Your business may be at risk and you may not even know it. If you have employees, here are three high risk areas you need to be aware of:
Oregon State Fines
Many businesses recently have been slapped with hefty fines and the owners had absolutely no idea they were doing anything wrong. The IRS is launching audits on over 6,000 employers and the U.S. Department of Labor estimates that 1 in 3 employers misclassifies workers …are you one of them? Avoid fines by understanding the laws around classification of independent contractors, interns/trainees, volunteers, and exempt employees.
Molly Kelley, an HR Business Partner at Xenium, works with many businesses and has found that “unfortunately, we’ve already seen quite a few businesses directly impacted by fines resulting from the confusion between whether the person performing work for them is actually an independent contractor or an employee… [read more]