the same year to a record 300 ... have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Eleven Workers Compensation Issues 4/30/2013 12:00:00 AM by CompleteMarkets Editor , Preston Diamond This content has not been rated yet. When the nation's legislative landscape was dominated by health care reform and relatively stable Workers Compensation rates in 2010, Workers Compensation ...