Read more about the article Gig Economy, Compliance, and Startups: How Misclassification Could Cost you $8.5 Million.
Blog page image for page

Gig Economy, Compliance, and Startups: How Misclassification Could Cost you $8.5 Million.

By Glenn Laumeister, AllWork CEO

The Gig Economy has shown itself to be extremely valuable to startups who want to grow quickly and build targeted elements of their business in a super flexible way.

 This surge of freelance workers shows no signs of slowing down. In fact, a survey by Braintrust found that 85% of knowledge workers are open to becoming freelancers. They want to work from anywhere, be their own boss, and work on the jobs that interest them the most. 

With this flexible workforce comes a whole new set of compliance and legal concerns. Managing and paying this workforce is much different than how you may be currently managing full-time, salaried employees. As a startup, your focus is on fundraising, growing your revenue, and making an awesome product, but there’s something else you need to worry about too: freelancer classification and compliance. 

(more…)

Continue ReadingGig Economy, Compliance, and Startups: How Misclassification Could Cost you $8.5 Million.

What the World of Freelance Looks Like Post-Pandemic

Now that the pandemic has shown everyone just how easy it is to work remotely and flexibly, more and more employers are planning to stick with freelance, part-time workers even after they return to “normal.” In fact, 60 percent of US business leaders surveyed would prefer to “share talent” with other companies, and 60 percent anticipate a core workforce with fewer full-time staff over the next few years.

(more…)

Continue ReadingWhat the World of Freelance Looks Like Post-Pandemic

The Return of Retail: How You Should Prepare

Retail makes a comeback

Last year, the spread of the coronavirus caused retailers to shutter and in-person shopping to grind to a halt. But these past few months have shown that shoppers are gradually returning to stores, marking a shift from the predominantly online consumer habits that dominated 2020. In fact, visits to physical stores have increased by 28.5% since the start of the year. Customers who’ve spent the past year stuck at home are ready to shop and they’re ready to have in-person experiences.

(more…)

Continue ReadingThe Return of Retail: How You Should Prepare