Last week Andrew Haldane, Chief Economist at the Bank of England, commented in a speech that ‘interest rates should remain low to avoid long-term economic stagnation’. Despite this positive outlook a rise in interest rates is imminent according to many sources with a recent report by The Guardian suggesting this rise is now…Continue
Added by Emma Allison on October 22, 2014 at 11:00am — No Comments
The latest Pulse Survey of Hiring Intentions from the Recruitment and Consulting Services Association (RCSA) shows 61 per cent of responding RCSA members predict an increase in the demand for permanent recruitment services over the next three months. In addition, 50 per cent expect an increase for on-hire workers over the time period.
“The Pulse Survey of Hiring Intentions and the Department of Employments’ Internet Vacancy Index, both…
Added by Elaine McKelvey on June 2, 2014 at 8:24pm — No Comments
It's a new year, and the usual predictions abound about what will be hot in 2012. Based on what we've been reading and hearing, here are the recruiting trends we think recruiters should keep an eye on:
1. Social Media Recruiting Wars - The race is on to see which social network, if any, will unseat LinkedIn as the recruiter's social network of choice. When it was released last year, a lot of people had their money on Google+ due to it's ability to…Continue
For various reasons, some workers prefer to be paid on 1099 instead of a W-2. But it's not worker's decision. The IRS guidelines determine whether a worker is classified as a 1099 independent contractor or a W-2 employee.
Still, recruiters and their clients often get push back when trying to convince…Continue
Added by Debbie Fledderjohann on January 24, 2012 at 11:49am — No Comments
As the crackdown on 1099 independent contractor misclassification continues to intensify, Congress has reintroduced legislation to help stop misclassification.
The Employee Misclassification Prevention Act was originally introduced in June 2010.…Continue
Added by Debbie Fledderjohann on October 26, 2011 at 3:15pm — No Comments
Many of the questions we receive from recruiters revolve around the proper classification of workers as either 1099 independent contractors or W-2 employees. One recent inquiry we received was particularly interesting, and we thought other recruiters could learn from it as well.
The recruiter in question works for a large firm. This particular recruiting firm has a standard practice of asking each contract candidate whether they would prefer to be…Continue
Added by Debbie Fledderjohann on October 18, 2011 at 11:57am — No Comments
If you have clients who have been misclassifying W-2 employees as independent contractors (ICs), the IRS is providing a way for them to come clean.
Through the agency's recently launched Voluntary Worker Classification Settlement Program, if employers voluntarily reclassify their ICs as…Continue
Added by Debbie Fledderjohann on September 27, 2011 at 11:00am — No Comments
The Department of Labor (DOL) is requesting $46 million in the Fiscal Year 2012 budget to allow the agency to "redouble its efforts to combat worker misclassification."
Over the past couple of years, the DOL has been cracking down on employers who misclassify workers who should be W-2 employees as 1099 independent…Continue
Seems like all we hear about in the news is gloom and doom when it comes to the job market, but Agile’s 2Q 2011 Market Pulse has some positive findings! Metro Atlanta IT employment is gaining momentum, and it appears IT employers are more confident about the future as an increase in IT hiring (perm and contract) continued during the second quarter of 2011.
In our latest issue of…Continue
Added by Jon Prete on August 5, 2011 at 8:42am — No Comments
The Department of Labor (DOL) recently recovered more than $219,000 in back wages and liquidated damages on behalf of 44 workers who were misclassified as independent contractors, providing a real-life example of how serious the government's crackdown on misclassification is.
The employer had moved a…Continue
Added by Debbie Fledderjohann on March 22, 2011 at 4:00pm — No Comments
Some of the most frequent questions we get at Top Echelon Contracting revolve around the proper classification of workers: When is it OK to classify them as 1099 independent contractors? What are the ramifications of misclassifying workers? When should they be W-2 employees? What triggers an IRS audit?
If you get these same types of questions from your clients, you may want to check out my video chat with…Continue
Added by Debbie Fledderjohann on March 9, 2011 at 9:00am — No Comments
Added by Debbie Fledderjohann on November 17, 2010 at 11:43am — No Comments
A recent fine levied against an Ohio-based company should serve as a warning to employers that simple recordkeeping mistakes on I-9s could cost them big.
According to a recent Human Resource Executive Online article, Abercrombie & Fitch agreed to pay $1,047,110 to settle the fine that was waged after a 2008 U.S. Immigration and Customs Enforcement (ICE)…Continue
Added by Debbie Fledderjohann on November 8, 2010 at 2:17pm — No Comments