California sought to make it more difficult for businesses to hire independent contractors with the passage of California Assembly Bill 5 (or AB5). But the gig economy shows no sign of slowing down. A new study from Mastercard predicts double-digit annual growth for the industry over the next five years. It projects gig economy transactions will reach $455 billion by 2023. Resistance to reclassification came both swiftly and loudly. Legislators heard from not only ride share drivers, but truckers and journalists. Now many gig workers have found quick work-arounds to guard their independent status.
How Employers and Contractors Are Retaining Independence Under AB5
Posted by lyceum under Employee BenefitsFrom https://smallbiztrends.com 1530 days ago
Who Voted for this Story
Subscribe
“Lisa: Thanks for your nice words! It is available on my podcast host for...”
“Love the title Martin, where is it available?...”
“Yes, it's quite the new term Martin. But it's been around for a while....”
“Automation is a broad topic but I like ConvertKit for emails and SocialBee...”
“Lisa: I have not heard about the expression, "engagement...”
Comments