DOL’s Latest Rule: The Critical Differences Between Independent Contractors and Employees

Avoid Financial Penalties: Master the DOL’s New Rule!

Instructor :
Bob McKenzie

Webinar ID:
17734

Date: SEPT 26, 2024 (THU)

Start Time: 10 AM PT - 11:30 AM PT

Duration: 90 Mins.

What will you learn

    • The New DOL Six-Factor Test For Independent Contractor Classification
    • IRS Common Law Rules For Defining Independent Contractors
    • ABC Common Law Method For Classifying Workers
    • Key Financial Obligations For Independent Contractors vs. Employees
    • Legal Consequences Of Misclassifying Employees As Independent Contractors
    • Essential Components Of Independent Contractor Agreements
    • Common Pitfalls That Lead To ….
    • The New DOL Six-Factor Test For Independent Contractor Classification
    • IRS Common Law Rules For Defining Independent Contractors
    • ABC Common Law Method For Classifying Workers
    • Key Financial Obligations For Independent Contractors vs. Employees
    • Legal Consequences Of Misclassifying Employees As Independent Contractors
    • Essential Components Of Independent Contractor Agreements
    • Common Pitfalls That Lead To Misclassification Violations
    • Actionable Steps To Ensure Compliance With DOL Guidelines
    • How To Avoid Financial Penalties And Legal Risks

Course Description

“In September 2024, the Department of Labor (DOL) issued new rules clarifying the distinction between Independent Contractors and Employees.”

This webinar will dive deep into the critical changes and what they mean for businesses, HR teams, and contractors alike.

Here are a few important headlines:

    • The US Department of Labor recovered $532,000 in back wages from a company that misclassified workers as contractors.
    • A federal investigation in New York found a hotel management company misclassified workers, leading to $113,613 in back wages and damages.
    • A federal court in Virginia ordered a medical staffing agency to pay over $7.2 million in back wages and damages for improperly classifying workers as independent contractors.

Violating these rules can be costly, and businesses found in violation could face millions in back wages and fines. Don’t risk being one of them!

In this 90-minute session, you will learn:

    • How the new DOL rules define independent contractors vs. employees.
    • Key factors to consider when classifying workers.
    • Strategies to stay compliant and avoid penalties.
    • Real-life case studies showcasing businesses that failed to follow the rules.

Join us to ensure your business is on the right side of the law and avoid costly misclassification errors.

Enroll Now!

“In September 2024, the Department of Labor (DOL) issued new rules clarifying the distinction between Independent Contractors and Employees.”

This webinar will dive deep into the critical changes and what they mean for businesses, HR teams, and contractors alike.

Here are a few important headlines:

    • The US Department of Labor recovered $532,000 in back wages from a company that misclassified workers as contractors.
    • A federal investigation in New York found a hotel management company misclassified workers, leading to $113,613 in back wages and damages.
    • A federal court in Virginia ordered a medical staffing agency to pay over $7.2 million in back wages and damages for improperly classifying workers as independent contractors.

Violating these rules can be costly, and businesses found in violation could face millions in back wages and fines. Don’t risk being one of them!

In this 90-minute session, you will learn:

    • How the new DOL rules define independent contractors vs. employees.
    • Key factors to consider when classifying workers.
    • Strategies to stay compliant and avoid penalties.
    • Real-life case studies showcasing businesses that failed to follow the rules.

Join us to ensure your business is on the right side of the law and avoid costly misclassification errors.

Enroll Now!

Why you should attend

With the Department of Labor’s new rule on employee vs. independent contractor classification, businesses are under increasing scrutiny.

Misclassification is no longer just a small oversight—it can lead to massive financial penalties, lost productivity, and damage to your company’s reputation.

Now, more than ever, it’s critical to understand the fine line between these classifications to protect your organization.

This 90-minute webinar is designed to equip you with the practical knowledge and actionable strategies to navigate these complex changes. Whether you’re an HR professional, business owner, or part of a legal team, this webinar will provide you with the skills needed to make informed decisions and avoid costly mistakes.

What you’ll gain:

    • A thorough understanding of the new DOL rules and how they apply to your business.
    • The ability to safeguard your organization by ensuring your use of independent contractors aligns with the latest legal requirements.
    • Practical tips on crafting bulletproof independent contractor agreements that stand up to scrutiny.
    • Real-world examples of how companies have misclassified workers and the severe consequences they faced—so you can avoid the same pitfalls.

This session goes beyond theory—it delivers tangible solutions to real-world problems. With this knowledge, you’ll be able to confidently classify your workforce and proactively address risks, ensuring compliance and keeping your company on the right side of the law.

Join Now!

With the Department of Labor’s new rule on employee vs. independent contractor classification, businesses are under increasing scrutiny.

Misclassification is no longer just a small oversight—it can lead to massive financial penalties, lost productivity, and damage to your company’s reputation.

Now, more than ever, it’s critical to understand the fine line between these classifications to protect your organization.

This 90-minute webinar is designed to equip you with the practical knowledge and actionable strategies to navigate these complex changes. Whether you’re an HR professional, business owner, or part of a legal team, this webinar will provide you with the skills needed to make informed decisions and avoid costly mistakes.

What you’ll gain:

    • A thorough understanding of the new DOL rules and how they apply to your business.
    • The ability to safeguard your organization by ensuring your use of independent contractors aligns with the latest legal requirements.
    • Practical tips on crafting bulletproof independent contractor agreements that stand up to scrutiny.
    • Real-world examples of how companies have misclassified workers and the severe consequences they faced—so you can avoid the same pitfalls.

This session goes beyond theory—it delivers tangible solutions to real-world problems. With this knowledge, you’ll be able to confidently classify your workforce and proactively address risks, ensuring compliance and keeping your company on the right side of the law.

Join Now!

Areas Covered

    • The New DOL Six-Factor Test on Independent Contractors vs. Employees
    • IRS Common Law Rules Regarding Independent Contractors
    • ABC Common Law Method
    • Differences in Financial Obligations Between Independent Contractors and Employees
    • Consequences of Misclassifying Employees as Independent Contractors
    • Key Components of Independent Contractor Agreements
    • Common Pitfalls: What’s Going to Get You in Trouble
    • Action Items: Steps to Ensure Compliance

BONUS:

    1. PDF copy of the presentation handout for your future reference.
    2. Soft copy of the certificate of completion on request.
    3. Q&A Session with the Presenter: Get your pressing questions answered verbally, via chat or email.
    • The New DOL Six-Factor Test on Independent Contractors vs. Employees
    • IRS Common Law Rules Regarding Independent Contractors
    • ABC Common Law Method
    • Differences in Financial Obligations Between Independent Contractors and Employees
    • Consequences of Misclassifying Employees as Independent Contractors
    • Key Components of Independent Contractor Agreements
    • Common Pitfalls: What’s Going to Get You in Trouble
    • Action Items: Steps to Ensure Compliance

BONUS:

    1. PDF copy of the presentation handout for your future reference.
    2. Soft copy of the certificate of completion on request.
    3. Q&A Session with the Presenter: Get your pressing questions answered verbally, via chat or email.

Who is this course for

Everybody Benefits from Watching This. Even Better When Done as a Group!

    • HR Managers
    • Business Owners
    • Payroll Administrators
    • Compliance Officers
    • Legal Counsel
    • Hiring Managers
    • Talent Acquisition Specialists
    • CFOs (Chief Financial Officers)
    • Operations Managers

Everybody Benefits from Watching This. Even Better When Done as a Group!

    • HR Managers
    • Business Owners
    • Payroll Administrators
    • Compliance Officers
    • Legal Counsel
    • Hiring Managers
    • Talent Acquisition Specialists
    • CFOs (Chief Financial Officers)
    • Operations Managers

Instructor Profile

Bob McKenzie has over 40 years of human resources management experience. His background includes a wide range of hands-on HR practices including in all aspects of Human Resources. And is a variety of industries in with private sector, public sector and nonprofit employers. Bob has been cited in a number of ...

Bob McKenzie has over 40 years of human resources management experience. His background includes a wide range of hands-on HR practices including in all aspects of Human Resources. And is a variety of industries in with private sector, public sector and nonprofit employers.

Bob has been cited in a number of Human Resources trade publications. Among them are HR.com, HR Magazine, HR Florida Review, Vault.com, BNA and the Institute of Management and Administration and the Business Journals. He has been a speaker at a number of conferences as well as audio and web-based seminars.

Bob is a graduate of Rider University where he received a Bachelor of Science in Commerce Degree and double majored in Industrial Relations and Organizational Behavior and lives in Brunswick, GA.

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