U.S. DOL Announces New Final Rule on Independent Contractors

Jerry13 Feb, 2024Education

DOL Wage and Hour decision on the new independent contractor rule has hiked the possibility of misclassification lawsuits and fewer chances of businesses hiring gig workers. The update, going into effect on 11 March 2024, emphasizes that companies must rely on economic parameters while distinguishing between independent contractors and employees. With FLSA Independent Contractor Rule 2024 comes an employee-friendly approach with a six-factor totality test. Navigating through these steep updates is crucial for professionals; this session will offer a deciphered perspective on FLSA Independent Contractor Rule 2024 and how professionals can stay compliant.