challenge can become. Let's say you employ 20 contingent workers at $20.00 per hour (including taxes), generating $12,000 in payroll costs (assuming an average workweek of 30 hours per worker). After four
challenge will be to resolve crucial differences between the bills, particularly those pertaining to employer-sponsored health insurance coverage and related responsibilities. Additionally, as payroll tax
workers compensation costs are also a challenge, says Penny.
Another challenge will be the increase in unemployment taxes. "The staffing industry in general can't accept -- there isn't enough room in our
concerned about unemployment taxes, healthcare and workers' compensation, causing them to turn more toward staffing firms, he said. "They are looking to not increase their employment base, but to use temps
.3% of revenues last quarter. The remaining decline in gross profit margin was due to higher state unemployment taxes and other burdens, partially offset by higher pay bill spreads and higher RPO margins
governments and private attorneys representing people misclassified as ICs view their use as an area filled with opportunity for abuse. In just one recent example, FedEx was hit with penalties and back taxes
.S. companies, such as help desk services, processing of credit card information, filing tax returns and handling mortgage applications.
As a result, foreign employees and contingents have access to extensive
as Contractors (DE)
4. California Enacts Legislation Adjusting Tax Withholding Requirements (CA)
5. Wisconsin Federal Court Permits Disability Claim Against Staffing Company to Proceed to Trial
6 ... . Delaware Becomes the Latest State to Impose Penalties on Construction Industry Employers Who Misclassify Employees as Contractors (DE)
4. California Enacts Legislation Adjusting Tax Withholding
is in transition in a significant number of U.S. jurisdictions. In response to concerns about the employment tax implications of contractor misclassification, state legislatures and regulatory bodies have attempted