Defining an Independent Business Providing Services to Your Company
As independent contractor compliance and engagement specialists, we are frequently asked by enterprise clients to help them manage the risks surrounding professional services vendors who perform work on a SOW basis for the benefit of the client company. Part of the solution is to educate our clients on the definition of an independent business.
Intellectual Property and Engaging Independent Contractors: Who Owns What?
Appropriate workers classification, though important, is not the only risk that consulting buyers face. Intellectual property concerns should also be addressed any time a business engages with an Independent Contractor to create, develop, or deliver a product, idea, or service for their business.
Know Your Contractors: Business Structures and Classification Risks
Learn how business structures impact classification risk assessment. Essential insights for staffing firms and recruiters managing contractor relationships.
Economic Realities Test: Do You Truly Have an Independent Contractor?
In a real-world example, when engaging a high-level software developer and the economic realities test is applied, an employer can be left in a challenging worker classification predicament. Let’s take a look at applying the economic realities test in this situation.
