What is an Independent Contractor (IC)?
According to the IRS, an individual is an independent contractor ‘if the payer has the right to control or direct only the result of the work, not what will be done and how it will be done.’ Independent contractors can (and should) be used wisely as part of a talent supply chain strategy that delivers high quality and timely skills in a cost effective way. With sound risk management and worker classification processes in place, the advantages of this worker category far outweigh the downsides.
This new paper is sharing more insights about the rise of Independent Contractors and their link to the Talent Supply Chain.
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