Why Biden's new rule makes it harder for employers to classify workers as contractors
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- Опубліковано 7 вер 2024
- A new law from the Biden administration set to go into effect this March aims to protect gig workers from predatory employment practices and guarantee select benefits. Separately, independent contract work reportedly contributed up to $1.27 trillion to the US economy in 2023.
NYU Wagner Labor Initiative Director Terri Gerstein addresses loopholes employers use to label workers as independent contractors rather than full-time employees, demanding more regulation and enforcement from investigatory bodies to protect American workers.
"The US Department of Labor Wage and Hour Division, which enforces the minimum wage law and overtime as well as child labor and other laws, only has around 700 something investigators for the entire country, which is around 400 fewer than they had in the late 1970s," Gerstein tells Yahoo Finance.
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these people in power just keep finding more and more ways to destroy lives
Yes they gonna destroy billion and billion lives on March 11
More taxes. Thats why this is being done. Gig workers miss paying their quarterly taxes. Workers should be given an option when they sign up. Do you want to be an employee or a contractor?
Contractor only
700 for the entire nation?
sounds like the ammount of people actually getting real health care if your poor with no children. they call us the expendable's
2:41 Just because something is big, it doesn't mean it can't be enforced.
The reality is would you rather have more unemployment and homeless people ? Many countries found if the government and lawyers just abstained from interfering and being the obstacle to personal growth, mental health and progress then their economy would be in better shape with more creative opportunities for people just to be helpful, practice new ways of being, doing new things they don’t know how to do, and making personal progress. There is the story of a farmer who want to help the small sprout coming out of the ground by pulling on it. Then the sprout died. If the farmer will just let the apple tree grow to the size it has abundant apples then lawyers and gov might help to get part of it for the homeless people. The point is China was able to lift more than 400 million out of poverty is by just allowing people to do what is needed without requiring small businesses to use 95% of their time figuring out what is the law and paperwork they need to prepare and file serving the government. So please exclude any small business making less than $200,000 so their children and family can have good and shelter.
Amped Electric in Glenolden, Pa pays their employees as Independent Contractors
Government regulations don't protect employees. They just put a huge burden on the employers which makes them not want to hire anyone. Eventually people find it hard to get a job because of all the regulations.