Compliance Risk Assessment Tool for Independent Workforce Engagement

Because hiring independent contractors carries inherent risks, thorough preparation is key. Misclassification often happens unintentionally when businesses are unaware of worker classification laws. However, it can also be done deliberately to reduce labor costs or avoid payroll taxes.

Regardless of the cause, misclassification can lead to negative consequences like legal battles and costly fines, which can be detrimental to your business. 

Creating an Effective Contractor Management Program

There are many factors to consider and many steps to take to create an effective program. These include:

• Support from executive leadership
• Company-wide policy creation
• Engagement criteria creation
• Creation of processes to ensure fast onboarding time and payment
• Identification of key program management staff
• Program cost analysis
• Implementation of contractor-friendly technologies
• Adoption of clear communication strategies
• Retention of on-demand, high quality talent

Our Independent Consultant Program Preparedness Self-Assessment tool measures your company’s ability to implement a contractor management program.

Risk Assessment Tool

After you complete the survey, you’ll be able to:

1. Determine if your program is well positioned and sustainable
2. Qualify your risk levels
3. Identify how your program will be adopted
4. Advise on steps to take to ensure that your program is successful

Use our tool as a helpful guide in assessing if you are ready to hire and manage contingent workers.

Complete the form to download now.