risk management
Independent Contractor or Employee? Why It Matters
The bottom line is that if you misclassify an employee as an independent contractor, your business can face time-consuming audits, expensive fines, harmful media coverage, and damage to your reputation. Employees are entitled to health care, unemployment insurance, overtime pay, workers’ compensation, minimum wage, and other benefits that are not entitled by independent contractors. To…
Does Workers’ Compensation Give You a Headache?
Running any business comes with many risks. Therefore, you need the right types of business insurance. It’s not always clear which types of policies cover which elements of your business. Confusion about workers’ compensation insurance Unfortunately, some business owners are caught off-guard when an employee becomes injured, and their liability insurance does not cover…