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"Understanding the Impact of Biden's Independent Contractor Rule on Workers and Entrepreneurs"

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Source: CNBC
"Understanding the Impact of Biden's Independent Contractor Rule on Workers and Entrepreneurs"
Photo: CNBC
TL;DR

The Department of Labor's new rule change under the Fair Labor Standards Act, set to take effect on March 11, aims to curb misclassification of independent contractors. The rule uses an economic realities test with six metrics to determine worker classification, reverting to a pre-2021 emphasis. It applies to workers paid less than the federal minimum wage and overtime, allowing them to file claims if they believe they've been misclassified and denied proper wages.

Topics:businesslabor-and-employment-law#department-of-labor#fair-labor-standards-act#independent-contractors#labor-and-employment-law#minimum-wage#misclassification
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  1. Labor Department's new independent contractor rule could help workers recover lost wages—here's how  CNBC
  2. Podcast: The new independent contractor rule and how it affects you  Land Line Media
  3. Backlash Emerges Over New Independent Contractor Rule | Inc.com  Inc.
  4. Biden’s war on freelancers hurts young entrepreneurs most  The Hill
  5. Biden independent contractor rule an attack on trucking entrepreneurship  CCJ

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