IC Management; Time To Get Ready

* Note: This webcast does not qualify for HRCI or IHR credits

Through the 1980s and 1990s, the staffing industry emerged as a significant part of corporate manpower planning strategies, which prompted an offshoot population of independent contractors. This segment of the workforce was not employed by staffing agencies but rather, they incorporated themselves as a single entity and provided productivity through their newly created “businesses.” This group saw acceleration to its ranks through the Enterprise Resource Planning (ERP) boom, which spawned many niche technology professional experts who found higher wages by representing themselves as “independent corporations/ contractors”. With the diverse modular implementations of the ERP systems growing, the need for SAP, Oracle, PeopleSoft, JD Edwards, Baan and other ERP specialists created a rich supply and dynamic demand. With the technology expertise demand frenzy that continued via the “Y2K” software systems scare of 2000, these dual business elements fueled the continued explosion of the ranks of independent contractors well into the new millennium.

Nearly every week there is news of Independent Contractor misclassification and other "gray area" errors that are resulting in companies primarily (for now) in the US to pay enormous fines and in some extreme cases even serve jail time. This session will review some of these cases and, more importantly, lay out strategy and specific things you should be doing now to prepare for the inevitable audit from the CRA and other government and regulatory bodies of Canada.

Specifically, we will cover the US precedent and how in all of these cases, the company in question could have done more to ensure complete separation from their IC workforce. Further, we will discuss how these cases have increased in number; pointing to a disturbing trend of the US government’s realization of new revenue opportunities. Having seen links to US and Canada business and government actions in the past, we will also show why now is the time for companies here in Canada to be aware of these potential risks and exposures while proactively working to mitigate them. Finally, we will be pointing out specific things that you can be doing right now to lessen your risk.

HR, Legal, Finance and anyone else who is responsible for Independent Contractor management in your organization will want to attend.

This session will lay out strategy and specific things you should be doing now to prepare for the inevitable audit from the CRA and other government and regulatory bodies of Canada in dealing with the area of Independent Contractor Management.

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		Dan Roehrs HCMWorks, Inc. View Profile

		Susan Richards Payment Services Corporation View Profile