:· Is the contractor's company publicly traded? [Search Listings]

Action:A full iCompliance™ evaluation should not be required.

:· Is the contractor's company on your Approved Vendor list?

Action:A full iCompliance™ evaluation should not be required.

:· Has the contractor been your employee in the past 6 months?

:· Is the contractor self-employed or self-incorporated?

Status:This circumstance presents certain risks, exposure and liability to your company that may arise as a result of independent contractor reclassification. Specifically, the purported independent contractor may claim your company as his or her employer, or joint employer, which may result in your company being liable for back payroll taxes, benefits, retirement plans and any employee discount stock purchase plans from the first day he or she started working for your company.
 
Action:We recommend that you contact us about our w-2 payrolling service or initiate a full iCompliance™ evaluation.

:· Will the contractor be a w-2 employee of his or her company?

:· Does the contractor's company carry Workers Compensation
:· insurance, Commercial General Liability insurance in the amount
:· of at least $1M (million), Errors and Omissions [a.k.a.
:· Professional Liability] insurance in the amount of at least $1M
:· (million), and will his or her company agree to supply your
:· company with an insurance binder naming your company as an
:· additional insured?

Status:This circumstance presents certain risks, exposure and liability to your company that may arise as a result of independent contractor reclassification. Specifically, the purported independent contractor may claim your company as his or her employer, or joint employer, which may result in your company being liable for back payroll taxes, benefits, retirement plans and any employee discount stock purchase plans from the first day he or she started working for your company.
 
Action:We recommend that you contact us about our w-2 payrolling service or initiate a full iCompliance™ evaluation.

 
 
 
 
 
Status:This circumstance presents certain risks, exposure and liability to your company. Companies that provide you with services need to carry Workers Compensation insurance for their employees and should carry adequate business insurances to cover unforeseen general business liability.
 
Action:We recommend that you either initiate a full iComplianceT evaluation or that you contact us about our w-2 payrolling service.

 
 
 
 
 
Status:This circumstance would suggest that your contractor's company may be considered a "staffing source".
 
Action:As such, ask your contractor's company to provide you with adequate supporting documentation. However, if you are uncomfortable working with your contractor's company, we recommend that you contact us about our w-2 payrolling service or initiate a full iCompliance™ evaluation.