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

Jackraines171713 Feb, 2024Education

According to the FLSA final rule, professionals are expected to abide by the newly suggested FLSA update. The update, going into effect on 11 March 2024, emphasizes that companies must rely on economic parameters while distinguishing between employee or independent contractors. Employers need to seek guidance from professional advisors when developing and implementing policies related to functioning with independent contractors. 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.