Solutions Brief
Mitigating Worker Misclassification and Co-Employment Risk Through Contractor Compliance Services
May 8 2022
The tax and benefit risks associated with misclassification and co-employment are considerable. However, many organizations lack the internal knowledge and resources needed to ensure they and their contingent labor suppliers are compliant with all federal state laws and regulations to avoid liabilities.
In this data sheet, you’ll learn how Magnit’s Contractor Compliance Services Team strategically partners with clients to mitigate worker misclassification and co-employment risk. Topics include:
- Defining an independent contractor
- Understanding the contractor compliance services process
- Determining proper worker status
- Key differences between Independent Contractors (ICs) and employees
Download the data sheet and learn how Magnit can help you navigate through this complex regulatory landscape and ensure proper protocols.