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Adecco et casestudy_independ_contractor

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1099 risk mitigation & contractor compliace

1099 risk mitigation & contractor compliace

Published in: Career

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  • 1. Case study Who is an independent contractor? Adecco Engineering & Technical helps a large global personal care and apparel company classify their contingent workforce and mitigate risk. The challenge: A global personal care company with over 100 independent contractors (ICs) had no uniform compliance process to classify employees as independent contractors. The lack of a defined process increased their risk of facing stiff penalties. The Adecco Engineering & Technical solution. The results. • Evaluate all contingent workers. The client’s risk and liability related to IC misclassification significantly decreased by having Adecco assess each IC. Adecco Engineering & Technical conducted over 100 assessments. 25 qualified for IC status; all other freelancers were migrated to W-2 Status. The Adecco IC Classification Program provides an audit trail if the client is required to provide documentation on worker classification. Adecco Engineering & Technical can show a documented assessment process for all classifications. • Identify all active independent contractors and require documentation of the business claim for IC classification. • Require proper documentation — articles of incorporation, business licenses, invoice samples, evidence of multiple customers, marketing materials, insurance and statements of work (SOW). Once all materials were reviewed by a licensed tax professional, a memo detailing Adecco’s decision was created and, if necessary, retained counsel was consulted to determine classification status. At the end of the classification process, Adecco produced a list of W-2 workers and a list of 1099 workers for the client. If the contractor qualified as an independent contractor, the IC was provided a customized consulting agreement and immediately began a new contract at the client site with Adecco. Those that did not qualify as an IC migrated to W-2 status with Adecco at the client site. In addition, by having Adecco Engineering & Technical institute a compliance process, the client was able to manage the IC population through a central point of contact and establish an ongoing audit on the IC population. The partnership that developed between both organizations resulted in the client being able to have pricing control, reporting, and consolidated invoicing that were previously not available. For more information on how Adecco Engineering & Technical can help you with temporary worker classification, please contact me today. adeccousa.com ©2008 Adecco