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Compliance Issues
Standard engagement practices improve effectiveness and mitigate risks. Without proper controls, many contingent workers – especially the phantom workforce - can create significant risks:
- Independent contractors that could be classified as employees
- Retiree’s, coming back as I.C’s, exposing the company’s retirement plan
- Not compensated to DOL’s regulations, such as paying premium overtime
Using APC’s CLASS process (Contingent Labor Assessment, Standardization, and Sustainability), these contingent workers are identified for your review.
If desired, APC can perform extended services such as:
- Perform IRS and DOL compliance assessment.
- Insure compliance using APC’s Employer of Record (EOR) service.
- Transfer knowledge of tenured contractors.
- Transition contractors acting in permanent positions.
Retain contractors deemed necessary but do it in compliance with the regulations and according to your company’s standards. APC can help.
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