The Human Cloud Podcast Ep. 114: Jason Posel, CEO of Greenlight.ai: Managing Compliance Risks in the Freelance Economy – Deep Dive into USDOL's New Worker Classification Rules
Jason Posel, CEO of Greenlight.ai, is a recognized leader in the Future of Work. He is an expert in managing contingent workforce payroll programs and associated contractor classification, tax, and labor law issues. This conversation explores the topic of worker classification and its impact on the freelance economy and provides timely insights into the potential impact of the recent updates by the U.S. Department of Labor on worker classification. Risk of misclassification is by far one of the leading blockers for freelance adoption, at scale, due to the massive implications of not getting this right. Jason emphasizes the need for a robust process to evaluate and engage contractors and helps companies adapt to these changes, ensuring compliance and fostering a fair and transparent work environment.
Takeaways
Having a robust process to evaluate and engage contractors is crucial for larger enterprises.
Recent changes in classification legislation have made it harder for businesses to classify workers as independent contractors.
Companies have traditionally used internal processes, employer of record services, or staffing companies to manage classification.
The rise of freelance work has introduced new challenges in classification, particularly in terms of compliance and risk management.
Companies should pay attention to this issue and implement programs to mitigate risks.